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  1. Market Data
August 19, 2022

Osborn Heirs records 3.83% decrease in production in April 2020

By Carmen

Osborn Heirs recorded a decrease of 3.83% in total oil and gas production to 697.62 boe/d in April 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Osborn Heirs declined 11.41% in April 2020 from 787.47 boe/d in April 2019.

On a YTD basis, the company’s total oil and gas production decreased by 6.66% from the same period in 2019.

The company’s oil production declined 5.57% to 510.13 bd in April 2020 from the previous month, while gas production up by 0.96% to 1.05 mmcf/d. On a YTD basis, oil production decreased by 9.75% in 2020 when compared with the same period in 2019, while gas production rose by 3.7%. Out of the total oil and gas production in April 2020, oil production held a 73.12% share, while gas production held a 25.95% share.


Looking at the states where Osborn Heirs recorded the highest oil and gas production in April 2020, Wyoming figured at the top, accounting for a 100% share. The company produced 428.08 boe/d in the state in April 2020, a decrease of 3.66% from the previous month.

On a YTD basis, the company produced 1,776.21 boe/d in Wyoming in 2020, recording a decrease of 43.15% from the same period in 2019.



Osborn Heirs witnessed the highest oil and gas production in Campbell county in April 2020. Out of all the counties, Campbell county held a share of 56.39% for the firm. The company produced 393.42 boe/d in Campbell county in April 2020, a decrease of 2.77% in production when compared with the previous month.

On a YTD basis, the county produced 1,614.12 boe/d for the company in 2020, a 7.84% decrease 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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