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Devils Lake Journal - Devils Lake, ND
  • Colorado drilling rigs head to other states

  • GRAND JUNCTION, Colo. (AP) — The Western Slope is losing drilling rigs to North Dakota and Texas because of rising oil prices.


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  • GRAND JUNCTION, Colo. (AP) — The Western Slope is losing drilling rigs to North Dakota and Texas because of rising oil prices.
    Researchers say at the peak of the natural gas boom, the majority of the nation's rigs were drilling natural gas, but the ratio has nearly reversed as oil prices recover from the recession.
    According to KJCT-TV, Colorado is expected to lose hundreds of thousands of dollars in taxes because of the changes.
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