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August 19, 2022

Pet Ex records 1.54% decrease in production in April 2020

By Carmen

Pet Ex recorded a decrease of 1.54% in total oil and gas production to 40.15 boe/d in April 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Pet Ex grew 150.62% in April 2020 from 16.02 boe/d in April 2019.

On a YTD basis, the company’s total oil and gas production increased by 216.76% from the same period in 2019.

The company’s oil production declined 1.54% to 40.15 bd in April 2020 from the previous month. On a YTD basis, oil production increased by 216.76% in 2020 when compared with the same period in 2019. Out of the total oil and gas production in April 2020, oil production held a 100% share.


Looking at the states where Pet Ex recorded the highest oil and gas production in April 2020, Kansas figured at the top, accounting for a 100% share. The company produced 40.15 boe/d in the state in April 2020, a decrease of 1.54% from the previous month.

On a YTD basis, the company produced 166.9 boe/d in Kansas in 2020, recording an increase of 216.76% from the same period in 2019.



Pet Ex witnessed the highest oil and gas production in Gove county in April 2020. Out of all the counties, Gove county held a share of 79.5% for the firm. The company produced 31.92 boe/d in Gove county in April 2020, an increase of 3.1% in production when compared with the previous month.

On a YTD basis, the county produced 126.96 boe/d for the company in 2020, a 373.38% 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.

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