Encino Operating recorded an increase of 21.36% in total oil and gas production to 494.96 boe/d in April 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Encino Operating declined 48.03% in April 2020 from 952.4 boe/d in April 2019.

On a YTD basis, the company’s total oil and gas production decreased by 43.84% from the same period in 2019.

The company’s oil production grew 314.9% to 76.84 bd in April 2020 from the previous month, while gas production up by 7.08% to 2.42 mmcf/d. On a YTD basis, oil production decreased by 48.32% in 2020 when compared with the same period in 2019, while gas production declined by 42.45%. Out of the total oil and gas production in April 2020, oil production held a 15.52% share, while gas production held an 84.3% share.


Looking at the states where Encino Operating recorded the highest oil and gas production in April 2020, Oklahoma figured at the top, accounting for a 10.38% share. The company produced 448.42 boe/d in the state in April 2020, an increase of 16.01% from the previous month.

On a YTD basis, the company produced 2,007.43 boe/d in Oklahoma in 2020, recording a decrease of 47.59% from the same period in 2019.



Encino Operating witnessed the highest oil and gas production in Dewey county in April 2020. Out of all the counties, Dewey county held a share of 38.11% for the firm. The company produced 188.64 boe/d in Dewey county in April 2020, an increase of 9.59% in production when compared with the previous month.

On a YTD basis, the county produced 780.43 boe/d for the company in 2020, a 41.23% 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.