Enverus Rig Count @ 538 (+8); Marcellus @ 36 (+1), Utica @ 13 (-1)

As we reported last week, after four months of steady increases in the U.S. rig count, the Enverus rig count “took a step back” with a decrease (see Enverus Rig Count @ 530 (-11); Marcellus @ 35 (+3), Utica @ 14 (+1)). It was the first time this year the count has dropped. We're happy to report we clawed back 8 of those lost rigs over the past seven days. We're even happier to report the mighty Marcellus gained yet another active rig, to a new high for the past year.

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