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July 19, 2022

Silver Hill Energy Operating records 18.03% decrease in production in March 2020

By Carmen

Silver Hill Energy Operating recorded a decrease of 18.03% in total oil and gas production to 6,080.88 boe/d in March 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Silver Hill Energy Operating grew 222.8% in March 2020 from 1,883.77 boe/d in March 2019.

On a YTD basis, the company’s total oil and gas production increased by 600.65% from the same period in 2019.

The company’s gas production declined by 18.06% to 35.26 mmcf/d in March 2020 from the previous month. On a YTD basis, gas production rose by 600.73% in 2020 when compared with the same period in 2019. Out of the total oil and gas production in March 2020, gas production held a 99.97% share.


Looking at the states where Silver Hill Energy Operating recorded the highest oil and gas production in March 2020, Texas figured at the top, accounting for a 100% share. The company produced 6,080.88 boe/d in the state in March 2020, a decrease of 18.03% from the previous month.

On a YTD basis, the company produced 21,446.63 boe/d in Texas in 2020, recording an increase of 600.65% from the same period in 2019.



Silver Hill Energy Operating witnessed the highest oil and gas production in Panola county in March 2020. Out of all the counties, Panola county held a share of 42.18% for the firm. The company produced 2,564.96 boe/d in Panola county in March 2020, a decrease of 19.19% in production when compared with the previous month.

On a YTD basis, the county produced 9,187.6 boe/d for the company in 2020, a 36373.2% 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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