Archive for Saturday, November 10, 2012
Rig Count for Nov. 10
November 10, 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 55 rigs online — 1 less than Nov. 2, and 24 less than Nov. 11, 2011.
• Wyoming has 52 rigs online — 1 more than Nov. 2, the same as Nov. 11, 2011.
• The U.S. has 1,806 rigs online — 6 more than Nov. 2, but 210 less than Nov. 11, 2011.
Of those rigs:
— 1,740 are working on land, 16 in inland waters, and 50 offshore.
— 1,389 are drilling for oil, 413 for natural gas.
— 194 wells are directional, 1,104 are horizontal, and 508 are vertical.
As of the close of trading Thursday:
• Crude oil closed down $2 from a week ago at $85.09 a barrel on the New York
Mercantile Exchange.
• Colorado Southeast crude oil closed down $1.75 from a week ago at $72.60 a barrel.
• Colorado Western crude oil closed down $1.75 from a week ago at $72.13 a barrel.
• Wyoming Sweet crude oil closed down $2.80 from a week ago at $74.09 a barrel.
• Natural gas closed down 9 cents from a week ago at $3.61 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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