McClure Oil recorded an increase of 93.83% in total oil and gas production to 1,187 boe/d in June 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of McClure Oil declined 18.07% in June 2020 from 1,448.74 boe/d in June 2019.

On a YTD basis, the company’s total oil and gas production decreased by 18.97% from the same period in 2019.

The company’s oil production grew 138.71% to 931.37 bd in June 2020 from the previous month, while gas production up by 14.73% to 1.48 mmcf/d. On a YTD basis, oil production decreased by 15.69% in 2020 when compared with the same period in 2019, while gas production declined by 29.51%. Out of the total oil and gas production in June 2020, oil production held a 78.46% share, while gas production held a 21.5% share.


Looking at the states where McClure Oil recorded the highest oil and gas production in June 2020, Texas figured at the top, accounting for a 100% share. The company produced 1,185.47 boe/d in the state in June 2020, an increase of 93.82% from the previous month.

On a YTD basis, the company produced 7,336 boe/d in Texas in 2020, recording a decrease of 19.06% from the same period in 2019.



McClure Oil witnessed the highest oil and gas production in Glasscock county in June 2020. Out of all the counties, Glasscock county held a share of 58% for the firm. The company produced 688.47 boe/d in Glasscock county in June 2020, an increase of 66.35% in production when compared with the previous month.

On a YTD basis, the county produced 4,249.28 boe/d for the company in 2020, a 27.45% 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.