Enverus Rig Count @ 871 (+3); Marcellus @ 46 (+1), Utica @ 11 (+1)
The Enverus rig count, as of Wednesday, stood at 871, up by three from the week before. We are now 33 rigs ABOVE the pre-pandemic high of 838 rigs. Finally! Last week the Marcellus operated 46 rigs (up by one), and the Utica operated 11 rigs (also up by one), for a total of 57 active rigs in the M-U. Rigs chasing oil declined by four leaving 662, while natural gas-prone rigs gained seven for a total 209. The Haynesville, which is the chief competitor to the Marcellus/Utica, had 75 active rigs operating last week. The Haynesville continues to beat the pants off the M-U with respect to rigs and drilling new wells.
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