Whitehead Resources recorded an increase of 61.48% in total oil and gas production to 551.53 boe/d in March 2020 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Whitehead Resources grew 33.68% in March 2020 from 412.56 boe/d in March 2019.
On a YTD basis, the company’s total oil and gas production increased by 2.38% from the same period in 2019.
The company’s oil production grew 6.41% to 284.42 bd in March 2020 from the previous month, while gas production up by 260.47% to 1.55 mmcf/d. On a YTD basis, oil production decreased by 22.08% in 2020 when compared with the same period in 2019, while gas production rose by 211.11%. Out of the total oil and gas production in March 2020, oil production held a 51.57% share, while gas production held a 48.45% share.
Looking at the states where Whitehead Resources recorded the highest oil and gas production in March 2020, Texas figured at the top, accounting for a 100% share. The company produced 551.53 boe/d in the state in March 2020, an increase of 61.48% from the previous month.
On a YTD basis, the company produced 1,202.72 boe/d in Texas in 2020, recording an increase of 2.38% from the same period in 2019.
Whitehead Resources witnessed the highest oil and gas production in Jasper county in March 2020. Out of all the counties, Jasper county held a share of 56.28% for the firm. The company produced 310.39 boe/d in Jasper county in March 2020, an increase of 234.15% in production when compared with the previous month.
On a YTD basis, the county produced 706.86 boe/d for the company in 2020, a 29.04% 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.