0820_August_AOGR_Oil & Gas Counts_Counts 8/11/2020 1:22 PM Page 1 U.S. Oil & Gas Counts Selected Crude Oil Prices Selected Natural Gas Prices Monthly Average Posted Price Monthly Bid-Week Prices $75.00 $5.50 $70.00 $5.00 $65.00 $4.50 $60.00 $4.00 $55.00 $3.50 $50.00 $3.00 $45.00 $40.00 $2.50 $35.00 $2.00 $30.00 $1.50 $25.00 $1.00 $20.00 $0.50 $15.00 $0.00 $10.00 A 18 S O N D J 19 F M A M J J A S O N D J F 20 M A M Wyoming Sweet La Light Kern River Ks Common Penngrade WTI J S 18 J O N WTS D J 19 F M A M J J A S O N D J F 20 Houston Chicago Rocky Mtn. La. Gulf Appalachian NYMEX* M A M J J A W. Texas *3-day average of close Source: S&P Global Platts, Inside FERC's Gas Market Report Jul 20 $42.86 12-Month Strip Jun 20 $41.42 Jul 19 $54.83 Jul 20 $2.72 12-Month Strip As of last trading day in the month indicated. Jun 20 $2.47 Jul 19 $2.38 Source: NYMEX 3 7 87 6 72 4 30 34 162 Drilling Permits 28 2020 2019 Change 1043 8 10,926 4,528 19 34,745 -77.97% -57.89% -68.55% 388 37 16 13 28 79 (Data for July) Onshore Offshore Cumulative YTD 15 11 2 17 2 2 2020 U.S. Rig Count Date of Information Jul 31, 2020 Jul 24, 2020 Jul 17, 2020 Jul 10, 2020 Total Rigs 2019 942 946 954 958 Total Rigs 2020 0 251 -2 251 -5 253 -5 258 -1 +1 -1 -4 Oil (180) (181) (180) (181) Gas +1 (69) -3 (68) -4 (71) -1 (75) Ratio (%) Misc. 0 (2) 0 (2) 0 (2) 0 (2) Oil /Gas /Misc. 72 / 27 / 0 72 / 27 / 0 71 / 28 / 0 70 / 29 / 0 Source: http://bhge.com/rig-count Attention Readers: Closing oil & gas cash prices, as well as continuous updates on three-month futures prices are available at www.aogr.com. 14 THE AMERICAN OIL & GAS REPORTERhttp://www.bhge.com/rig-count http://www.aogr.com