Tarpon Oil & Gas recorded an increase of 43.02% in total oil and gas production to 241.56 boe/d in June 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Tarpon Oil & Gas grew 47.07% in June 2020 from 164.25 boe/d in June 2019.

On a YTD basis, the company’s total oil and gas production increased by 44.14% from the same period in 2019.

The company’s oil production grew 53.64% to 170.1 bd in June 2020 from the previous month, while gas production up by 15.63% to 0.37 mmcf/d. On a YTD basis, oil production increased by 214.73% in 2020 when compared with the same period in 2019, while gas production declined by 32.56%. Out of the total oil and gas production in June 2020, oil production held a 70.42% share, while gas production held a 26.41% share.


Looking at the states where Tarpon Oil & Gas recorded the highest oil and gas production in June 2020, Texas figured at the top, accounting for a 100% share. The company produced 241.56 boe/d in the state in June 2020, an increase of 43.02% from the previous month.

On a YTD basis, the company produced 1,462.55 boe/d in Texas in 2020, recording an increase of 44.14% from the same period in 2019.



Tarpon Oil & Gas witnessed the highest oil and gas production in Jack county in June 2020. Out of all the counties, Jack county held a share of 51.45% for the firm. The company produced 124.28 boe/d in Jack county in June 2020, an increase of 4.99% in production when compared with the previous month.

On a YTD basis, the county produced 694.89 boe/d for the company in 2020, a 1030.27% 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.