Rusk Energy Operating recorded a decrease of 11.38% in total oil and gas production to 313.55 boe/d in May 2020 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Rusk Energy Operating declined 0.97% in May 2020 from 316.63 boe/d in May 2019.
On a YTD basis, the company’s total oil and gas production increased by 6.3% from the same period in 2019.
The company’s oil production declined 12.94% to 257.49 bd in May 2020 from the previous month, while gas production declined by 3.03% to 0.32 mmcf/d. On a YTD basis, oil production increased by 2.82% in 2020 when compared with the same period in 2019, while gas production rose by 29.46%. Out of the total oil and gas production in May 2020, oil production held an 82.12% share, while gas production held a 17.6% share.
Looking at the states where Rusk Energy Operating recorded the highest oil and gas production in May 2020, Texas figured at the top, accounting for a 100% share. The company produced 313.55 boe/d in the state in May 2020, a decrease of 11.38% from the previous month.
On a YTD basis, the company produced 1,753.33 boe/d in Texas in 2020, recording an increase of 6.3% from the same period in 2019.
Rusk Energy Operating witnessed the highest oil and gas production in Houston county in May 2020. Out of all the counties, Houston county held a share of 53.19% for the firm. The company produced 166.78 boe/d in Houston county in May 2020, a decrease of 10.79% in production when compared with the previous month.
On a YTD basis, the county produced 877.29 boe/d for the company in 2020, a 1.38% 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.