---
title: Cinco Energy's Top 5 Monthly Metrics - May 2022
description: Our monthly metrics for May 2022. See what Cinco Energy is tracking as the most popular metrics in the oil and gas industry.
image: https://insights.cincoland.com/hubfs/1.png
---

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# Cinco Energy's Top 5 Monthly Metrics - May 2022

![Cinco Energy's Top 5 Monthly Metrics - May 2022](https://2962170.fs1.hubspotusercontent-na1.net/hubfs/2962170/1.png) ![Cinco Energy's Top 5 Monthly Metrics - May 2022](https://insights.cincoland.com/hs-fs/hubfs/1.png?width=400&height=200&name=1.png)

By [Camille Nichols](https://insights.cincoland.com/blog/author/camille-nichols) • June 1, 2022

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

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

![Rig Count in May](https://insights.cincoland.com/hs-fs/hubfs/1-1.png?width=650&name=1-1.png)

[**728:**](https://energynow.com/2022/05/u-s-drillers-add-oil-and-gas-rigs-for-ninth-week-in-a-row/) The rig count as of May 20th, representing the highest count since March 2020.

[![Crude Oil Production](https://insights.cincoland.com/hs-fs/hubfs/2-1.png?width=650&name=2-1.png)](https://www.eia.gov/outlooks/steo/)

[$**12.8 MMBD:**](https://www.eia.gov/outlooks/steo/)** **The forecasted production of US crude oil next year, surpassing the previous annual average record of 12.3 MMBD set in 2019.

[![Wind Energy](https://insights.cincoland.com/hs-fs/hubfs/3-1.png?width=650&name=3-1.png)](https://www.eia.gov/outlooks/steo/)

[10GW:](https://www.eia.gov/outlooks/steo/) The expected increase in wind electricity generation by the end of 2022.

[![Colgate Energy Acquisition](https://insights.cincoland.com/hs-fs/hubfs/4-1.png?width=650&name=4-1.png)](https://www.worldoil.com/news/2022/5/19/permian-producer-centennial-to-buy-colgate-for-2-5-billion/)

[**$2.5 Billion:**](https://www.worldoil.com/news/2022/5/19/permian-producer-centennial-to-buy-colgate-for-2-5-billion/) The acquisition price paid by Centennial Resources for Permian producer Colgate Energy.

[![Oil Worker Employment](https://insights.cincoland.com/hs-fs/hubfs/5-1.png?width=650&name=5-1.png)](https://www.worldoil.com/news/2022/5/18/shale-jobs-won-t-top-pre-pandemic-levels-until-2027/)

[**12.5%**](https://www.worldoil.com/news/2022/5/18/shale-jobs-won-t-top-pre-pandemic-levels-until-2027/)[:](https://www.worldoil.com/news/2022/5/18/shale-jobs-won-t-top-pre-pandemic-levels-until-2027/) The estimated employment growth in the oil and gas industry this year

 

[![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)

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