PA Rig Count Stays Down, M-U @ 32; National Count Drops 1 @ 585

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Two weeks ago, Pennsylvania lost two rigs, down to just 13 active rigs, the lowest PA's rig count has been since July 2016 (see PA Craters, Drops 2 Rigs, M-U @ 32; National Rig Count Adds 1 @ 586). That’s the lowest rig count for PA in more than eight years. Last week, PA and the other two Marcellus/Utica states, OH and WV, remained constant in their rig counts (13, nine, and ten, respectively). The national rig count collectively lost one rig last week and now stands at 585.

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