Enverus US Rig Count Up +1; Marcellus Drops 2, Utica Drops 1 Rig

The U.S. oil rig count pushed to an 11-month high in the week ended March 10, led by a continued recovery in the Permian basin, according to Enverus. The number of active net oil rigs rose by five over the past week to 371, the highest since the week ended April 15 of last year. However, gas-focused rigs decreased. Bummer. The Marcellus in the dry gas northeastern PA region lost two rigs and the Utica in Ohio lost 1 rig. Another gas-focused play, the Haynesville in Louisiana, lost 1 rig.

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