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July 18, 2022

Middle Fork Energy Uinta records 4.63% decrease in production in March 2020

By Carmen

Middle Fork Energy Uinta recorded a decrease of 4.63% in total oil and gas production to 12,118.3 boe/d in March 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Middle Fork Energy Uinta grew 21.71% in March 2020 from 9,956.31 boe/d in March 2019.

On a YTD basis, the company’s total oil and gas production increased by 26.76% from the same period in 2019.

The company’s oil production declined 5.16% to 1,821.55 bd in March 2020 from the previous month, while gas production declined by 4.54% to 59.72 mmcf/d. On a YTD basis, oil production increased by 5.7% in 2020 when compared with the same period in 2019, while gas production rose by 31.31%. Out of the total oil and gas production in March 2020, oil production held a 15.03% share, while gas production held an 84.97% share.


Looking at the states where Middle Fork Energy Uinta recorded the highest oil and gas production in March 2020, Utah figured at the top, accounting for a 100% share. The company produced 12,118.3 boe/d in the state in March 2020, a decrease of 4.63% from the previous month.

On a YTD basis, the company produced 37,561.21 boe/d in Utah in 2020, recording an increase of 26.76% from the same period in 2019.



Middle Fork Energy Uinta witnessed the highest oil and gas production in Uintah county in March 2020. Out of all the counties, Uintah county held a share of 99.17% for the firm. The company produced 12,018.32 boe/d in Uintah county in March 2020, a decrease of 4.58% in production when compared with the previous month.

On a YTD basis, the county produced 37,265.34 boe/d for the company in 2020, a 27.13% increase 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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