Whitehead Resources recorded a decrease of 31.53% in total oil and gas production to 354.59 boe/d in April 2020 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Whitehead Resources declined 8.07% in April 2020 from 385.73 boe/d in April 2019.
On a YTD basis, the company’s total oil and gas production decreased by 4.76% from the same period in 2019.
The company’s oil production declined 10.03% to 255.9 bd in April 2020 from the previous month, while gas production declined by 57.78% to 0.57 mmcf/d. On a YTD basis, oil production decreased by 22.26% in 2020 when compared with the same period in 2019, while gas production rose by 202.74%. Out of the total oil and gas production in April 2020, oil production held a 72.17% share, while gas production held a 27.71% share.
Looking at the states where Whitehead Resources recorded the highest oil and gas production in April 2020, Texas figured at the top, accounting for a 100% share. The company produced 354.59 boe/d in the state in April 2020, a decrease of 31.53% from the previous month.
On a YTD basis, the company produced 1,452.91 boe/d in Texas in 2020, recording a decrease of 4.76% from the same period in 2019.
Whitehead Resources witnessed the highest oil and gas production in Hardin county in April 2020. Out of all the counties, Hardin county held a share of 56.66% for the firm. The company produced 200.92 boe/d in Hardin county in April 2020, a decrease of 15.06% in production when compared with the previous month.
On a YTD basis, the county produced 907.78 boe/d for the company in 2020, a 32.17% 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.