--- title: Cinco Energy's Top 5 Monthly Metrics - June 2023 description: Cinco Energy's monthly metrics look at oil and gas and energy industry trends for June 2023. image: https://insights.cincoland.com/hubfs/1-3.png --- [Insider](https://insights.cincoland.com/blog/topic/insider) # Cinco Energy's Top 5 Monthly Metrics - June 2023 ![Cinco Energy's Top 5 Monthly Metrics - June 2023](https://2962170.fs1.hubspotusercontent-na1.net/hubfs/2962170/1-3.png) ![Cinco Energy's Top 5 Monthly Metrics - June 2023](https://insights.cincoland.com/hs-fs/hubfs/1-3.png?width=400&height=200&name=1-3.png) By [Camille Nichols](https://insights.cincoland.com/blog/author/camille-nichols) • June 28, 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. [![Texas Railroad Commission digitization of records](https://insights.cincoland.com/hs-fs/hubfs/1-4.png?width=650&height=650&name=1-4.png)](https://www.rrc.texas.gov/news/062023-new-state-budget-helps-the-rrc-continue-its-important-work-protecting-texans-and-the-environment/) [$1.9 million:](https://www.rrc.texas.gov/news/062023-new-state-budget-helps-the-rrc-continue-its-important-work-protecting-texans-and-the-environment/)  The Texas Railroad Commission’s budget for digitization of historical documents over the next two fiscal years. [![BLM-approved renewable energy projects](https://insights.cincoland.com/hs-fs/hubfs/2-4.png?width=650&height=650&name=2-4.png)](https://www.blm.gov/programs/energy-and-minerals/renewable-energy/active-renewable-projects) [35:](https://www.blm.gov/programs/energy-and-minerals/renewable-energy/active-renewable-projects) The number of renewable energy projects on federal lands that have been approved by the BLM since 2020. 26 additional projects are pending approval by the BLM. [![renewable energy projects announced since Inflation Reduction Act was passed](https://insights.cincoland.com/hs-fs/hubfs/3-4.png?width=650&height=650&name=3-4.png)](https://thehill.com/policy/energy-environment/4061199-treasury-department-says-nearly-200-clean-energy-projects-announced-since-ira/) [$83 billion:](https://thehill.com/policy/energy-environment/4061199-treasury-department-says-nearly-200-clean-energy-projects-announced-since-ira/) The total value of renewable energy projects announced since the passage of the Inflation Reduction Act, according to the US Treasury Department.  [![US onshore natural gas-directed rigs](https://insights.cincoland.com/hs-fs/hubfs/4-4.png?width=650&height=650&name=4-4.png)](https://www.eia.gov/naturalgas/weekly/) [130:](https://www.eia.gov/naturalgas/weekly/) The current number of US onshore natural gas-directed rigs, the lowest number since March 2022. [![Henry Hub futures price average for next 12 months](https://insights.cincoland.com/hs-fs/hubfs/5-4.png?width=650&height=650&name=5-4.png)](https://www.eia.gov/naturalgas/weekly/) [$3.17:](https://www.eia.gov/naturalgas/weekly/) The Henry Hub futures price of the 12-month strip averaging July 2023 through June 2024, up 14.8 cents from the previous week.   [![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-june-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-%20June%202023&url=https://insights.cincoland.com/blog/cinco-energys-top-5-monthly-metrics-june-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-june-2023&media=https://2962170.fs1.hubspotusercontent-na1.net/hubfs/2962170/1-3.png&description=Cinco%20Energy's%20Top%205%20Monthly%20Metrics%20-%20June%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-june-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)