Proline Energy Resources recorded an increase of 1.1% in total oil and gas production to 791.68 boe/d in June 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Proline Energy Resources declined 41.27% in June 2020 from 1,348.08 boe/d in June 2019.

On a YTD basis, the company’s total oil and gas production decreased by 34.3% from the same period in 2019.

The company’s oil production grew 193.21% to 92.8 bd in June 2020 from the previous month, while gas production declined by 9.35% to 3.78 mmcf/d. On a YTD basis, oil production decreased by 60.59% in 2020 when compared with the same period in 2019, while gas production declined by 28.83%. Out of the total oil and gas production in June 2020, oil production held an 11.72% share, while gas production held an 82.32% share.


Looking at the states where Proline Energy Resources recorded the highest oil and gas production in June 2020, Texas figured at the top, accounting for a 100% share. The company produced 791.68 boe/d in the state in June 2020, an increase of 1.1% from the previous month.

On a YTD basis, the company produced 5,145.99 boe/d in Texas in 2020, recording a decrease of 34.3% from the same period in 2019.



Proline Energy Resources witnessed the highest oil and gas production in Burleson county in June 2020. Out of all the counties, Burleson county held a share of 17.18% for the firm. The company produced 136.02 boe/d in Burleson county in June 2020, an increase of 53.57% in production when compared with the previous month.

On a YTD basis, the county produced 585.04 boe/d for the company in 2020, a 14.68% 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.