--- title: Cinco Energy's Top 5 Monthly Metrics - July 2023 description: Cinco Energy's monthly metrics look at oil and gas and energy industry trends for July 2023. image: https://insights.cincoland.com/hubfs/2-Jul-28-2023-08-00-47-4880-PM.png --- [Insider](https://insights.cincoland.com/blog/topic/insider) # Cinco Energy's Top 5 Monthly Metrics - July 2023 ![Cinco Energy's Top 5 Monthly Metrics - July 2023](https://2962170.fs1.hubspotusercontent-na1.net/hubfs/2962170/2-Jul-28-2023-08-00-47-4880-PM.png) ![Cinco Energy's Top 5 Monthly Metrics - July 2023](https://insights.cincoland.com/hs-fs/hubfs/2-Jul-28-2023-08-00-47-4880-PM.png?width=400&height=200&name=2-Jul-28-2023-08-00-47-4880-PM.png) By [Camille Nichols](https://insights.cincoland.com/blog/author/camille-nichols) • July 31, 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. [![E&P oil and gas deal volume Q2 2023](https://insights.cincoland.com/hs-fs/hubfs/1-Jul-28-2023-08-00-44-8459-PM.png?width=650&height=650&name=1-Jul-28-2023-08-00-44-8459-PM.png)](https://energynow.com/2023/07/u-s-oil-ma-jumps-as-private-equity-unloads-shale-assets/) [$24:](https://energynow.com/2023/07/u-s-oil-ma-jumps-as-private-equity-unloads-shale-assets/)  The second quarter US E&P deal volume, in billions. The average deal size was $1.8 billion. [![Energy generated by new geothermal well in Nevada](https://insights.cincoland.com/hs-fs/hubfs/2-Jul-28-2023-08-00-47-4880-PM.png?width=650&height=650&name=2-Jul-28-2023-08-00-47-4880-PM.png)](https://www.forbes.com/sites/energyinnovation/2023/07/23/enhanced-geothermal-could-be-a-missing-piece-of-americas-climate-puzzle/?sh=78f38206466a) [3.5:](https://www.forbes.com/sites/energyinnovation/2023/07/23/enhanced-geothermal-could-be-a-missing-piece-of-americas-climate-puzzle/) The megawatts generated by a new geothermal well in Nevada, more than any other enhanced geothermal plant in the world. [![First significant M&A deal for CCS assets](https://insights.cincoland.com/hs-fs/hubfs/3-Jul-28-2023-08-00-46-7239-PM.png?width=650&height=650&name=3-Jul-28-2023-08-00-46-7239-PM.png)](https://www.mrt.com/business/oil/article/exxon-denbury-deal-major-step-carbon-capture-18210936.php) [$4.9 B:](https://www.mrt.com/business/oil/article/exxon-denbury-deal-major-step-carbon-capture-18210936.php) The price Exxon paid to acquire Denbury,  the first significant public M&A deal where CCS assets make up the bulk of value. [![Renewable energy generated by US in 2022](https://insights.cincoland.com/hs-fs/hubfs/4-Jul-28-2023-08-00-46-6748-PM.png?width=650&height=650&name=4-Jul-28-2023-08-00-46-6748-PM.png)](https://www.rigzone.com/news/which_countries_produced_and_consumed_the_most_renewables_in_2022-27-jul-2023-173455-article/) [6.87:](https://www.rigzone.com/news/which_countries_produced_and_consumed_the_most_renewables_in_2022-27-jul-2023-173455-article/) The total renewable power generated, in exajoules, by the US in 2022. China was the only country with a higher renewable power output in 2022. [![funding for O&G to monitor and reduce methane emission and restore well sites](https://insights.cincoland.com/hs-fs/hubfs/5-Jul-28-2023-08-00-48-1054-PM.png?width=650&height=650&name=5-Jul-28-2023-08-00-48-1054-PM.png)](https://www.energy.gov/fecm/articles/epa-and-doe-announce-intent-fund-efforts-reduce-methane-emissions-oil-and-gas-sector) [350:](https://www.energy.gov/fecm/articles/epa-and-doe-announce-intent-fund-efforts-reduce-methane-emissions-oil-and-gas-sector) The amount of funding, in millions, announced by EPA and DOE to monitor and reduce methane emissions from the oil and gas sector and for environmental restoration of well sites.    [![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) **Share this** - [![Share on Facebook](https://www.cincoland.com/wp-content/themes/cinco/assets/img/Social_Facebook.svg)](https://www.facebook.com/sharer/sharer.php?u=https://insights.cincoland.com/blog/cinco-energys-top-5-monthly-metrics-july-2023) - [![Share on Twitter](https://www.cincoland.com/wp-content/themes/cinco/assets/img/Social_Twitter.svg)](https://twitter.com/share?text=Cinco%20Energy's%20Top%205%20Monthly%20Metrics%20-%20July%202023&url=https://insights.cincoland.com/blog/cinco-energys-top-5-monthly-metrics-july-2023) - [![Share on Pinterest](https://www.cincoland.com/wp-content/themes/cinco/assets/img/Social_Pinterest.svg)](https://pinterest.com/pin/create/button/?url=https://insights.cincoland.com/blog/cinco-energys-top-5-monthly-metrics-july-2023&media=https://2962170.fs1.hubspotusercontent-na1.net/hubfs/2962170/2-Jul-28-2023-08-00-47-4880-PM.png&description=Cinco%20Energy's%20Top%205%20Monthly%20Metrics%20-%20July%202023) - [![Share on LinkedIn](https://www.cincoland.com/wp-content/themes/cinco/assets/img/Social_LinkedIn.svg)](https://www.linkedin.com/sharing/share-offsite/?url=https://insights.cincoland.com/blog/cinco-energys-top-5-monthly-metrics-july-2023) ## Subscribe to Our Blog We will send you an email whenever a new blog posting has been published. ## More Insight Related Articles from our Blog ![](https://px.ads.linkedin.com/collect/?pid=1175354&fmt=gif)