Three R Oil recorded an increase of 30.38% in total oil and gas production to 232.12 boe/d in June 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Three R Oil declined 2.03% in June 2020 from 236.94 boe/d in June 2019.

On a YTD basis, the company’s total oil and gas production decreased by 11.27% from the same period in 2019.

The company’s oil production grew 30.38% to 232.12 bd in June 2020 from the previous month. On a YTD basis, oil production decreased by 11.27% in 2020 when compared with the same period in 2019. Out of the total oil and gas production in June 2020, oil production held a 100% share.


Looking at the states where Three R Oil recorded the highest oil and gas production in June 2020, Texas figured at the top, accounting for a 100% share. The company produced 232.12 boe/d in the state in June 2020, an increase of 30.38% from the previous month.

On a YTD basis, the company produced 1,309.09 boe/d in Texas in 2020, recording a decrease of 11.27% from the same period in 2019.



Three R Oil witnessed the highest oil and gas production in Garza county in June 2020. Out of all the counties, Garza county held a share of 90.04% for the firm. The company produced 208.99 boe/d in Garza county in June 2020, an increase of 24.76% in production when compared with the previous month.

On a YTD basis, the county produced 1,182.04 boe/d for the company in 2020, a 9.21% decrease 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.