---
title: November 2020 O&G Metrics from Cinco Energy
description: Read for Cinco Energy's five oil and gas metrics for November 2020.
---

[Insights from Cinco Energy Management Group ](https://insights.cincoland.com/blog)

# [November 2020 O&G Metrics from Cinco Energy](https://insights.cincoland.com/blog/november-2020-og-metrics-from-cinco-energy)

 Written by [Camille Nichols](https://insights.cincoland.com/blog/author/camille-nichols) | Nov 25, 2020 5:07:42 PM

<https://rigcount.bakerhughes.com/na-rig-count>

[310](https://rigcount.bakerhughes.com/na-rig-count): The current US oil & gas rig count, marking a recovery from the low in August of 244. 

<https://de.reuters.com/article/us-china-oil-stockpiles/chinas-oil-buying-binge-supported-as-tank-operators-refiners-boost-storage-idUSKBN27Y0A2>

[10%](https://de.reuters.com/article/us-china-oil-stockpiles/chinas-oil-buying-binge-supported-as-tank-operators-refiners-boost-storage-idUSKBN27Y0A2): The growth of China’s crude oil imports during the first 10 months of 2020.

<https://www.businesswire.com/news/home/20201119005298/en/FourPass-Energy-and-Oaktree-Partner-to-Launch-Oil-and-Gas-Operating-Company-With-900-Million-Commitment>

[**$900 million**](https://www.businesswire.com/news/home/20201119005298/en/FourPass-Energy-and-Oaktree-Partner-to-Launch-Oil-and-Gas-Operating-Company-With-900-Million-Commitment): The capital commitment made by Oaktree Capital Management to FourPass Energy. FourPass is targeting large-scale, oil-weighted assets. 

<https://www.bloomberg.com/energy>

[$45.20](https://www.bloomberg.com/energy): The intraday high for WTI crude oil futures on Tuesday — reaching its highest level since March. 

<https://oilprice.com/Energy/Energy-General/EIA-Sees-Flat-US-Crude-Oil-Production-Through-2021.html>

[11.4 million](https://oilprice.com/Energy/Energy-General/EIA-Sees-Flat-US-Crude-Oil-Production-Through-2021.html): The projected average of US crude production (bpd) for 2020. The EIA estimates average production of 11.1 million bpd in 2021.

<https://insights.cincoland.com/oil-and-gas-glossary>

[**Free Guide**](https://insights.cincoland.com/oil-and-gas-glossary): Oil & Gas Glossary

 

[View full post](https://insights.cincoland.com/blog/november-2020-og-metrics-from-cinco-energy)

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