M-U Rigs Realign: PA Stays @ 20, OH Drops 2 @ 11, WV Adds 1 @ 8

Last week, the Marcellus/Utica saw a realignment in rig counts, at least in Ohio and West Virginia. Pennsylvania kept the 20 rigs it has had since early February. Ohio lost two rigs, from 13 to 11, the fewest active rigs in the Buckeye State since last September. And perhaps the biggest news was that West Virginia picked up one rig, from 7 to 8 rigs, for the first time since last May! Overall, the M-U region had a net loss of one rig last week, going from 40 to 39 active rigs. The M-U's biggest competitor, the Haynesville, gained one rig, from 52 to 53 rigs, some 14 rigs more than the M-U. It wasn't all that long ago that the M-U ran more rigs than the Haynesville.

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