Petco Energy recorded an increase of 12.17% in total oil and gas production to 1,366.7 boe/d in June 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Petco Energy grew 12.32% in June 2020 from 1,216.74 boe/d in June 2019.

On a YTD basis, the company’s total oil and gas production decreased by 12.42% from the same period in 2019.

The company’s oil production grew 12.57% to 1,260.49 bd in June 2020 from the previous month, while gas production up by 8.77% to 0.62 mmcf/d. On a YTD basis, oil production decreased by 9.48% in 2020 when compared with the same period in 2019, while gas production declined by 35.35%. Out of the total oil and gas production in June 2020, oil production held a 92.23% share, while gas production held a 7.82% share.


Looking at the states where Petco Energy recorded the highest oil and gas production in June 2020, Mississippi figured at the top, accounting for an 84.45% share. The company produced 637.33 boe/d in the state in June 2020, an increase of 36.54% from the previous month.

On a YTD basis, the company produced 2,840.44 boe/d in Mississippi in 2020, recording a decrease of 65.64% from the same period in 2019.



Petco Energy witnessed the highest oil and gas production in Clarke county in June 2020. Out of all the counties, Clarke county held a share of 46.63% for the firm. The company produced 637.33 boe/d in Clarke county in June 2020, an increase of 36.54% in production when compared with the previous month.

On a YTD basis, the county produced 3,026 boe/d for the company in 2020, a 6.21% 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.