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September 16, 2022

White Knight Production records 20.12% decrease in production in May 2020

By Carmen

White Knight Production recorded a decrease of 20.12% in total oil and gas production to 1,341.26 boe/d in May 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of White Knight Production declined 37.55% in May 2020 from 2,147.74 boe/d in May 2019.

On a YTD basis, the company’s total oil and gas production decreased by 17.62% from the same period in 2019.

The company’s oil production declined 18.97% to 329.26 bd in May 2020 from the previous month, while gas production declined by 19.89% to 5.72 mmcf/d. On a YTD basis, oil production decreased by 23.59% in 2020 when compared with the same period in 2019, while gas production declined by 14.73%. Out of the total oil and gas production in May 2020, oil production held a 24.55% share, while gas production held a 73.53% share.


Looking at the states where White Knight Production recorded the highest oil and gas production in May 2020, Texas figured at the top, accounting for a 100% share. The company produced 1,341.26 boe/d in the state in May 2020, a decrease of 20.12% from the previous month.

On a YTD basis, the company produced 8,586.46 boe/d in Texas in 2020, recording a decrease of 17.62% from the same period in 2019.



White Knight Production witnessed the highest oil and gas production in Jack county in May 2020. Out of all the counties, Jack county held a share of 85.62% for the firm. The company produced 1,148.32 boe/d in Jack county in May 2020, a decrease of 19.09% in production when compared with the previous month.

On a YTD basis, the county produced 7,255.18 boe/d for the company in 2020, a 16.47% 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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