---
title: Cinco Energy's Top 5 Monthly Metrics - May 2019
description: Read Cinco Energy's top 5 monthly metrics for May 2019.
---

[Insights from Cinco Energy Management Group ](https://insights.cincoland.com/blog)

# [Cinco Energy's Top 5 Monthly Metrics - May 2019](https://insights.cincoland.com/blog/cinco-energy-top-5-monthly-metrics-may-2019)

 Written by [Camille Nichols](https://insights.cincoland.com/blog/author/camille-nichols) | Jun 4, 2019 1:24:31 PM

<http://phoenix.corporate-ir.net/phoenix.zhtml?c=79687&p=irol-reportsother>

**451:** The Permian basin rig count, the highest onshore in the US by a wide margin. The Eagle Ford is in second place with 75 active rigs as of May 24th.

<https://blogs.wsj.com/moneybeat/2019/05/28/saudi-arabia-embraces-natural-gas-energy-journal-2/?guid=BL-MBB-71054&mod=searchresults&page=1&pos=2&dsk=y>

**20 years:** The length of time that Saudi Arabia has agreed to buy LNG from Sempra Energy as the Kingdom aims to diversify its economy beyond oil.

<http://phoenix.corporate-ir.net/phoenix.zhtml?c=79687&p=irol-reportsother>

**-7:** The rig count change in New Mexico since the beginning of May. Despite the recent decline, the statewide count is still up by 8 year over year.

<https://www.chron.com/business/energy/article/Oxy-moves-forward-on-Permian-direct-air-capture-13867251.php>

**500,000 metric tons:** The amount of carbon dioxide that Oxy’s proposed “direct air capture” plant would remove from the atmosphere each year.

<https://apnews.com/c23fb040fa404449b5c2f9fa5451e06c>

**1:** The number of commissioners serving on the Colorado Oil and Gas Conservation Commission with oil & gas experience, down from 3 after the passage of Colorado Senate Bill 181.

<https://insights.cincoland.com/blog/glossary-terms>

**ABCs:** Refresh your knowledge on the most common terms used in the land and title business with Part Two of our glossary.

 

[View full post](https://insights.cincoland.com/blog/cinco-energy-top-5-monthly-metrics-may-2019)

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