Wapiti Operating, recorded a decrease of 0.16% in total oil and gas production to 16,593.48 boe/d in June 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Wapiti Operating, declined 14.39% in June 2020 from 19,382.97 boe/d in June 2019.

On a YTD basis, the company’s total oil and gas production decreased by 17.48% from the same period in 2019.

The company’s oil production grew 6.17% to 300.97 bd in June 2020 from the previous month, while gas production declined by 0.26% to 94.5 mmcf/d. On a YTD basis, oil production decreased by 37.18% in 2020 when compared with the same period in 2019, while gas production declined by 16.93%. Out of the total oil and gas production in June 2020, oil production held a 1.81% share, while gas production held a 98.19% share.


Looking at the states where Wapiti Operating, recorded the highest oil and gas production in June 2020, New Mexico figured at the top, accounting for a 1.88% share. The company produced 7,291.73 boe/d in the state in June 2020, a decrease of 0.11% from the previous month.

On a YTD basis, the company produced 44,563 boe/d in New Mexico in 2020, recording a decrease of 63.65% from the same period in 2019.



Wapiti Operating, witnessed the highest oil and gas production in Colfax county in June 2020. Out of all the counties, Colfax county held a share of 43.94% for the firm. The company produced 7,291.73 boe/d in Colfax county in June 2020, a decrease of 0.11% in production when compared with the previous month.

On a YTD basis, the county produced 44,563 boe/d for the company in 2020, a 7.96% 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.