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August 22, 2022

Wrc Energy records 15.41% decrease in production in April 2020

By Carmen

Wrc Energy recorded a decrease of 15.41% in total oil and gas production to 4,067.84 boe/d in April 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Wrc Energy grew 30.97% in April 2020 from 3,105.92 boe/d in April 2019.

On a YTD basis, the company’s total oil and gas production increased by 66.23% from the same period in 2019.

The company’s oil production declined 18.57% to 2,337.57 bd in April 2020 from the previous month, while gas production declined by 10.68% to 10.04 mmcf/d. On a YTD basis, oil production increased by 86.88% in 2020 when compared with the same period in 2019, while gas production rose by 41.68%. Out of the total oil and gas production in April 2020, oil production held a 57.46% share, while gas production held a 42.55% share.


Looking at the states where Wrc Energy recorded the highest oil and gas production in April 2020, Wyoming figured at the top, accounting for a 100% share. The company produced 4,067.84 boe/d in the state in April 2020, a decrease of 15.41% from the previous month.

On a YTD basis, the company produced 20,161.83 boe/d in Wyoming in 2020, recording an increase of 66.23% from the same period in 2019.



Wrc Energy witnessed the highest oil and gas production in Converse county in April 2020. Out of all the counties, Converse county held a share of 52.35% for the firm. The company produced 2,129.54 boe/d in Converse county in April 2020, a decrease of 16.64% in production when compared with the previous month.

On a YTD basis, the county produced 10,834.12 boe/d for the company in 2020, a 7% 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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