M-U Rigs Even @ 36; Haynesville Even @ 55; Nat’l Up 4th Week @ 581

Last week was (once again) noteworthy for the Baker Hughes rig count. Although the Marcellus/Utica count didn’t budge, the national count increased by 1 rig. The national count has risen over the last four weeks — by 19 rigs. The new national count of 581 is the highest the combined count has been since May 2025 (well over a year). The combined M-U rig count remained at 36 active rigs for the ninth consecutive week. The M-U’s chief competitor, the Haynesville, maintained its count of 55 active rigs, operating 19 more than the M-U.

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