Coleman Oil & Gas recorded a decrease of 3.04% in total oil and gas production to 1,345.1 boe/d in May 2020 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Coleman Oil & Gas declined 20.16% in May 2020 from 1,684.79 boe/d in May 2019.
On a YTD basis, the company’s total oil and gas production decreased by 16.06% from the same period in 2019.
The company’s oil production declined 45.24% to 2.36 bd in May 2020 from the previous month, while gas production declined by 2.87% to 7.79 mmcf/d. On a YTD basis, oil production increased by 10.34% in 2020 when compared with the same period in 2019, while gas production declined by 16.12%. Out of the total oil and gas production in May 2020, oil production held a 0.18% share, while gas production held a 99.85% share.
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Looking at the states where Coleman Oil & Gas recorded the highest oil and gas production in May 2020, Colorado figured at the top. The company produced 1,175.34 boe/d in the state in May 2020, a decrease of 2.32% from the previous month.
On a YTD basis, the company produced 6,024.62 boe/d in Colorado in 2020, recording a decrease of 27.91% from the same period in 2019.
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Coleman Oil & Gas witnessed the highest oil and gas production in La Plata county in May 2020. Out of all the counties, La Plata county held a share of 87.38% for the firm. The company produced 1,175.34 boe/d in La Plata county in May 2020, a decrease of 2.32% in production when compared with the previous month.
On a YTD basis, the county produced 6,024.62 boe/d for the company in 2020, a 16.94% decrease from the same period in 2019.
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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.
The post Coleman Oil & Gas records 3.04% decrease in production in May 2020 appeared first on Offshore Technology.
