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 D J 18 19 F M A M J J A S O N D J 20 F M A M J J Wyoming Sweet La Light Kern River Ks Common Penngrade WTI A S O J 19 N F WTS M A M J J A S O N D J F 20 M A M J Houston Chicago Rocky Mtn. La. Gulf Appalachian NYMEX* J A S O N D W. Texas *3-day average of close Source: S&P Global Platts, Inside FERC's Gas Market Report Nov 20 $45.91 12-Month Strip Oct 20 $41.44 Nov 19 $56.53 Nov 20 $2.58 12-Month Strip As of last trading day in the month indicated. Oct 20 $2.89 Nov 19 $2.32 Source: NYMEX 1 47 1 2 98 2 49 19 Drilling Permits 30 2020 2019 Change 903 9 15,405 2,708 14 50,152 -66.65% -35.71% -69.28% 380 3 38 26 11 30 71 (Data for November) Onshore Offshore Cumulative YTD 59 3 2 5 1 25 2020 U.S. Rig Count Date of Information Dec 4, 2020 Nov 25, 2020 Nov 20, 2020 Nov 13, 2020 Total Rigs 2019 799 802 803 806 Total Rigs 2020 +3 323 +10 320 +2 310 +12 312 +5 +10 -5 +10 Oil (246) (241) (231) (236) Gas -2 (75) +1 (77) +3 (76) +2 (73) Ratio (%) Misc. -1 (2) -1 (2) 0 (3) 0 (3) Oil /Gas /Misc. 76 / 23 / 0 75 / 24 / 0 75 / 25 / 0 76 / 23 / 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. DECEMBER 2020 11http://www.bhge.com/rig-count http://www.aogr.com