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Cinco Energy's Top 5 Monthly Metrics - March 2024

Cinco Energy's Top 5 Monthly Metrics - March 2024

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

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

US LNG Export Volume for 2023

11.9 Bcf/d: The average US LNG export volume in 2023 according to new data from the EIA. This represents a 12% increase compared with the prior year. The United States was the World’s Largest Liquefied Natural Gas Exporter in 2023

DUC Wells in Permian Basin are down

883: The current number of DUC (Drilled but Uncompleted) wells in the Permian, down from 1,044 a year ago. EIA Drilling Productivity Report

TotalEnergies acquires Talos Energy's CO2 Storage Business

$148 MM: The value of TotalEnergies' deal to acquire Talos Energy’s CO2 Storage Business. TotalEnergies is Buying and Splitting Up Talos Energy's CO2 Storage Business

US Geothermal energy potential

10%: The share of US electricity that could be generated by geothermal energy by 2050, according to DoE. US Aiming to Crack the Code on Deploying Geothermal Energy at Scale

WTI price projection by end of 2024

$80.11: The expected price of WTI at the end of 2024, according to the latest Dallas Fed Energy Survey. Oil and Gas Executives Predict WTI Oil Price
 
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