Titan Exploration recorded an increase of 57.86% in total oil and gas production to 1,650.92 boe/d in May 2020 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Titan Exploration grew 63.55% in May 2020 from 1,009.43 boe/d in May 2019.
On a YTD basis, the company’s total oil and gas production increased by 172.34% from the same period in 2019.
The company’s oil production grew 80.82% to 1,292.74 bd in May 2020 from the previous month, while gas production up by 8.33% to 2.08 mmcf/d. On a YTD basis, oil production increased by 221.98% in 2020 when compared with the same period in 2019, while gas production rose by 96.95%. Out of the total oil and gas production in May 2020, oil production held a 78.3% share, while gas production held a 21.72% share.
Looking at the states where Titan Exploration recorded the highest oil and gas production in May 2020, Wyoming figured at the top, accounting for a 100% share. The company produced 1,650.92 boe/d in the state in May 2020, an increase of 57.86% from the previous month.
On a YTD basis, the company produced 12,432.83 boe/d in Wyoming in 2020, recording an increase of 172.34% from the same period in 2019.
Titan Exploration witnessed the highest oil and gas production in Converse county in May 2020. Out of all the counties, Converse county held a share of 55.91% for the firm. The company produced 923.06 boe/d in Converse county in May 2020, an increase of 47.74% in production when compared with the previous month.
On a YTD basis, the county produced 7,436.49 boe/d for the company in 2020, a 1378.96% 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.