LRR Pecos Valley recorded a decrease of 17.77% in total oil and gas production to 30,263.8 boe/d in April 2020 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of LRR Pecos Valley grew 13.35% in April 2020 from 26,699.25 boe/d in April 2019.
On a YTD basis, the company’s total oil and gas production increased by 24.62% from the same period in 2019.
The company’s oil production declined 16.52% to 21,555.88 bd in April 2020 from the previous month, while gas production declined by 19.63% to 45.61 mmcf/d. On a YTD basis, oil production increased by 20.17% in 2020 when compared with the same period in 2019, while gas production rose by 27.4%. Out of the total oil and gas production in April 2020, oil production held a 71.23% share, while gas production held a 25.98% share.
Looking at the states where LRR Pecos Valley recorded the highest oil and gas production in April 2020, Texas figured at the top, accounting for a 100% share. The company produced 30,263.8 boe/d in the state in April 2020, a decrease of 17.77% from the previous month.
On a YTD basis, the company produced 1,40,430.93 boe/d in Texas in 2020, recording an increase of 24.62% from the same period in 2019.
LRR Pecos Valley witnessed the highest oil and gas production in Loving county in April 2020. Out of all the counties, Loving county held a share of 63.28% for the firm. The company produced 19,150.21 boe/d in Loving county in April 2020, a decrease of 18.53% in production when compared with the previous month.
On a YTD basis, the county produced 90,309.52 boe/d for the company in 2020, a 2.42% increase from the same period in 2019.