I would define a huge boom in this case as huge for colorado. Huge for california of course would mean much higher production increases off a much higher base.
Last month, Colorado averaged 69 active drilling rigs.
Two years ago, they averaged 80.
Three years before that, they averaged 123.
Nov 07, 113.
Nov 06, 88.
Nope. Not a boom at this time. Potential, yes, today, no.
Rigs by State - Current and Historical
http://phx.corporate-ir.net/External.File?item=UGFyZW50SUQ9MjEzNTkxfENoaWxkSUQ9LTF8VHlwZT0z&t=1