Pacific Coast Energy recorded a decrease of 27.21% in total oil and gas production to 1,953.59 boe/d in April 2020 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Pacific Coast Energy declined 37.05% in April 2020 from 3,103.63 boe/d in April 2019.
On a YTD basis, the company’s total oil and gas production decreased by 18.68% from the same period in 2019.
The company’s oil production declined 28.46% to 1,683.1 bd in April 2020 from the previous month, while gas production declined by 18.23% to 1.57 mmcf/d. On a YTD basis, oil production decreased by 18.32% in 2020 when compared with the same period in 2019, while gas production declined by 21.22%. Out of the total oil and gas production in April 2020, oil production held an 86.15% share, while gas production held a 13.86% share.
Looking at the states where Pacific Coast Energy recorded the highest oil and gas production in April 2020, California figured at the top, accounting for a 100% share. The company produced 1,953.59 boe/d in the state in April 2020, a decrease of 27.21% from the previous month.
On a YTD basis, the company produced 9,938.4 boe/d in California in 2020, recording a decrease of 18.68% from the same period in 2019.
Pacific Coast Energy witnessed the highest oil and gas production in Santa Barbara county in April 2020. Out of all the counties, Santa Barbara county held a share of 76.84% for the firm. The company produced 1,501.13 boe/d in Santa Barbara county in April 2020, a decrease of 33.07% in production when compared with the previous month.
On a YTD basis, the county produced 8,225.6 boe/d for the company in 2020, a 20% decrease 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.