---
title: Cinco Energy's Top 5 Monthly Metrics - February 2022
description: Our monthly metrics for February 2022. See what Cinco Energy is tracking as the most popular metrics in the oil and gas industry.
image: https://insights.cincoland.com/hubfs/February%202022/306%20(6).png
---

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# Cinco Energy's Top 5 Monthly Metrics - February 2022

![Cinco Energy's Top 5 Monthly Metrics - February 2022](https://f.hubspotusercontent20.net/hubfs/2962170/February%202022/306%20%286%29.png) ![Cinco Energy's Top 5 Monthly Metrics - February 2022](https://insights.cincoland.com/hs-fs/hubfs/February%202022/306%20(6).png?width=400&height=200&name=306%20(6).png)

By [Camille Nichols](https://insights.cincoland.com/blog/author/camille-nichols) • February 28, 2022

 

[![February 2022 rig count](https://insights.cincoland.com/hs-fs/hubfs/February%202022/306%20(6).png?width=650&name=306%20(6).png)](https://rigcount.bakerhughes.com/na-rig-count)

[306](https://rigcount.bakerhughes.com/na-rig-count): The number of active rigs in the Permian Basin, up from 204 one year ago.

[![projected increase in us crude oil](https://insights.cincoland.com/hs-fs/hubfs/February%202022/306%20(7).png?width=650&name=306%20(7).png)](https://www.eia.gov/todayinenergy/detail.php?id=51318)

[760,000 b/d](https://www.eia.gov/todayinenergy/detail.php?id=51318): The projected increase in US crude oil production for 2022 compared to 2021, according to the EIA.

[![5% shale production growth limit](https://insights.cincoland.com/hs-fs/hubfs/February%202022/306%20(10).png?width=650&name=306%20(10).png)](https://www.rigzone.com/news/wire/shale_giants_swear_they_wont_drill_more-18-feb-2022-167981-article/)

[5%](https://www.rigzone.com/news/wire/shale_giants_swear_they_wont_drill_more-18-feb-2022-167981-article/) The production growth limit for 2022 pledged by independent shale producers Pioneer Natural Resources, Devon Energy and Continental Resources.

[![texas leader in renewable energy](https://insights.cincoland.com/hs-fs/hubfs/February%202022/306%20(9).png?width=650&name=306%20(9).png)](https://www.cnbc.com/2022/02/18/texas-led-the-country-in-new-renewable-energy-projects-last-year.html)

[7,352 MW](https://www.cnbc.com/2022/02/18/texas-led-the-country-in-new-renewable-energy-projects-last-year.html): The amount of new wind, solar and energy installation projects in Texas over the last year, making the state the leader in new renewable projects in the US.

[![us largest lng exporter to us](https://insights.cincoland.com/hs-fs/hubfs/February%202022/306%20(11).png?width=650&name=306%20(11).png)](https://www.eia.gov/todayinenergy/detail.php?id=51358)

[26%](https://www.eia.gov/todayinenergy/detail.php?id=51358): The share of LNG imported by the EU from the US in 2021. Last year, the US became Europe’s largest source of LNG, followed by Qatar and Russia.

[![contact cinco energy management group](https://hubspot-no-cache-na2-prod.s3.amazonaws.com/cta/default/2962170/8d7fbfa8-8e0b-4c9c-9a2f-178ed481186e.png)](https://hubspot-cta-redirect-na2-prod.s3.amazonaws.com/cta/redirect/2962170/8d7fbfa8-8e0b-4c9c-9a2f-178ed481186e)

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