Insights

Top 5 Monthly Metrics for December 2019

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70: The number of years since the US last reported a full month as a net petroleum exporter, according to the EIA.

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$770 million: Denver-based Kalnin Ventures entered into an agreement to purchase Devon Energy’s Barnett shale assets.

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$17 billion: The forecasted annual spending on oilfield water management in the U.S. through 2028.

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2050: The year by which Baker Hughes aims to achieve net-zero carbon dioxide emissions.

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9%: The increase in proved resources of natural gas in the US, setting a new record high of 504.5 Tcf, according to the EIA.

 

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