Last week, the Baker Hughes rig count lost two rigs after adding four rigs the week before. The count went from 623 active rigs two weeks ago to 621 last week. The national count has consistently stayed between 620-625 active rigs since last October. The Marcellus/Utica stayed even last week at 44 rigs after gaining two rigs the week before. The M-U is at the most active rigs we’ve had since last August!
Last week, the Baker Hughes rig count lost two rigs after adding four rigs the week before. The count went from 623 active rigs two weeks ago to 621 last week. The national count has consistently stayed between 620-625 active rigs since last October. The Marcellus/Utica stayed even last week at 44 rigs after gaining two rigs the week before. The M-U is at the most active rigs we’ve had since last August!