Bridwell Oil recorded a decrease of 20.33% in total oil and gas production to 901.79 boe/d in May 2020 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Bridwell Oil declined 23.56% in May 2020 from 1,179.68 boe/d in May 2019.
On a YTD basis, the company’s total oil and gas production decreased by 7.13% from the same period in 2019.
The company’s oil production declined 24.6% to 692.83 bd in May 2020 from the previous month, while gas production declined by 1.65% to 1.19 mmcf/d. On a YTD basis, oil production decreased by 13.62% in 2020 when compared with the same period in 2019, while gas production rose by 25.77%. Out of the total oil and gas production in May 2020, oil production held a 76.83% share, while gas production held a 22.75% share.
Looking at the states where Bridwell Oil recorded the highest oil and gas production in May 2020, Texas figured at the top, accounting for a 100% share. The company produced 869.94 boe/d in the state in May 2020, a decrease of 20.11% from the previous month.
On a YTD basis, the company produced 5,483.15 boe/d in Texas in 2020, recording a decrease of 10.38% from the same period in 2019.
Bridwell Oil witnessed the highest oil and gas production in CLAY county in May 2020. Out of all the counties, CLAY county held a share of 21.07% for the firm. The company produced 190 boe/d in CLAY county in May 2020, a decrease of 21.17% in production when compared with the previous month.
On a YTD basis, the county produced 1,205.66 boe/d for the company in 2020, a 28.66% 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.