PA Adds One Rig, Now @ 15; National Rig Count Drops One Rig @ 584
One month ago, Pennsylvania’s rig count dropped to just 12 rigs, the lowest that state has operated in the last 17 years (see PA Drops Another Rig to 17-Year Low; National Rig Count Even @ 585). Since then, PA has re-added one rig per week for three weeks in a row, and as of last Friday, the state was running 15 rigs for the first time since early October. Ohio and West Virginia both remained constant, with ten active rigs each. Cumulatively, the M-U sported 35 active rigs last week. We haven't seen a rig count that high since August of this year (three months ago).To view this content, log into your member account. (Not a member? Join Today!)