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…
THIS ARTICLE IS FOR SUBSCRIBERS ONLY
Continue reading for less than $3 per week!
Get a month of award-winning local business news, trends and insights
Access award-winning content today!