Insights

Top 5 Monthly Metrics from Cinco Energy for June 2019

Insider

5 additional rigs in WY

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 barrels produced

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 price of brent crude

$64.50 The forecasted price of Brent crude for the second half of 2019, per Jeffries.

1/4 lng exported from hormuz

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 tax expected in state of new mexico

$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.

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