ELK Operating Services recorded a decrease of 13.73% in total oil and gas production to 10,570.55 boe/d in May 2020 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of ELK Operating Services declined 22.25% in May 2020 from 13,594.76 boe/d in May 2019.
On a YTD basis, the company’s total oil and gas production decreased by 8.04% from the same period in 2019.
The company’s oil production declined 11.84% to 7,536.68 bd in May 2020 from the previous month, while gas production declined by 18.06% to 17.6 mmcf/d. On a YTD basis, oil production decreased by 10.2% in 2020 when compared with the same period in 2019, while gas production declined by 2.24%. Out of the total oil and gas production in May 2020, oil production held a 71.3% share, while gas production held a 28.71% share.
Looking at the states where ELK Operating Services recorded the highest oil and gas production in May 2020, Utah figured at the top, accounting for a 100% share. The company produced 10,570.55 boe/d in the state in May 2020, a decrease of 13.73% from the previous month.
On a YTD basis, the company produced 62,263.52 boe/d in Utah in 2020, recording a decrease of 8.04% from the same period in 2019.
ELK Operating Services witnessed the highest oil and gas production in San Juan county in May 2020. Out of all the counties, San Juan county held a share of 100% for the firm. The company produced 10,570.55 boe/d in San Juan county in May 2020, a decrease of 13.73% in production when compared with the previous month.
On a YTD basis, the county produced 62,263.52 boe/d for the company in 2020, an 8.04% 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.