Insights from Cinco Energy Management Group

Cinco Energy's Top 5 Monthly Metrics - January 2024

Written by Camille Nichols | Jan 30, 2024 5:42:12 PM

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

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

$190B: The total upstream M&A transaction value in 2023. Permian deals accounted for $103 billion of the annual total. Upstream M&A Transactions in 2023

254: The number of counties in Texas, eclipsing the totals in other states. By comparison, neighboring New Mexico and Oklahoma have 33 and 77 counties, respectively. County Information from US Census

36 GW: The expected amount of solar-generated electricity to come on line this year in the US, followed by 43 GW in 2025. EIA: Outlooks

$77.68: The projected WTI crude price at the end of 2024, per the latest Dallas Fed Energy Survey. Where Will WTI Crude Oil Price Be At End-2024?

1.16 MMBOE/d: ExxonMobil’s US production volume per recently released 2023 data. Chesapeake Energy and EOG trailed the supermajor, with 1.13 and 1.10 MMBOE/day, respectively. Who is the Top Public Lower 48 Producer?