S & C Oil recorded an increase of 9.17% in total oil and gas production to 119.76 boe/d in March 2020 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of S & C Oil declined 41.19% in March 2020 from 203.64 boe/d in March 2019.
On a YTD basis, the company’s total oil and gas production decreased by 39.11% from the same period in 2019.
The company’s oil production grew 11.75% to 107.84 bd in March 2020 from the previous month, while gas production declined by 12.5% to 0.07 mmcf/d. On a YTD basis, oil production decreased by 42.04% in 2020 when compared with the same period in 2019, while gas production. Out of the total oil and gas production in March 2020, oil production held a 90.05% share, while gas production held a 10.08% share.
Looking at the states where S & C Oil recorded the highest oil and gas production in March 2020, California figured at the top, accounting for a 100% share. The company produced 119.76 boe/d in the state in March 2020, an increase of 9.17% from the previous month.
On a YTD basis, the company produced 340.79 boe/d in California in 2020, recording a decrease of 39.11% from the same period in 2019.
S & C Oil witnessed the highest oil and gas production in Los Angeles county in March 2020. Out of all the counties, Los Angeles county held a share of 93.45% for the firm. The company produced 111.92 boe/d in Los Angeles county in March 2020, an increase of 11.66% in production when compared with the previous month.
On a YTD basis, the county produced 317.88 boe/d for the company in 2020, a 39.63% 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.