Mercury Resources recorded a decrease of 41.82% in total oil and gas production to 168.04 boe/d in March 2020 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Mercury Resources grew 148.76% in March 2020 from 67.55 boe/d in March 2019.
On a YTD basis, the company’s total oil and gas production increased by 50.89% from the same period in 2019.
The company’s oil production declined 42.36% to 133.94 bd in March 2020 from the previous month, while gas production declined by 39.39% to 0.2 mmcf/d. On a YTD basis, oil production increased by 62.2% in 2020 when compared with the same period in 2019, while gas production rose by 17.81%. Out of the total oil and gas production in March 2020, oil production held a 79.71% share, while gas production held a 20.52% share.
Looking at the states where Mercury Resources recorded the highest oil and gas production in March 2020, North Dakota figured at the top, accounting for a 100% share. The company produced 168.04 boe/d in the state in March 2020, a decrease of 41.82% from the previous month.
On a YTD basis, the company produced 740.31 boe/d in North Dakota in 2020, recording an increase of 50.89% from the same period in 2019.
Mercury Resources witnessed the highest oil and gas production in Mckenzie county in March 2020. Out of all the counties, Mckenzie county held a share of 65.01% for the firm. The company produced 109.24 boe/d in Mckenzie county in March 2020, a decrease of 45.64% in production when compared with the previous month.
On a YTD basis, the county produced 495.18 boe/d for the company in 2020, a 49.37% increase from the same period in 2019.
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.