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August 19, 2022

Shenandoah Petroleum records 30.11% decrease in production in April 2020

By Carmen

Shenandoah Petroleum recorded a decrease of 30.11% in total oil and gas production to 160.82 boe/d in April 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Shenandoah Petroleum declined 15.83% in April 2020 from 191.06 boe/d in April 2019.

On a YTD basis, the company’s total oil and gas production increased by 18.26% from the same period in 2019.

The company’s oil production declined 29.34% to 146.91 bd in April 2020 from the previous month, while gas production declined by 27.27% to 0.08 mmcf/d. On a YTD basis, oil production increased by 27.67% in 2020 when compared with the same period in 2019, while gas production declined by 20.69%. Out of the total oil and gas production in April 2020, oil production held a 91.35% share, while gas production held an 8.57% share.


Looking at the states where Shenandoah Petroleum recorded the highest oil and gas production in April 2020, Texas figured at the top, accounting for a 100% share. The company produced 160.82 boe/d in the state in April 2020, a decrease of 30.11% from the previous month.

On a YTD basis, the company produced 930.85 boe/d in Texas in 2020, recording an increase of 18.26% from the same period in 2019.



Shenandoah Petroleum witnessed the highest oil and gas production in Garza county in April 2020. Out of all the counties, Garza county held a share of 62.82% for the firm. The company produced 101.03 boe/d in Garza county in April 2020, a decrease of 29.78% in production when compared with the previous month.

On a YTD basis, the county produced 578.96 boe/d for the company in 2020, a 39.68% 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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