Sanchez Oil & Gas recorded a decrease of 0.09% in total oil and gas production to 1,24,160.66 boe/d in May 2020 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Sanchez Oil & Gas declined 16.67% in May 2020 from 1,48,995.87 boe/d in May 2019.
On a YTD basis, the company’s total oil and gas production decreased by 22.05% from the same period in 2019.
The company’s oil production grew 4.5% to 14,759.78 bd in May 2020 from the previous month, while gas production up by 0.08% to 443.45 mmcf/d. On a YTD basis, oil production decreased by 32.01% in 2020 when compared with the same period in 2019, while gas production declined by 19.72%. Out of the total oil and gas production in May 2020, oil production held an 11.89% share, while gas production held a 61.58% share.
Looking at the states where Sanchez Oil & Gas recorded the highest oil and gas production in May 2020, Texas figured at the top, accounting for a 100% share. The company produced 1,24,160.66 boe/d in the state in May 2020, a decrease of 0.09% from the previous month.
On a YTD basis, the company produced 6,22,957.12 boe/d in Texas in 2020, recording a decrease of 22.05% from the same period in 2019.
Sanchez Oil & Gas witnessed the highest oil and gas production in Dimmit county in May 2020. Out of all the counties, Dimmit county held a share of 73.9% for the firm. The company produced 91,754.91 boe/d in Dimmit county in May 2020, a decrease of 0.36% in production when compared with the previous month.
On a YTD basis, the county produced 4,61,003.62 boe/d for the company in 2020, a 21.6% 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.