Baker Hughes Dec Rig Counts Down Everywhere – Global, US, NE

The number of active drilling rigs worldwide was down by 14 rigs according to the December Baker Hughes rig count report. The worldwide rig count in November was down just 2 from October, which shows the trend of idling rigs is once again picking up steam. Bummer. Active rigs in the U.S. fell by a whopping 46 month over month. There were 760 active drilling rigs operating in the U.S. in November, and 714 rigs operating during the month of December. Ouch. What about active rigs in the Marcellus/Utica? Once again MDN brings you the exclusive chart for Marcellus/Utica rig counts over the past 12 months. This month’s chart is disheartening. The region lost another 5 active rigs in December over those operating in November. Which states lost rigs?…

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