U.S. Oil & Gas Counts Selected Crude Oil Prices Monthly Average Posted Price $50.00 $55.00 $60.00 $65.00 $70.00 $75.00 $40.00 $45.00 $30.00 $35.00 $25.00 $20.00 $15.00 $10.00 JJ A 19 S O N D J F M A M J J 20 Wyoming Sweet Ks Common La Light Penngrade A SO N D J FM A M 21 Kern River WTI WTS Selected Natural Gas Prices Monthly Bid-Week Prices $0.00 $0.50 $1.00 $1.50 $2.00 $2.50 $3.00 $3.50 $4.00 $4.50 $5.00 $5.50 JA S O N 19 Houston La. Gulf *3-day average of close Source: S&P Global Platts, Inside FERC's Gas Market Report 12-Month Strip May 21 Apr 21 May 20 $66.40 $63.44 $39.83 As of last trading day in the month indicated. 12-Month Strip Source: NYMEX May 21 Apr 21 May 20 $3.14 $3.00 $2.41 D J FM A M J J A SO N D J FM A M J 21 Chicago Appalachian Rocky Mtn. NYMEX* W. Texas 20 3 51 4 10 22 43 Drilling Permits (Data for May) 2021 Onshore Offshore Cumulative YTD 1,340 12 6,894 2020 884 9 8,964 Change 51.58% 33.33% -23.09% 150 57 672 1 3 52 29 63 3 21 44 1 6 62 19 24 2021 U.S. Rig Count Date of Information May 28, 2021 May 21, 2021 May 14, 2021 May 7, 2021 Total Rigs 2020 301 318 339 374 Total Rigs 2021 Ratio (%) Oil Gas +2 457 +3 (359) -1 (98) +2 455 +4 (356) -1 (99) +5 453 +8 (352) -3 (100) Misc. 0 (0) -1 (0) 0 (1) +8 448 +2 (344) +7 (103) -1 (1) Attention Readers: Closing oil & gas cash prices, as well as continuous updates on three-month futures prices are available at www.aogr.com. 10 THE AMERICAN OIL & GAS REPORTER Oil /Gas /Misc. 79 / 21 / 0 78 / 22 / 0 78 / 22 / 0 77 / 23 / 0 Source: https://bakerhughes.com/rig-counthttps://www.bakerhughes.com/rig-count http://www.aogr.com