Nat’l Rig Count Slips 5 @ 588; M-U Stuck on 35 for 3rd Week

Three weeks, same number. The Marcellus/Utica held at 35 rigs again last week — Pennsylvania 16, Ohio 10, West Virginia 9, nobody budging. This time we had company: the national count fell five to 588, the first decline in four weeks. And the Haynesville, which has been eating our lunch all summer, gave back two rigs. The bigger story, though, is happening after the drilling stops. Frac crews nationally dropped by nine in a single week.

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