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Wyoming Energy News

December 3, 2018

December 3

Energy Markets December 3, 2018

 

The School of Energy Resources frequently features information about the energy industry. Here is a summary of some of the highlights of recent stories:

Baker Hughes released its weekly rig counts:

  • The Wyoming Rig Count is holding steady at 30 rigs.
  • The US Rig Count is down 3 rigs from last week to 1076, with oilrigs up 2 to 887 and gas rigs down 5 to 189.
  • US Rig Count is up 147 rigs form last year’s count of 929, with oilrigs up 138 and gas rigs up.

Opening Prices from Bloomberg:

  • West Texas Intermediate (WTI) has gone from $51.63 last week up to $52.45.
  • Brent Crude has gone from $60.48 last week to $59.98.
  • Natural Gas has changed from $4.25 to $4.53 this week.

Wyoming Public Media recently covered the low oil prices and their impact on Wyoming.

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