The Enverus rig count, as of Wednesday, stood at 780, down by one rig after being up 11 rigs the prior week and 10 rigs the week before that (net +20 over the past three weeks). We are still near the highest number of rigs in operation since March 2020, the dawn of the pandemic. We are only 58 rigs away from the pre-pandemic high of 838 rigs. Last week the Marcellus had 40 rigs running (dropped one rig), and the Utica operated 14 rigs (stayed even), for a total of 54 active rigs in the M-U. Our chief rival, the Louisiana and Texas Haynesville, operated 71 rigs last week, the same number as the week before.
