February 2020 O&G Metrics from Cinco Energy

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

-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.

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

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