Looking Back
Body
The Rooks County oil valuation for 2007 had been published at $38,829,518, still high when you consider the previous year’s $41.3 million valuation was the highest recorded since 1984. The 2007 figure is down $2,513,993 from 2006, or down 6%. The highest valuation ever recorded was $72 million in 1984 at the height of the Rooks County oil boom. The continued high price of oil was keeping the valuation up, along with the fact that there were 52 more wells producing in 2007 which added 147,390 barrels of oil to the mix.