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Wyoming Energy News

January 18, 2019

January 18

The School of Energy Resources features information about the energy industry on a weekly basis. Here is a recap of this week's stories.

Baker Hughes Rig Counts

Baker Hughes reports the following rig counts actively exploring for oil or natural gas.

  • U.S. rig count is down 25 rigs from last week at 1,050 rigs, with oil rigs down 21 to 852 and gas rigs down 4 to 198.
  • U.S. rig count is up 114 rigs from last year's count of 936.
  • Wyoming rig count increased by 1 to 34.
  • Colorado's count decreased by 1 to 34.
  • New Mexico added 1 rig to 108.
  • North Dakota increased by 1 rig to 54.
  • Texas decreased by 11 rigs to 521.

Opening Prices from Bloomberg Energy on January 18

  • West Texas Intermediate (WTI) opened at $52.23 down slight from last week's price of $52.28
  • Brent Crude shows an increase from $61.19 last week to $61.33 this week
  • Natural gas increased from $3.00 to $3.44

Office of Governor Mark Gordon

  • Wyoming Governor Mark Gordon requested $10 million to the University of Wyoming School of Energy Resources for the purpose of constructing a 5-megawatt equivalent pilot project utilizing advanced coal-based generation technology that captures at least 75 percent of carbon emissions.

U.S. Energy Information Administration

Casper Star Tribune

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