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September 16, 2022

Vaquero Hunter records 77.95% decrease in production in May 2020

By Carmen

Vaquero Hunter recorded a decrease of 77.95% in total oil and gas production to 93.16 boe/d in May 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Vaquero Hunter declined 88.26% in May 2020 from 793.26 boe/d in May 2019.

On a YTD basis, the company’s total oil and gas production decreased by 38.97% from the same period in 2019.

The company’s oil production declined 86.14% to 49.97 bd in May 2020 from the previous month, while gas production declined by 30.56% to 0.25 mmcf/d. On a YTD basis, oil production decreased by 39.99% in 2020 when compared with the same period in 2019, while gas production declined by 26.78%. Out of the total oil and gas production in May 2020, oil production held a 53.64% share, while gas production held a 46.26% share.


Looking at the states where Vaquero Hunter recorded the highest oil and gas production in May 2020, Texas figured at the top, accounting for a 100% share. The company produced 93.16 boe/d in the state in May 2020, a decrease of 77.95% from the previous month.

On a YTD basis, the company produced 2,493.53 boe/d in Texas in 2020, recording a decrease of 38.97% from the same period in 2019.



Vaquero Hunter witnessed the highest oil and gas production in Midland county in May 2020. Out of all the counties, Midland county held a share of 56.86% for the firm. The company produced 52.97 boe/d in Midland county in May 2020, a decrease of 15.73% in production when compared with the previous month.

On a YTD basis, the county produced 1,253.29 boe/d for the company in 2020, a 41.19% 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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