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August 19, 2022

Sandel Operating records 1.26% decrease in production in April 2020

By Carmen

Sandel Operating recorded a decrease of 1.26% in total oil and gas production to 868.01 boe/d in April 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Sandel Operating declined 4.51% in April 2020 from 909.03 boe/d in April 2019.

On a YTD basis, the company’s total oil and gas production increased by 1.31% from the same period in 2019.

The company’s oil production grew 312.73% to 2.27 bd in April 2020 from the previous month, while gas production declined by 2.61% to 4.48 mmcf/d. On a YTD basis, oil production decreased by 85.38% in 2020 when compared with the same period in 2019, while gas production rose by 4.14%. Out of the total oil and gas production in April 2020, oil production held a 0.26% share, while gas production held an 88.99% share.


Looking at the states where Sandel Operating recorded the highest oil and gas production in April 2020, Texas figured at the top, accounting for a 100% share. The company produced 868.01 boe/d in the state in April 2020, a decrease of 1.26% from the previous month.

On a YTD basis, the company produced 3,676.74 boe/d in Texas in 2020, recording an increase of 1.31% from the same period in 2019.



Sandel Operating witnessed the highest oil and gas production in Live Oak county in April 2020. Out of all the counties, Live Oak county held a share of 29.51% for the firm. The company produced 256.16 boe/d in Live Oak county in April 2020, a decrease of 17.61% in production when compared with the previous month.

On a YTD basis, the county produced 1,206.04 boe/d for the company in 2020, a 29.99% increase from the same period in 2019.



Methodology

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.

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