Wagner Oil recorded a decrease of 2.21% in total oil and gas production to 4,167.65 boe/d in June 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Wagner Oil declined 8.67% in June 2020 from 4,563.28 boe/d in June 2019.

On a YTD basis, the company’s total oil and gas production decreased by 6.8% from the same period in 2019.

The company’s oil production declined 1.44% to 370.21 bd in June 2020 from the previous month, while gas production declined by 2.13% to 19.75 mmcf/d. On a YTD basis, oil production decreased by 16.18% in 2020 when compared with the same period in 2019, while gas production declined by 7.65%. Out of the total oil and gas production in June 2020, oil production held an 8.88% share, while gas production held an 81.7% share.


Looking at the states where Wagner Oil recorded the highest oil and gas production in June 2020, Texas figured at the top, accounting for a 100% share. The company produced 3,850.65 boe/d in the state in June 2020, a decrease of 2.28% from the previous month.

On a YTD basis, the company produced 24,720.28 boe/d in Texas in 2020, recording a decrease of 14.19% from the same period in 2019.



Wagner Oil witnessed the highest oil and gas production in Starr county in June 2020. Out of all the counties, Starr county held a share of 24.64% for the firm. The company produced 1,026.98 boe/d in Starr county in June 2020, a decrease of 2.27% in production when compared with the previous month.

On a YTD basis, the county produced 6,475.67 boe/d for the company in 2020, a 19.75% 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.