Insights

After a successful virtual Summer NAPE, the team at Cinco Energy is excited to continue providing expertise on shutting-in wells during session three of Haynes and Boone’s Webinar Series for Land Professionals. These ongoing educational webinars, led by industry experts, are specifically designed to address challenges like these facing the oil and gas market. 

Last week, NAPE kicked off its first-ever virtual summer conference. Hosted on the newly created digital NAPE Network, the event offers a safe gathering place for over 1,500 attendees in the oil and gas industry. Already off to a great start, buyers, sellers, and investors have until August 27 to enjoy signature NAPE features, including networking, job boards, presentations, and roundtable discussions featuring experts from around the world. 

We are back for part three of our glossary of oil and gas terms. In part one and part two we highlighted commonly used words in the industry such as "Affidavit of Production" and "Non-Participating Royalty". Continue reading  part three as we focus on key terms related to Reserve-Based Lending.

700,000 b/d: The estimated quantity of US Crude exports to China in 2020.

2.5 Million – The number of barrels of crude oil exported from the US Gulf Coast region per day.