Sabre Operating recorded a decrease of 4.2% in total oil and gas production to 393.61 boe/d in May 2020 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Sabre Operating grew 16.85% in May 2020 from 336.84 boe/d in May 2019.
On a YTD basis, the company’s total oil and gas production increased by 11.78% from the same period in 2019.
The company’s oil production declined 38.07% to 29.33 bd in May 2020 from the previous month, while gas production stood at 2.11 mmcf/d. On a YTD basis, oil production decreased by 16.1% in 2020 when compared with the same period in 2019, while gas production rose by 17.26%. Out of the total oil and gas production in May 2020, oil production held a 7.45% share, while gas production held a 92.42% share.
Looking at the states where Sabre Operating recorded the highest oil and gas production in May 2020, Oklahoma figured at the top, accounting for a 29.62% share. The company produced 258.77 boe/d in the state in May 2020, a decrease of 4.47% from the previous month.
On a YTD basis, the company produced 1,388.28 boe/d in Oklahoma in 2020, recording a decrease of 25.07% from the same period in 2019.
Sabre Operating witnessed the highest oil and gas production in Texas county in May 2020. Out of all the counties, Texas county held a share of 23.07% for the firm. The company produced 90.81 boe/d in Texas county in May 2020, an increase of 10.73% in production when compared with the previous month.
On a YTD basis, the county produced 426.96 boe/d for the company in 2020, a 3.38% 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.