Cactus Feeders, recorded an increase of 26.14% in total oil and gas production to 425.62 boe/d in May 2020 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Cactus Feeders, declined 53.07% in May 2020 from 906.95 boe/d in May 2019.
On a YTD basis, the company’s total oil and gas production decreased by 39.03% from the same period in 2019.
The company’s oil production declined 86.26% to 11.61 bd in May 2020 from the previous month, while gas production up by 63.27% to 2.4 mmcf/d. On a YTD basis, oil production increased by 0.74% in 2020 when compared with the same period in 2019, while gas production declined by 41.4%. Out of the total oil and gas production in May 2020, oil production held a 2.73% share, while gas production held a 97.22% share.
Looking at the states where Cactus Feeders, recorded the highest oil and gas production in May 2020, Oklahoma figured at the top, accounting for a 5.59% share. The company produced 403.09 boe/d in the state in May 2020, an increase of 29.18% from the previous month.
On a YTD basis, the company produced 2,776.72 boe/d in Oklahoma in 2020, recording a decrease of 42.17% from the same period in 2019.
Cactus Feeders, witnessed the highest oil and gas production in Coal county in May 2020. Out of all the counties, Coal county held a share of 94.71% for the firm. The company produced 403.09 boe/d in Coal county in May 2020, an increase of 29.18% in production when compared with the previous month.
On a YTD basis, the county produced 2,776.72 boe/d for the company in 2020, a 40.08% 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.