Tug Hill Operating recorded an increase of 5.6% in total oil and gas production to 1,12,708.15 boe/d in June 2020 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of TUG Hill Operating grew 117.19% in June 2020 from 51,894.75 boe/d in June 2019.
On a YTD basis, the company’s total oil and gas production increased by 292.8% from the same period in 2019.
The company’s oil production grew 40.05% to 3,644.13 bd in June 2020 from the previous month, while gas production up by 1.88% to 500.24 mmcf/d. On a YTD basis, oil production increased by 93.4% in 2020 when compared with the same period in 2019, while gas production rose by 324.88%. Out of the total oil and gas production in June 2020, oil production held a 3.23% share, while gas production held a 76.52% share.
Looking at the states where TUG Hill Operating recorded the highest oil and gas production in June 2020, West Virginia figured at the top, accounting for a 100% share. The company produced 1,12,708.15 boe/d in the state in June 2020, an increase of 5.6% from the previous month.
On a YTD basis, the company produced 7,55,486.71 boe/d in West Virginia in 2020, recording an increase of 292.8% from the same period in 2019.
TUG Hill Operating witnessed the highest oil and gas production in Marshall county in June 2020. Out of all the counties, Marshall county held a share of 100% for the firm. The company produced 1,12,708.15 boe/d in Marshall county in June 2020, an increase of 5.6% in production when compared with the previous month.
On a YTD basis, the county produced 7,55,486.71 boe/d for the company in 2020, a 292.8% 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.