Tag Archives: Colorado Rig Count

Has Colorado’s Rig Count Hit Bottom?

With all the recent talk of OPEC and Russia coming to an agreement on limiting oil production to stabilize crude oil prices at a meeting in Algeria on September 26-28, 2016, one wonders how the outcome will affect activity in … Continue reading

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Half of Colorado’s drilling rigs have gone idle in last five months

By Aldo Svaldi – The Denver Post – March 23, 2015 Half of Colorado’s drilling rigs have gone idle since the end of October, the sharpest percentage decline among the country’s major oil producing states, according to a report Monday from IHS, … Continue reading

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Colorado Rig Count Surrenders to National Trend

The number of active U.S. land rigs plunged by 98 this week in one of the biggest declines in the past three decades as fallen oil prices continued to pummel the industry’s drilling ambitions as reported by Fuel Fix. In … Continue reading

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