Paloma Natural Gas recorded a decrease of 1.21% in total oil and gas production to 21,107.93 boe/d in April 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Paloma Natural Gas declined 3.55% in April 2020 from 21,884.42 boe/d in April 2019.

On a YTD basis, the company’s total oil and gas production increased by 26.57% from the same period in 2019.

The company’s oil production declined 1.88% to 618.47 bd in April 2020 from the previous month, while gas production declined by 1.19% to 118.84 mmcf/d. On a YTD basis, oil production decreased by 17.65% in 2020 when compared with the same period in 2019, while gas production rose by 28.55%. Out of the total oil and gas production in April 2020, oil production held a 2.93% share, while gas production held a 97.07% share.


Looking at the states where Paloma Natural Gas recorded the highest oil and gas production in April 2020, Louisiana figured at the top, accounting for a 1.49% share. The company produced 20,799.06 boe/d in the state in April 2020, a decrease of 0.92% from the previous month.

On a YTD basis, the company produced 92,260.44 boe/d in Louisiana in 2020, recording an increase of 24.55% from the same period in 2019.



Paloma Natural Gas witnessed the highest oil and gas production in De Soto county in April 2020. Out of all the counties, De Soto county held a share of 61.88% for the firm. The company produced 13,062.01 boe/d in De Soto county in April 2020, an increase of 7.85% in production when compared with the previous month.

On a YTD basis, the county produced 54,413.1 boe/d for the company in 2020, a 57.22% 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.