Medora Minerals recorded an increase of 79.81% in total oil and gas production to 252.69 boe/d in July 2020 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Medora Minerals grew 0.83% in July 2020 from 250.62 boe/d in July 2019.
On a YTD basis, the company’s total oil and gas production decreased by 31.04% from the same period in 2019.
The company’s oil production grew 80.84% to 251.06 bd in July 2020 from the previous month, while gas production stood at 0.01 mmcf/d. On a YTD basis, oil production decreased by 30.92% in 2020 when compared with the same period in 2019, while gas production declined by 42.86%. Out of the total oil and gas production in July 2020, oil production held a 99.35% share, while gas production held a 0.68% share.
Looking at the states where Medora Minerals recorded the highest oil and gas production in July 2020, North Dakota figured at the top, accounting for a 100% share. The company produced 252.69 boe/d in the state in July 2020, an increase of 79.81% from the previous month.
On a YTD basis, the company produced 1,099.17 boe/d in North Dakota in 2020, recording a decrease of 31.04% from the same period in 2019.
Medora Minerals witnessed the highest oil and gas production in Billings county in July 2020. Out of all the counties, Billings county held a share of 85.05% for the firm. The company produced 214.92 boe/d in Billings county in July 2020, an increase of 83.61% in production when compared with the previous month.
On a YTD basis, the county produced 868.89 boe/d for the company in 2020, a 35.3% 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.
