View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Market Data
August 19, 2022

Nadel & Gussman Oil records 14.47% decrease in production in April 2020

By Carmen

Nadel & Gussman Oil recorded a decrease of 14.47% in total oil and gas production to 10,285.92 boe/d in April 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Nadel & Gussman Oil declined 34.82% in April 2020 from 15,779.68 boe/d in April 2019.

On a YTD basis, the company’s total oil and gas production increased by 4.11% from the same period in 2019.

The company’s oil production declined 12.64% to 799.3 bd in April 2020 from the previous month, while gas production declined by 14.62% to 55.02 mmcf/d. On a YTD basis, oil production increased by 4.53% in 2020 when compared with the same period in 2019, while gas production rose by 4.1%. Out of the total oil and gas production in April 2020, oil production held a 7.77% share, while gas production held a 92.22% share.


Looking at the states where Nadel & Gussman Oil recorded the highest oil and gas production in April 2020, Louisiana figured at the top, accounting for a 2.64% share. The company produced 9,717.99 boe/d in the state in April 2020, a decrease of 14.19% from the previous month.

On a YTD basis, the company produced 47,055.5 boe/d in Louisiana in 2020, recording a decrease of 1.78% from the same period in 2019.



Nadel & Gussman Oil witnessed the highest oil and gas production in Lincoln county in April 2020. Out of all the counties, Lincoln county held a share of 90.62% for the firm. The company produced 9,321.48 boe/d in Lincoln county in April 2020, a decrease of 14.39% in production when compared with the previous month.

On a YTD basis, the county produced 45,329.81 boe/d for the company in 2020, a 6.98% 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.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Offshore Technology