Wapiti Operating recorded a decrease of 3.22% in total oil and gas production to 16,523.19 boe/d in March 2020 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Wapiti Operating declined 14.25% in March 2020 from 19,269.96 boe/d in March 2019.
On a YTD basis, the company’s total oil and gas production decreased by 15.09% from the same period in 2019.
The company’s oil production declined 0.56% to 291.06 bd in March 2020 from the previous month, while gas production declined by 3.27% to 94.15 mmcf/d. On a YTD basis, oil production decreased by 29.19% in 2020 when compared with the same period in 2019, while gas production declined by 14.79%. Out of the total oil and gas production in March 2020, oil production held a 1.76% share, while gas production held a 98.24% share.
Looking at the states where Wapiti Operating recorded the highest oil and gas production in March 2020, New Mexico figured at the top, accounting for a 2.75% share. The company produced 7,389.76 boe/d in the state in March 2020, a decrease of 4.06% from the previous month.
On a YTD basis, the company produced 22,658.38 boe/d in New Mexico in 2020, recording a decrease of 61.82% from the same period in 2019.
Wapiti Operating witnessed the highest oil and gas production in Colfax county in March 2020. Out of all the counties, Colfax county held a share of 44.72% for the firm. The company produced 7,389.76 boe/d in Colfax county in March 2020, a decrease of 4.06% in production when compared with the previous month.
On a YTD basis, the county produced 22,658.38 boe/d for the company in 2020, a 7.12% decrease 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.