SB Street Operating recorded an increase of 32% in total oil and gas production to 456.89 boe/d in June 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of SB Street Operating grew 12.71% in June 2020 from 405.35 boe/d in June 2019.

On a YTD basis, the company’s total oil and gas production increased by 8.12% from the same period in 2019.

The company’s oil production grew 38.16% to 382.3 bd in June 2020 from the previous month, while gas production up by 7.69% to 0.42 mmcf/d. On a YTD basis, oil production increased by 10.28% in 2020 when compared with the same period in 2019, while gas production declined by 0.35%. Out of the total oil and gas production in June 2020, oil production held an 83.67% share, while gas production held a 15.85% share.


Looking at the states where SB Street Operating recorded the highest oil and gas production in June 2020, Texas figured at the top, accounting for a 100% share. The company produced 456.89 boe/d in the state in June 2020, an increase of 32% from the previous month.

On a YTD basis, the company produced 2,724.41 boe/d in Texas in 2020, recording an increase of 8.12% from the same period in 2019.



SB Street Operating witnessed the highest oil and gas production in Haskell county in June 2020. Out of all the counties, Haskell county held a share of 31.67% for the firm. The company produced 144.69 boe/d in Haskell county in June 2020, an increase of 24.2% in production when compared with the previous month.

On a YTD basis, the county produced 875.19 boe/d for the company in 2020, a 15.67% decrease 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.