Osaka Gas recorded an increase of 8.55% in total oil and gas production to 61,539.92 boe/d in May 2020 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Osaka Gas grew 23.01% in May 2020 from 50,028.4 boe/d in May 2019.
On a YTD basis, the company’s total oil and gas production increased by 14.89% from the same period in 2019.
The company’s oil production declined 43.78% to 84.09 bd in May 2020 from the previous month, while gas production up by 8.58% to 350.23 mmcf/d. On a YTD basis, oil production decreased by 62.02% in 2020 when compared with the same period in 2019, while gas production rose by 16.32%. Out of the total oil and gas production in May 2020, oil production held a 0.14% share, while gas production held a 98.12% share.
Looking at the states where Osaka Gas recorded the highest oil and gas production in May 2020, Texas figured at the top, accounting for a 100% share. The company produced 61,539.92 boe/d in the state in May 2020, an increase of 8.55% from the previous month.
On a YTD basis, the company produced 2,80,045.42 boe/d in Texas in 2020, recording an increase of 14.89% from the same period in 2019.
Osaka Gas witnessed the highest oil and gas production in Panola county in May 2020. Out of all the counties, Panola county held a share of 38.54% for the firm. The company produced 23,715.56 boe/d in Panola county in May 2020, an increase of 2.69% in production when compared with the previous month.
On a YTD basis, the county produced 1,22,103.87 boe/d for the company in 2020, a 30.75% 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.