Toklan Oil & Gas recorded an increase of 77.92% in total oil and gas production to 900.2 boe/d in June 2020 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Toklan Oil & Gas declined 8.6% in June 2020 from 984.91 boe/d in June 2019.
On a YTD basis, the company’s total oil and gas production decreased by 31.88% from the same period in 2019.
The company’s oil production grew 1355.63% to 490.11 bd in June 2020 from the previous month, while gas production declined by 13.19% to 2.37 mmcf/d. On a YTD basis, oil production decreased by 45.39% in 2020 when compared with the same period in 2019, while gas production declined by 23.36%. Out of the total oil and gas production in June 2020, oil production held a 54.44% share, while gas production held a 45.39% share.
Looking at the states where Toklan Oil & Gas recorded the highest oil and gas production in June 2020, Oklahoma figured at the top, accounting for an 8.08% share. The company produced 832.87 boe/d in the state in June 2020, an increase of 114.88% from the previous month.
On a YTD basis, the company produced 3,620.21 boe/d in Oklahoma in 2020, recording a decrease of 44.25% from the same period in 2019.
Toklan Oil & Gas witnessed the highest oil and gas production in Custer county in June 2020. Out of all the counties, Custer county held a share of 85.69% for the firm. The company produced 771.37 boe/d in Custer county in June 2020, an increase of 118.67% in production when compared with the previous month.
On a YTD basis, the county produced 3,308.29 boe/d for the company in 2020, a 30.93% decrease 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.