Sharp Image Energy recorded an increase of 165.12% in total oil and gas production to 909.4 boe/d in June 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Sharp Image Energy declined 3.72% in June 2020 from 944.52 boe/d in June 2019.

On a YTD basis, the company’s total oil and gas production decreased by 15.96% from the same period in 2019.

The company’s oil production grew 168.45% to 890.2 bd in June 2020 from the previous month, while gas production up by 57.14% to 0.11 mmcf/d. On a YTD basis, oil production decreased by 15.41% in 2020 when compared with the same period in 2019, while gas production declined by 32.11%. Out of the total oil and gas production in June 2020, oil production held a 97.89% share, while gas production held a 2.09% share.


Looking at the states where Sharp Image Energy recorded the highest oil and gas production in June 2020, Texas figured at the top, accounting for a 100% share. The company produced 909.4 boe/d in the state in June 2020, an increase of 165.12% from the previous month.

On a YTD basis, the company produced 4,701.45 boe/d in Texas in 2020, recording a decrease of 15.96% from the same period in 2019.



Sharp Image Energy witnessed the highest oil and gas production in Kent county in June 2020. Out of all the counties, Kent county held a share of 48.01% for the firm. The company produced 436.57 boe/d in Kent county in June 2020, an increase of 119.35% in production when compared with the previous month.

On a YTD basis, the county produced 2,362.24 boe/d for the company in 2020, a 17.88% 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.