5. The number of additional rigs in WY as compared to this time last year. Other states with YOY gains are NM, LA, CA and WV.
13 million. The number of barrels per day that may be produced next year in the US, according to U.S. Deputy Energy Secretary Dan Brouillette.
$64.50 The forecasted price of Brent crude for the second half of 2019, per Jeffries.
1/4 The amount of all LNG that is exported through the Straight of Hormuz. Regional tension has impacted global prices of both Crude oil and LNG.
$1 Billion. The tax proceeds that the State of New Mexico expects next year as a result of the increased oil and gas activity in the state.