Energy, Utilities & Water  April 3, 2015

Colorado, D.J. Basin rig counts unchanged this week

The number of rigs exploring for oil and natural gas in Denver-Julesburg Basin remained flat at 30 this week compared with last week, according to Baker Hughes Inc. (NYSE: BHI).

The rig count in the D.J. Basin, which includes territory in Northern Colorado, remained unchanged following a decline of three rigs last week from 33 week before. A rig can support 125 direct and indirect jobs in the region.

A year ago, the D.J. Basin rig count totaled 54 rigs, representing a 44-percent year-over-year decline from 30 rigs this week.

Northern Colorado producers have pulled rigs from the region as…

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