Zachry Exploration recorded an increase of 6.36% in total oil and gas production to 480.25 boe/d in March 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Zachry Exploration declined 11.72% in March 2020 from 543.98 boe/d in March 2019.

On a YTD basis, the company’s total oil and gas production decreased by 25.08% from the same period in 2019.

The company’s oil production declined 8.83% to 80.1 bd in March 2020 from the previous month, while gas production up by 9.95% to 2.21 mmcf/d. On a YTD basis, oil production increased by 24.82% in 2020 when compared with the same period in 2019, while gas production declined by 30.62%. Out of the total oil and gas production in March 2020, oil production held a 16.68% share, while gas production held a 79.34% share.


Looking at the states where Zachry Exploration recorded the highest oil and gas production in March 2020, Texas figured at the top, accounting for a 100% share. The company produced 480.25 boe/d in the state in March 2020, an increase of 6.36% from the previous month.

On a YTD basis, the company produced 1,432.1 boe/d in Texas in 2020, recording a decrease of 25.08% from the same period in 2019.



Zachry Exploration witnessed the highest oil and gas production in Lavaca county in March 2020. Out of all the counties, Lavaca county held a share of 48.75% for the firm. The company produced 234.12 boe/d in Lavaca county in March 2020, an increase of 17.37% in production when compared with the previous month.

On a YTD basis, the county produced 675.84 boe/d for the company in 2020, a 34.18% decrease 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.