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December 2020 O&G Metrics from Cinco Energy

Insider

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1/10: According to the Dallas Fed, recent industry employment levels are back where they were in January 2010 when the shale boom was just beginning to take off.

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400: The number of jackets that The North Face declined to make for Innovex Downhole Solutions, citing a conflict with “brand criteria”. Eddie Bauer agreed to fill the order instead.

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320: The number of days between completion of one well and drilling of the next on an Endeavor lease, becoming the subject of a retained acreage dispute in 2018. This month, the Texas Supreme Court ruled in favor of Endeavor.

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32,500: The net acreage of the Northern Midland Basin position that Diamondback plans to acquire from Guidon Operating.

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$2 trillion: The proposed investment associated with President-elect Joe Biden’s climate plan.

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