The venerable Baker Hughes U.S. rig count turned in its totals a day early this week. Likely because workers were heading for the exits early (we can’t blame them). The overall rig count lost ground again last week, as it has for the past couple of weeks. The count went from 623 active rigs last week down to 620 this week. The Marcellus/Utica lost a rig (in Pennsylvania) to end up at 40 active rigs, while our main competitor, the Haynesville, added another rig and now stands at 44 active rigs. Bummer. Not that many weeks ago, the M-U was running more rigs than the Haynesville.
