M-U Rig Count Stays @ 39 for 4th Week; Nat’l Count Adds 1 @ 546

The Baker Hughes rig count turned in its weekly report early last week, on Dec. 30 (Tuesday instead of the usual Friday), due to the holiday---for a second week in a row. The Marcellus/Utica rig count gained 1 rig four weeks ago in the Ohio Utica, bringing the total to 39 rigs. For the past four reports in a row, the M-U has maintained that count—the most rigs it has operated in more than a year. It's a great way to start the New Year! Pennsylvania has held at 18 active rigs for seven consecutive weeks. Ohio has operated 14 rigs for four straight weeks (its highest in over a year). And West Virginia maintained 7 rigs, which it has operated since May 30. There were 24 rigs targeting the Marcellus and 15 targeting the Utica. The national count picked up 1 rig, bringing the total to 546 active rigs.

---

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