In our weekly tracking of the Enverus rig count, the numbers from the latest report (as of Wednesday) show a new record low of 276 active rigs. Quite disturbing for us is that comparing Wednesday of this week with Wednesday of last week, the Marcellus/Utica rig count is down by a whopping six. Ouch. The rig apocalypse continues.
In our weekly tracking of the Enverus rig count, the numbers from the latest report (as of Wednesday) show a new record low of 276 active rigs. Quite disturbing for us is that comparing Wednesday of this week with Wednesday of last week, the Marcellus/Utica rig count is down by a whopping six. Ouch. The rig apocalypse continues.