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September 16, 2022

Warren American Oil records 72.34% decrease in production in May 2020

By Carmen

Warren American Oil recorded a decrease of 72.34% in total oil and gas production to 188.43 boe/d in May 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Warren American Oil declined 72.66% in May 2020 from 689.15 boe/d in May 2019.

On a YTD basis, the company’s total oil and gas production decreased by 21.34% from the same period in 2019.

The company’s oil production declined 74.56% to 161.1 bd in May 2020 from the previous month, while gas production declined by 42.86% to 0.16 mmcf/d. On a YTD basis, oil production decreased by 21.9% in 2020 when compared with the same period in 2019, while gas production declined by 13.29%. Out of the total oil and gas production in May 2020, oil production held an 85.5% share, while gas production held a 14.64% share.


Looking at the states where Warren American Oil recorded the highest oil and gas production in May 2020, Texas figured at the top, accounting for a 100% share. The company produced 139.52 boe/d in the state in May 2020, a decrease of 59.76% from the previous month.

On a YTD basis, the company produced 1,551.16 boe/d in Texas in 2020, recording a decrease of 58.92% from the same period in 2019.



Warren American Oil witnessed the highest oil and gas production in Yoakum county in May 2020. Out of all the counties, Yoakum county held a share of 55.64% for the firm. The company produced 104.85 boe/d in Yoakum county in May 2020, a decrease of 65.45% in production when compared with the previous month.

On a YTD basis, the county produced 1,326.56 boe/d for the company in 2020, a 23.53% 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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