Sydri Operating recorded a decrease of 2.21% in total oil and gas production to 944.91 boe/d in April 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Sydri Operating declined 25.1% in April 2020 from 1,261.61 boe/d in April 2019.

On a YTD basis, the company’s total oil and gas production decreased by 20.04% from the same period in 2019.

The company’s oil production declined 9.04% to 238.98 bd in April 2020 from the previous month, while gas production stood at 3.98 mmcf/d. On a YTD basis, oil production decreased by 5.29% in 2020 when compared with the same period in 2019, while gas production declined by 23.84%. Out of the total oil and gas production in April 2020, oil production held a 25.29% share, while gas production held a 72.62% share.


Looking at the states where Sydri Operating recorded the highest oil and gas production in April 2020, Texas figured at the top, accounting for a 100% share. The company produced 944.91 boe/d in the state in April 2020, a decrease of 2.21% from the previous month.

On a YTD basis, the company produced 4,040.29 boe/d in Texas in 2020, recording a decrease of 20.04% from the same period in 2019.



Sydri Operating witnessed the highest oil and gas production in Rusk county in April 2020. Out of all the counties, Rusk county held a share of 24.62% for the firm. The company produced 232.59 boe/d in Rusk county in April 2020, an increase of 4.6% in production when compared with the previous month.

On a YTD basis, the county produced 961.76 boe/d for the company in 2020, a 35.24% 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.