Baker Hughes U.S. Rig Count Drops 1 @ 620, M-U Even @ 42

Last week, the Baker Hughes rig count dropped another rig. The count went from 621 active rigs two weeks ago down to 620 last week. This is the third week in a row the national count has lost rigs. Since last October, the national count has gone as low as 616 and as high as 629. And that’s it. No higher and no lower. The Marcellus/Utica remained the same last week at 42 active rigs. However, there were some musical chairs. Pennsylvania gained one rig and now operates 22 rigs. West Virginia lost a rig and now operates 8 rigs. Ohio remained steady with 12 active rigs.

---

To view this content, log into your member account. (Not a member? Join Today!)