Quail Creek Oil recorded a decrease of 77.4% in total oil and gas production to 274.62 boe/d in May 2020 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Quail Creek Oil declined 78.5% in May 2020 from 1,277.53 boe/d in May 2019.
On a YTD basis, the company’s total oil and gas production decreased by 21.72% from the same period in 2019.
The company’s oil production declined 76.79% to 232.34 bd in May 2020 from the previous month, while gas production declined by 78.13% to 0.21 mmcf/d. On a YTD basis, oil production decreased by 20.15% in 2020 when compared with the same period in 2019, while gas production declined by 13.69%. Out of the total oil and gas production in May 2020, oil production held an 84.6% share, while gas production held a 13.19% share.
Looking at the states where Quail Creek Oil recorded the highest oil and gas production in May 2020, Texas figured at the top, accounting for a 100% share. The company produced 252.26 boe/d in the state in May 2020, a decrease of 78.42% from the previous month.
On a YTD basis, the company produced 4,914.71 boe/d in Texas in 2020, recording a decrease of 24.42% from the same period in 2019.
Quail Creek Oil witnessed the highest oil and gas production in Liberty county in May 2020. Out of all the counties, Liberty county held a share of 90.6% for the firm. The company produced 248.81 boe/d in Liberty county in May 2020, a decrease of 77.57% in production when compared with the previous month.
On a YTD basis, the county produced 4,699.65 boe/d for the company in 2020, a 22.02% decrease from the same period in 2019.
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.