Rig Count for Jan. 28, 2012 | CraigDailyPress.com

Rig Count for Jan. 28, 2012

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.

Recommended Stories For You

— 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

Click here to have the print version of the Craig Daily Press delivered to your home.

Go back to article