Insights from Cinco Energy Management Group

Cinco Energy's Top 5 Monthly Metrics - March 2022

Written by Camille Nichols | Mar 29, 2022 3:00:00 PM

$130.50: The highest price for WTI crude in March, marking a 13-year high for the U.S. oil benchmark.

70: The number of carbon capture facilities that Occidental plans to construct by 2035.

5: The number of consecutive quarterly increases in development and lease operating costs according to the Dallas Fed’s Energy Survey of E&P companies.

$10 million: The amount Shell donated to establish the Energy Transition Institute at the University of Houston.

100,000: The number of additional barrels of oil per day that Exxon expects to produce this year from the Permian Basin.