W&T Offshore recorded a decrease of 5.04% in total oil and gas production to 22,796.2 boe/d in May 2020 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of W&T Offshore declined 11.56% in May 2020 from 25,775.19 boe/d in May 2019.
On a YTD basis, the company’s total oil and gas production decreased by 8.39% from the same period in 2019.
The company’s oil production grew 67.32% to 47.15 bd in May 2020 from the previous month, while gas production declined by 5.13% to 131.94 mmcf/d. On a YTD basis, oil production increased by 12.32% in 2020 when compared with the same period in 2019, while gas production declined by 8.35%. Out of the total oil and gas production in May 2020, oil production held a 0.21% share, while gas production held a 99.79% share.
Looking at the states where W&T Offshore recorded the highest oil and gas production in May 2020, Alabama figured at the top, accounting for a 1.29% share. The company produced 22,506.79 boe/d in the state in May 2020, a decrease of 4.89% from the previous month.
On a YTD basis, the company produced 1,18,615.88 boe/d in Alabama in 2020, recording a decrease of 9.67% from the same period in 2019.
W&T Offshore witnessed the highest oil and gas production in Baldwin county in May 2020. Out of all the counties, Baldwin county held a share of 57.03% for the firm. The company produced 12,999.85 boe/d in Baldwin county in May 2020, a decrease of 5.65% in production when compared with the previous month.
On a YTD basis, the county produced 70,845.15 boe/d for the company in 2020, a 6.66% 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.