Insights from Cinco Energy Management Group

Top 5 Monthly Metrics for November 2019

Written by Cinco Energy | Nov 29, 2019 3:53:00 PM

4: The number of new permits approved for LNG export terminals in South Texas.

2.8%: The recent uptick in WTI crude futures, based on the expected extension of OPEC output cuts. The increase represents a two-month high in the commodity price.

35: The maximum number of characters allowed by the Texas Railroad Commission for an oil and gas lease name. With only a single restriction, lease names often point to operators’ interests, allegiances or sense of humor.

$1+ Billon: The deal size of a potential acquisition of Chesapeake Energy Corp’s Haynesville assets by Comstock Resources.

$122,000: The annual per capita income in Midland, Texas – beating San Francisco, Boston, or New York last year.