Insights

February 2020 O&G Metrics from Cinco Energy

Insider

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3.40: The recently amended Texas Railroad Commission Rule on the Assignment of Acreage to Pooled Development and Proration Units.

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-60%: The change in the number of monthly drilling permits filed in Wyoming between January and December, largely resulting from regulatory changes aimed at streamlining the application process.

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$150 billion: The estimated annual savings for oil producers resulting from oil-focused digital services developed in the next 5 years.

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2.5%: The new import tariff rate on US Crude in China, down from 5%.

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