Archive for Saturday, January 28, 2012
Rig Count for Jan. 28, 2012
January 28, 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 71 rigs online — 2 less than Jan. 20, but 7 more than Jan. 28, 2011.
• Wyoming has 48 rigs online — 3 less than Jan. 20, but 1 more than Jan. 28, 2011.
• The U.S. has 2,008 rigs online — the same as Jan 20, and 276 more than Jan. 28, 2011.
Of those rigs:
— 1,949 are working on land, 17 in inland waters, and 42 offshore.
— 1,225 are drilling for oil, 777 for natural gas.
— 217 wells are directional, 1,185 are horizontal, and 606 are vertical.
As of the close of trading Thursday:
• Crude oil closed at $99.70 a barrel on the New York Mercantile Exchange.
• Colorado Southeast crude oil closed at $87 a barrel.
• Colorado Western crude oil closed at $84.08 a barrel.
• Wyoming Sweet crude oil closed at $82.95 a barrel.
• The national average price for natural gas closed at $2.60 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
Would you support Secretary of the State Scott Gessler if he ran for Colorado governor?
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