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August 22, 2022

WildFire Energy I records 8.56% increase in production in April 2020

By Carmen

Wildfire Energy I recorded an increase of 8.56% in total oil and gas production to 32,648 boe/d in April 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Wildfire Energy I grew 18.25% in April 2020 from 27,609.47 boe/d in April 2019.

On a YTD basis, the company’s total oil and gas production increased by 19.05% from the same period in 2019.

The company’s oil production grew 9.39% to 27,544.48 bd in April 2020 from the previous month, while gas production up by 4.49% to 29.55 mmcf/d. On a YTD basis, oil production increased by 20.71% in 2020 when compared with the same period in 2019, while gas production rose by 11.1%. Out of the total oil and gas production in April 2020, oil production held an 84.37% share, while gas production held a 15.6% share.


Looking at the states where Wildfire Energy I recorded the highest oil and gas production in April 2020, Texas figured at the top, accounting for a 100% share. The company produced 32,648 boe/d in the state in April 2020, an increase of 8.56% from the previous month.

On a YTD basis, the company produced 1,23,007.99 boe/d in Texas in 2020, recording an increase of 19.05% from the same period in 2019.



Wildfire Energy I witnessed the highest oil and gas production in Brazos county in April 2020. Out of all the counties, Brazos county held a share of 65.28% for the firm. The company produced 21,313.15 boe/d in Brazos county in April 2020, an increase of 17.16% in production when compared with the previous month.

On a YTD basis, the county produced 72,607.62 boe/d for the company in 2020, a 33.14% increase 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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