COLORADO NOW UP TO 28 DRILLING RIGS

The Denver Post - - BUSINESS - By Aldo Svaldi

Petroleum pro­duc­ers in Colorado put an­other rig to work this week, bring­ing the to­tal count in the state to 28, the high­est num­ber since Thanks­giv­ing week of 2015.

At the start of the month, there were 20 rigs ac­tive in the state, on par with the num­ber ac­tive across much of sum­mer and fall. Eight rigs have joined in the search for oil and gas this month, a 40 per­cent in­crease. The U.S. rig count rose by 16 last week to 653, but re­mains down 47 from the 700 rigs op­er­at­ing a year ago.

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