Lamar Oil & Gas recorded a decrease of 0.02% in total oil and gas production to 568.32 boe/d in April 2020 when compared with the previous month, according to GlobalData ’s USL48 database.
The oil and gas production of Lamar Oil & Gas declined 0.5% in April 2020 from 571.2 boe/d in April 2019.
On a YTD basis, the company’s total oil and gas production increased by 8.85% from the same period in 2019.
The company’s oil production grew 89.87% to 49.5 bd in April 2020 from the previous month, while gas production declined by 4.14% to 2.55 mmcf/d. On a YTD basis, oil production decreased by 17.17% in 2020 when compared with the same period in 2019, while gas production rose by 12.15%. Out of the total oil and gas production in April 2020, oil production held an 8.71% share, while gas production held a 77.36% share.
Looking at the states where Lamar Oil & Gas recorded the highest oil and gas production in April 2020, Texas figured at the top, accounting for a 1.79% share. The company produced 558.34 boe/d in the state in April 2020, an increase of 0.12% from the previous month.
On a YTD basis, the company produced 2,406.65 boe/d in Texas in 2020, recording an increase of 6.87% from the same period in 2019.
Lamar Oil & Gas witnessed the highest oil and gas production in Aransas county in April 2020. Out of all the counties, Aransas county held a share of 79.63% for the firm. The company produced 452.58 boe/d in Aransas county in April 2020, a decrease of 7.11% in production when compared with the previous month.
On a YTD basis, the county produced 2,029.02 boe/d for the company in 2020, a 36.64% increase 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.