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August 19, 2022

Rampart Energy records 42.52% decrease in production in April 2020

By Carmen

Rampart Energy recorded a decrease of 42.52% in total oil and gas production to 239.7 boe/d in April 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Rampart Energy declined 50.99% in April 2020 from 489.05 boe/d in April 2019.

On a YTD basis, the company’s total oil and gas production decreased by 18.6% from the same period in 2019.

The company’s oil production declined 43.25% to 209.03 bd in April 2020 from the previous month, while gas production declined by 35.71% to 0.18 mmcf/d. On a YTD basis, oil production decreased by 20.13% in 2020 when compared with the same period in 2019, while gas production declined by 5.22%. Out of the total oil and gas production in April 2020, oil production held an 87.2% share, while gas production held a 12.95% share.


Looking at the states where Rampart Energy recorded the highest oil and gas production in April 2020, North Dakota figured at the top, accounting for a 100% share. The company produced 237.38 boe/d in the state in April 2020, a decrease of 42.86% from the previous month.

On a YTD basis, the company produced 1,564.95 boe/d in North Dakota in 2020, recording a decrease of 19.03% from the same period in 2019.



Rampart Energy witnessed the highest oil and gas production in Mountrail county in April 2020. Out of all the counties, Mountrail county held a share of 84.85% for the firm. The company produced 203.38 boe/d in Mountrail county in April 2020, a decrease of 36.81% in production when compared with the previous month.

On a YTD basis, the county produced 1,221.9 boe/d for the company in 2020, a 19.6% 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.

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