Cinco Energy's Top 5 Monthly Metrics - October 2023

Cinco Energy's Top 5 Monthly Metrics - October 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.

Orphan wells plugged in WV with federal funds

1,700: The number of orphan wells to be plugged in WV using $212 million of federal funds. Millions to Help West Virginia Tackle Orphaned Oil Wells Doesn't Go Far Enough

Exxon buys Pioneer Natural Resources

$59.5B: The price Exxon will pay to acquire Pioneer Natural Resources, doubling its production volume in the Permian Basin. Chevron Exxon's Latest Buys Could Herald a New Era of Oil Megamergers

Solar power sites combining agricultural use

383: The number of solar power sites that have combined agricultural use with solar power generation, known as agrivoltaics. Sheep Graze on Texas Solar Farms as Renewable Energy Companies Embrace Agriculture

October oil and gas rig count

625: The US oil and gas rig count as of October 27. Baker Hughes October Rig Count

YOY increase in generation of electricity from natural gas

42%: The estimated share of electricity generation coming from natural gas this year, an increase from 39% in 2022. US Energy Information Administration Short-Term Energy Outlook
contact cinco energy management group

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