Sarita Energy Resources recorded a decrease of 13.59% in total oil and gas production to 400.98 boe/d in March 2020 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Sarita Energy Resources declined 11.73% in March 2020 from 454.26 boe/d in March 2019.
On a YTD basis, the company’s total oil and gas production decreased by 5.31% from the same period in 2019.
The company’s oil production declined 10.64% to 146.32 bd in March 2020 from the previous month, while gas production declined by 15.88% to 1.43 mmcf/d. On a YTD basis, oil production increased by 19.02% in 2020 when compared with the same period in 2019, while gas production declined by 14.49%. Out of the total oil and gas production in March 2020, oil production held a 36.49% share, while gas production held a 61.49% share.
Looking at the states where Sarita Energy Resources recorded the highest oil and gas production in March 2020, Texas figured at the top, accounting for a 100% share. The company produced 400.98 boe/d in the state in March 2020, a decrease of 13.59% from the previous month.
On a YTD basis, the company produced 1,324.85 boe/d in Texas in 2020, recording a decrease of 5.31% from the same period in 2019.
Sarita Energy Resources witnessed the highest oil and gas production in Kenedy county in March 2020. Out of all the counties, Kenedy county held a share of 92.1% for the firm. The company produced 369.31 boe/d in Kenedy county in March 2020, a decrease of 4.32% in production when compared with the previous month.
On a YTD basis, the county produced 1,115.63 boe/d for the company in 2020, a 0.45% 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.