The Enverus rig count, as of last Wednesday, stood at 760 (587 oil-focused rigs and 173 gas-focused rigs). That is the highest number of rigs in operation since March 2020, the dawn of the pandemic. We are only about 50 rigs away from the pre-pandemic high of 838 rigs. Last week the Marcellus had 40 rigs running, and the Utica 13 rigs, for a total of 53 active rigs in the M-U. Our chief rival, the Louisiana and Texas Haynesville, operated 71 rigs last week. Bummer.
