Cinco Energy's Top 5 Monthly Metrics - August 2023

What were the most interesting data points in the energy industry last month?

Find out in our latest edition of CINCO's Monthly Metrics.

10.6: The average monthly production (in MMB/D) forecasted in the L48 in the second half of this year. 

223,000: The Permian Basin net acres that Permian Resources Corp. will acquire from Earthstone Energy in a transaction valued at approximately $4.5 billion.

40.4%: The share of US power generated by natural gas YTD, up from 36% in the same period last year.

632: The US rig count as of August 25th, lower by 133 compared to one year ago.