The climate of Salt Lake City varies widely. Lying in the Salt Lake Valley, the city is surrounded by mountains and the Great Salt Lake. The city has four distinct seasons: a cold, snowy winter; a hot, dry summer; and two relatively wet transition periods.
The price of oil rigs for land drilling in the United States typically starts at around $18 million to $20 million and goes up to around $25 million, but it can be nearly twice that amount depending on the specific rig purchased. The least-expensive rigs are those classified as U.S. small footprint land rigs.
Quora User, I get oil out of the ground. In the Bakken, for a 18,000 ft horizontal well (10,000 ft vertical + 8,000 ft lateral) after you buy your acreage, it costs roughly $4-6 million to drill, and another $4-6 million to complete (frac + drill out + artificial lift) plus another $500K for surface facilities (tanks, treaters, lact, etc).