Insights from Cinco Energy Management Group

Cinco Energy's Top 5 Monthly Metrics - June 2023

Written by Camille Nichols | Jun 28, 2023 1:00:00 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.

$1.9 million:  The Texas Railroad Commission’s budget for digitization of historical documents over the next two fiscal years.

35: 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.

$83 billion: The total value of renewable energy projects announced since the passage of the Inflation Reduction Act, according to the US Treasury Department. 

130: The current number of US onshore natural gas-directed rigs, the lowest number since March 2022.

$3.17: The Henry Hub futures price of the 12-month strip averaging July 2023 through June 2024, up 14.8 cents from the previous week.