NNOGC Exploration & Production recorded an increase of 3.07% in total oil and gas production to 345.14 boe/d in March 2020 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of NNOGC Exploration & Production grew 37.68% in March 2020 from 250.69 boe/d in March 2019.
On a YTD basis, the company’s total oil and gas production increased by 31.39% from the same period in 2019.
The company’s oil production grew 0.26% to 308.68 bd in March 2020 from the previous month, while gas production up by 31.25% to 0.21 mmcf/d. On a YTD basis, oil production increased by 32.85% in 2020 when compared with the same period in 2019, while gas production rose by 15.38%. Out of the total oil and gas production in March 2020, oil production held an 89.44% share, while gas production held a 10.49% share.
Looking at the states where NNOGC Exploration & Production recorded the highest oil and gas production in March 2020, Utah figured at the top, accounting for a 100% share. The company produced 318.09 boe/d in the state in March 2020, a decrease of 0.17% from the previous month.
On a YTD basis, the company produced 899.27 boe/d in Utah in 2020, recording an increase of 21.93% from the same period in 2019.
NNOGC Exploration & Production witnessed the highest oil and gas production in San Juan county in March 2020. Out of all the counties, San Juan county held a share of 100% for the firm. The company produced 345.14 boe/d in San Juan county in March 2020, an increase of 3.07% in production when compared with the previous month.
On a YTD basis, the county produced 969 boe/d for the company in 2020, a 31.39% 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.