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September 16, 2022

Lonewolf Operating records 31.57% decrease in production in May 2020

By Carmen

Lonewolf Operating recorded a decrease of 31.57% in total oil and gas production to 73.23 boe/d in May 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Lonewolf Operating declined 65.88% in May 2020 from 214.62 boe/d in May 2019.

On a YTD basis, the company’s total oil and gas production decreased by 24.99% from the same period in 2019.

The company’s oil production declined 75.2% to 9.16 bd in May 2020 from the previous month, while gas production declined by 9.76% to 0.37 mmcf/d. On a YTD basis, oil production decreased by 41.96% in 2020 when compared with the same period in 2019, while gas production rose by 7.1%. Out of the total oil and gas production in May 2020, oil production held a 12.51% share, while gas production held an 87.11% share.


Looking at the states where Lonewolf Operating recorded the highest oil and gas production in May 2020, Montana figured at the top, accounting for a 100% share. The company produced 73.23 boe/d in the state in May 2020, a decrease of 31.57% from the previous month.

On a YTD basis, the company produced 686.79 boe/d in Montana in 2020, recording a decrease of 24.99% from the same period in 2019.



Lonewolf Operating witnessed the highest oil and gas production in Blaine county in May 2020. Out of all the counties, Blaine county held a share of 100% for the firm. The company produced 73.23 boe/d in Blaine county in May 2020, a decrease of 31.57% in production when compared with the previous month.

On a YTD basis, the county produced 686.79 boe/d for the company in 2020, a 24.99% decrease from the same period in 2019.



Methodology

All publicly announced wells data are included in this analysis, which is drawn from GlobalData’s USL48 database that provides insights into oil and gas permits and wells as disclosed by state ministry sites.

GlobalData collects the latest production data and analyses the trends when it is made available for public disclosure by state ministries. Differences, if any, between the period of activity and the article date may be attributed to delays in the issuance of data.

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