OCR Text |
Show Overall Drilling Decline In Utah Continues Currently at work in Utah are 15 drilling rigs, down two from a month ago and down considerably from the 26 active rigs at work this time a year ago. Petroleum Information Informa-tion Corporation reports the rig count, compiled each week by Hughes Tool in conjunction with the Independent Association Associ-ation of Drilling Contractors, is climbing steady in the rest of the Rocky Mountain states. Active rigs numbered 216 on July 12, nine more than in the previous week but still 31 below the 247 figure of a year ago. However, the rig count is up by 61 from the year's low of 155 on April 19. Other recent new locations have been filed in Grand County's Cisco and Cisco Springs area, a projected 6,350 foot test by Placid Oil Company south of Monticello, and new work scheduled in the Pineview vicinity, Summit County. ' ; 1 ' 1 '' ' ' T" |