Signal recorded a decrease of 15.96% in total oil and gas production to 327.06 boe/d in March 2020 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Signal declined 33.89% in March 2020 from 494.69 boe/d in March 2019.
On a YTD basis, the company’s total oil and gas production decreased by 27.23% from the same period in 2019.
The company’s oil production declined 14.98% to 284 bd in March 2020 from the previous month, while gas production declined by 21.88% to 0.25 mmcf/d. On a YTD basis, oil production decreased by 5.04% in 2020 when compared with the same period in 2019, while gas production declined by 71.53%. Out of the total oil and gas production in March 2020, oil production held an 86.83% share, while gas production held a 13.18% share.
Looking at the states where Signal recorded the highest oil and gas production in March 2020, Mississippi figured at the top, accounting for a 100% share. The company produced 327.06 boe/d in the state in March 2020, a decrease of 15.96% from the previous month.
On a YTD basis, the company produced 1,056.87 boe/d in Mississippi in 2020, recording a decrease of 27.23% from the same period in 2019.
Signal witnessed the highest oil and gas production in Wilkinson county in March 2020. Out of all the counties, Wilkinson county held a share of 68.27% for the firm. The company produced 223.3 boe/d in Wilkinson county in March 2020, a decrease of 25.22% in production when compared with the previous month.
On a YTD basis, the county produced 766.16 boe/d for the company in 2020, a 17.36% 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.