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
