Enverus Onshore Rig Count Bumps Up & Down, Utica Loses 1 Rig

Another week, another look at the rig count. The onshore rig count continues to bump along near the bottom of historic lows. It’s not AT the bottom (thank God), but it does continue to flirt with low numbers. According to Enverus, which tracks rigs using GPS units, the count bottomed at the beginning of July with 264 active rigs. Since then it’s risen and currently stands around 280 rigs. Week to week it goes up and it goes down, but not down significantly. According to Enverus, the count lost a rig last week.

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