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August 19, 2022

U. D. Man records 10.78% decrease in production in April 2020

By Carmen

U. D. Man recorded a decrease of 10.78% in total oil and gas production to 193.05 boe/d in April 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of U. D. Man declined 16.27% in April 2020 from 230.55 boe/d in April 2019.

On a YTD basis, the company’s total oil and gas production decreased by 7.28% from the same period in 2019.

The company’s oil production declined 66.15% to 9.63 bd in April 2020 from the previous month, while gas production declined by 2.75% to 1.06 mmcf/d. On a YTD basis, oil production decreased by 25.56% in 2020 when compared with the same period in 2019, while gas production declined by 3.77%. Out of the total oil and gas production in April 2020, oil production held a 4.99% share, while gas production held a 94.66% share.


Looking at the states where U. D. Man recorded the highest oil and gas production in April 2020, Louisiana figured at the top, accounting for a 100% share. The company produced 193.05 boe/d in the state in April 2020, a decrease of 10.78% from the previous month.

On a YTD basis, the company produced 854.91 boe/d in Louisiana in 2020, recording a decrease of 7.28% from the same period in 2019.



U. D. Man witnessed the highest oil and gas production in Calcasieu county in April 2020. Out of all the counties, Calcasieu county held a share of 100% for the firm. The company produced 193.05 boe/d in Calcasieu county in April 2020, a decrease of 8.47% in production when compared with the previous month.

On a YTD basis, the county produced 846.56 boe/d for the company in 2020, a 7.54% 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.

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