Sabinal Energy Operating recorded a decrease of 5.57% in total oil and gas production to 12,422.03 boe/d in March 2020 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Sabinal Energy Operating declined 4.77% in March 2020 from 13,044.23 boe/d in March 2019.
On a YTD basis, the company’s total oil and gas production decreased by 2.71% from the same period in 2019.
The company’s oil production declined 5.41% to 11,622.94 bd in March 2020 from the previous month, while gas production declined by 7.95% to 4.63 mmcf/d. On a YTD basis, oil production decreased by 2.73% in 2020 when compared with the same period in 2019, while gas production declined by 2.49%. Out of the total oil and gas production in March 2020, oil production held a 93.57% share, while gas production held a 6.43% share.
Looking at the states where Sabinal Energy Operating recorded the highest oil and gas production in March 2020, Texas figured at the top, accounting for a 100% share. The company produced 11,992.05 boe/d in the state in March 2020, a decrease of 5.58% from the previous month.
On a YTD basis, the company produced 37,158.37 boe/d in Texas in 2020, recording a decrease of 6.03% from the same period in 2019.
Sabinal Energy Operating witnessed the highest oil and gas production in Gaines county in March 2020. Out of all the counties, Gaines county held a share of 30.72% for the firm. The company produced 3,815.78 boe/d in Gaines county in March 2020, a decrease of 11.79% in production when compared with the previous month.
On a YTD basis, the county produced 12,420.31 boe/d for the company in 2020, a 2.18% increase 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.