Signal recorded an increase of 1581.55% in total oil and gas production to 219.61 boe/d in June 2020 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Signal declined 63.26% in June 2020 from 597.72 boe/d in June 2019.
On a YTD basis, the company’s total oil and gas production decreased by 61.07% from the same period in 2019.
The company’s oil production grew 1257.35% to 177.27 bd in June 2020 from the previous month, while gas production stood at 0.25 mmcf/d. On a YTD basis, oil production decreased by 52.15% in 2020 when compared with the same period in 2019, while gas production declined by 81.68%. Out of the total oil and gas production in June 2020, oil production held an 80.72% share, while gas production held a 19.63% share.
Looking at the states where Signal recorded the highest oil and gas production in June 2020, Mississippi figured at the top, accounting for a 100% share. The company produced 219.61 boe/d in the state in June 2020, an increase of 1581.55% from the previous month.
On a YTD basis, the company produced 1,321.37 boe/d in Mississippi in 2020, recording a decrease of 61.07% from the same period in 2019.
Signal witnessed the highest oil and gas production in Wilkinson county in June 2020. Out of all the counties, Wilkinson county held a share of 82.18% for the firm. The company produced 180.48 boe/d in Wilkinson county in June 2020, an increase of 19100% in production when compared with the previous month.
On a YTD basis, the county produced 954.2 boe/d for the company in 2020, a 45.23% decrease 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.