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Intl Rig Counts in Free Fall, What About Marcellus/Utica Counts? | Marcellus Drilling News
Rig counts are a closely watched measure as an indicator of future drilling and therefore future production. Over the past several years, rig counts have become a much less accurate method for predicting future production simply because so many wells have been drilled--in the Marcellus and now Utica--that connecting those wells to production will take