Archive for Friday, December 21, 2012
Rig Count for Dec. 22, 2012
December 21, 2012
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A count on oil and natural gas rigs, as of Friday, operating in Colorado, Wyoming and the U.S. overall, according to Baker Hughes, Inc., a Houston-based energy consulting company:
• Colorado has 57 rigs online — 1 less than Dec. 14, and 20 less than Dec. 23, 2011.
• Wyoming has 49 rigs online — the same as Dec. 14, but 7 less than Dec. 23, 2011.
• The U.S. has 1,774 rigs online — 25 less than Dec. 14, and 234 less than Dec. 23, 2011.
Of those rigs:
— 1,703 are working on land, 20 in inland waters, and 51 offshore.
— 1,340 are drilling for oil, 429 for natural gas.
— 182 wells are directional, 1,105 are horizontal, and 487 are vertical.
As of the close of trading Thursday:
• Crude oil closed up $4.24 from a week ago at $90.13 a barrel on the New York
Mercantile Exchange.
• Colorado Southeast crude oil closed up $4.50 from a week ago at $77.60 a barrel.
• Colorado Western crude oil closed up $4.50 from a week ago at $77.13 a barrel.
• Wyoming Sweet crude oil closed up $4.24 from a week ago at $79.13 a barrel.
• Natural gas closed down 11 cents from a week ago at $3.46 per 10,000 million British thermal units or MMBtu.
— Information compiled by Joe Moylan, Craig Daily Press
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Question of the week
News this week showed snowpack in the Yampa River basin has reached 94 percent of median for the date. Do you think Moffat County is out of the woods as far as drought concerns?
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