National Rig Count Slides: U.S. Drops 1 @ 584, M-U Static @ 36
The U.S. national oil and gas rig count lost ground again last week for the fifth time in six weeks, albeit by a small amount. The national combined Baker Hughes oil and gas rig count lost one rig and now stands at 584 active rigs. The Marcellus/Utica stayed the same last week, for the sixth week in a row, with a combined 36 active rigs. Pennsylvania continued to operate 21 rigs. Ohio remained steady with ten active rigs. And West Virginia kept five active rigs. The M-U's primary competitor, the Haynesville, held stead with 37 active rigs.
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