Raven Forest Operating recorded an increase of 19.2% in total oil and gas production to 243.23 boe/d in June 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Raven Forest Operating grew 17.57% in June 2020 from 206.88 boe/d in June 2019.

On a YTD basis, the company’s total oil and gas production decreased by 40.32% from the same period in 2019.

The company’s gas production up by 21.1% to 1.32 mmcf/d in June 2020 from the previous month. On a YTD basis, oil production decreased by 99.49% in 2020 when compared with the same period in 2019, while gas production declined by 35.8%. Out of the total oil and gas production in June 2020, gas production held a 93.57% share.


Looking at the states where Raven Forest Operating recorded the highest oil and gas production in June 2020, Texas figured at the top, accounting for a 100% share. The company produced 243.23 boe/d in the state in June 2020, an increase of 19.2% from the previous month.

On a YTD basis, the company produced 872.11 boe/d in Texas in 2020, recording a decrease of 40.32% from the same period in 2019.



Raven Forest Operating witnessed the highest oil and gas production in Montgomery county in June 2020. Out of all the counties, Montgomery county held a share of 70.31% for the firm. The company produced 171.01 boe/d in Montgomery county in June 2020, an increase of 33.66% in production when compared with the previous month.

On a YTD basis, the county produced 489.22 boe/d for the company in 2020, a 42.31% 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.