NNOGC Exploration & Production recorded an increase of 2587.34% in total oil and gas production to 369.24 boe/d in June 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of NNOGC Exploration & Production grew 51.2% in June 2020 from 244.21 boe/d in June 2019.

On a YTD basis, the company’s total oil and gas production increased by 12.78% from the same period in 2019.

The company’s oil production grew 2471.33% to 332.73 bd in June 2020 from the previous month, while gas production stood at 0.21 mmcf/d. On a YTD basis, oil production increased by 13.79% in 2020 when compared with the same period in 2019, while gas production rose by 3.45%. Out of the total oil and gas production in June 2020, oil production held a 90.11% share, while gas production held a 9.81% share.


Looking at the states where NNOGC Exploration & Production recorded the highest oil and gas production in June 2020, Utah figured at the top, accounting for a 100% share. The company produced 324.19 boe/d in the state in June 2020 from the previous month.

On a YTD basis, the company produced 1,549.47 boe/d in Utah in 2020, recording an increase of 2.12% from the same period in 2019.



NNOGC Exploration & Production witnessed the highest oil and gas production in San Juan county in June 2020. Out of all the counties, San Juan county held a share of 100% for the firm. The company produced 369.24 boe/d in San Juan county in June 2020, an increase of 2587.34% in production when compared with the previous month.

On a YTD basis, the county produced 1,711.22 boe/d for the company in 2020, a 12.78% 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.