View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Market Data
July 19, 2022

Rio Oil & Gas Permian Iillc records 60.39% increase in production in March 2020

By Carmen

Rio Oil & Gas Permian Iillc recorded an increase of 60.39% in total oil and gas production to 13,099.3 boe/d in March 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Rio Oil & Gas Permian Iillc grew 221.88% in March 2020 from 4,069.59 boe/d in March 2019.

On a YTD basis, the company’s total oil and gas production increased by 138.92% from the same period in 2019.

The company’s gas production up by 48.5% to 44.61 mmcf/d in March 2020 from the previous month. On a YTD basis, gas production rose by 126.7% in 2020 when compared with the same period in 2019. Out of the total oil and gas production in March 2020, gas production held a 58.71% share.


Looking at the states where Rio Oil & Gas Permian Iillc recorded the highest oil and gas production in March 2020, Texas figured at the top, accounting for a 100% share. The company produced 13,099.3 boe/d in the state in March 2020, an increase of 60.39% from the previous month.

On a YTD basis, the company produced 30,950.24 boe/d in Texas in 2020, recording an increase of 138.92% from the same period in 2019.



Rio Oil & Gas Permian Iillc witnessed the highest oil and gas production in Reeves county in March 2020. Out of all the counties, Reeves county held a share of 100% for the firm. The company produced 13,099.3 boe/d in Reeves county in March 2020, an increase of 60.39% in production when compared with the previous month.

On a YTD basis, the county produced 30,950.24 boe/d for the company in 2020, a 138.92% increase 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.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Offshore Technology