Principle Petroleum recorded an increase of 447.49% in total oil and gas production to 287.43 boe/d in June 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Principle Petroleum declined 34.57% in June 2020 from 439.29 boe/d in June 2019.

On a YTD basis, the company’s total oil and gas production decreased by 36.91% from the same period in 2019.

The company’s oil production grew 447.69% to 287.43 bd in June 2020 from the previous month. On a YTD basis, oil production decreased by 36.94% in 2020 when compared with the same period in 2019. Out of the total oil and gas production in June 2020, oil production held a 100% share.


Looking at the states where Principle Petroleum recorded the highest oil and gas production in June 2020, Wyoming figured at the top, accounting for a 100% share. The company produced 287.43 boe/d in the state in June 2020, an increase of 447.49% from the previous month.

On a YTD basis, the company produced 1,591.76 boe/d in Wyoming in 2020, recording a decrease of 36.91% from the same period in 2019.



Principle Petroleum witnessed the highest oil and gas production in Park county in June 2020. Out of all the counties, Park county held a share of 100% for the firm. The company produced 287.43 boe/d in Park county in June 2020, an increase of 447.49% in production when compared with the previous month.

On a YTD basis, the county produced 1,591.76 boe/d for the company in 2020, a 36.91% 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.