Baker Hughes

The Marcellus/Utica rig count gained 1 rig seven weeks ago in the Ohio Utica, bringing the regional total to 39 rigs. For the past seven reports in a row, the M-U has maintained that count—the most rigs it has operated in more than a year. Pennsylvania has held at 18 active rigs for ten consecutive weeks. Ohio has operated 14 rigs for seven straight weeks (its highest in over a year). And West Virginia maintained 7 rigs, which it has operated since May 30, 2025. There were 24 rigs targeting the Marcellus and 15 targeting the Utica last week. The national count regained 1 rig last week, bringing the total back up to 544 active rigs. Read More “M-U Rig Count Stays @ 39 for 6th Week; Nat’l Count Adds 1 @ 544”

The Marcellus/Utica rig count gained 1 rig six weeks ago in the Ohio Utica, bringing the total to 39 rigs. For the past six reports in a row, the M-U has maintained that count—the most rigs it has operated in more than a year. Pennsylvania has held at 18 active rigs for nine consecutive weeks. Ohio has operated 14 rigs for six straight weeks (its highest in over a year). And West Virginia maintained 7 rigs, which it has operated since May 30, 2025. There were 24 rigs targeting the Marcellus and 15 targeting the Utica. The national count lost 1 rig last week, bringing the total down to 543 active rigs. Read More “M-U Rig Count Stays @ 39 for 6th Week; Nat’l Count Drops 1 @ 543”

The Marcellus/Utica rig count gained 1 rig five weeks ago in the Ohio Utica, bringing the total to 39 rigs. For the past five reports in a row, the M-U has maintained that count—the most rigs it has operated in more than a year. Pennsylvania has held at 18 active rigs for eight consecutive weeks. Ohio has operated 14 rigs for five straight weeks (its highest in over a year). And West Virginia maintained 7 rigs, which it has operated since May 30, 2025. There were 24 rigs targeting the Marcellus and 15 targeting the Utica. The national count lost 2 rigs last week, bringing the total to 544 active rigs. Read More “M-U Rig Count Stays @ 39 for 5th Week; Nat’l Count Drops 2 @ 544”

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. Read More “M-U Rig Count Stays @ 39 for 4th Week; Nat’l Count Adds 1 @ 546”

The venerable Baker Hughes rig count turned in its weekly report early last week, on Dec. 23 (Tuesday instead of the usual Friday) due to the holiday. The Marcellus/Utica rig count gained 1 rig three weeks ago in the Ohio Utica, bringing the total to 39 rigs. For the past three reports in a row, the M-U has maintained that count—the most rigs it has operated in more than a year. Pennsylvania has held at 18 active rigs for six consecutive weeks. Ohio has operated 14 rigs for three 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 3 rigs, bringing the total to 545 active rigs. Read More “M-U Rig Count Stays @ 39 for 3rd Week; Nat’l Count Adds 3 @ 545”

The Marcellus/Utica rig count gained 1 rig two weeks ago in the Ohio Utica. The combined count hit 39 total rigs. Last week, the M-U maintained that count—the most rigs it has operated in more than a year. Pennsylvania has held at 18 active rigs for five consecutive weeks. Ohio picked up 1 rig two weeks ago and now operates 14 rigs. West Virginia maintained its 7 rigs, which it has operated since May 30. There were 24 rigs targeting the Marcellus and 15 targeting the Utica, for a combined 39 rigs in the M-U. The national count did not fare so well, losing 6 rigs, down to 542 active rigs, the lowest national count since September. Read More “M-U Rig Count Keeps Gains @ 39; Nat’l Count Loses 6 @ 542”

The Marcellus/Utica rig count gained a rig last week in the Ohio Utica. The combined count hit 39 total rigs, the most it has operated in more than a year. That’s great news! It means drilling is picking up in the M-U. Pennsylvania has held at 18 active rigs for four consecutive weeks. Ohio picked up one and now operates 14 rigs. Before last week, Ohio had held the same number of rigs at 13 since September 26. West Virginia maintained its 7 rigs, which it has operated since May 30. There were 24 rigs targeting the Marcellus and 15 targeting the Utica, for a combined 39 rigs in the M-U. Read More “M-U Rig Count Gains 1 Rig, Now @ 39 – Highest in Over a Year”

Last week, the Baker Hughes U.S. national rig count recovered some of the previous week’s losses. The count increased by five after losing 10 rigs in the previous week. The national count went from 544 to 549. Rigs in the Marcellus/Utica remained the same last week—now for three weeks in a row. Pennsylvania has held at 18 for three consecutive weeks. Ohio was the same at 13 rigs, which it has operated since September 26. West Virginia maintained its 7 rigs, which it has operated since May 30. There were 24 rigs targeting the Marcellus and 14 targeting the Utica, for a combined 38 rigs in the M-U. Read More “U.S. Rig Count Regains 5, Now @ 549; M-U Even @ 38 for 3rd Week”

Last week, the Baker Hughes U.S. national rig count got wacked good, losing 10 rigs from the previous week. The national count went from 554 to 544 (as of Wednesday, when BH reported the numbers). Bummer. It had gained rigs for each of the prior three weeks. Rigs in the Marcellus/Utica remained the same last week after gaining one rig the week before. Pennsylvania has held at 18 for two weeks in a row. Ohio was the same at 13 rigs, which it has operated since September 26. West Virginia maintained its 7 rigs, which it has operated since May 30. There were 24 rigs targeting the Marcellus and 14 targeting the Utica, for a combined 38 rigs in the M-U. Read More “U.S. Rig Count Crashes, Down 10 to 544; M-U Remains Even @ 38”

Last week, the Baker Hughes U.S. national rig count gained rigs for the third week in a row. The national count increased by five rigs, rising from 549 to 554. The BH rig count has added rigs in five of the last six weeks. Rigs in the Marcellus/Utica gained a rig! Pennsylvania gained one Marcellus rig, bringing its total to 18. Ohio was the same at 13 rigs. And West Virginia maintained its 7 rigs, which it has operated since May 30 (26 weeks in a row). There were 24 rigs targeting the Marcellus and 14 targeting the Utica, for a combined 38 rigs in the M-U. Read More “PA Marcellus Adds 1 Rig, M-U @ 38 Rigs; U.S. Count Adds 5 @ 554”

Last week, the Baker Hughes U.S. national rig count gained rigs for the second week in a row. The national count increased by one rig, rising from 548 to 549. The BH rig count has added rigs in four of the last five weeks. Rigs in the Marcellus/Utica remained the same last week at a combined 37, the same number for seven weeks in a row. Pennsylvania remained unchanged at 17 active rigs (seven weeks in a row). Ohio was the same at 13 rigs (eight weeks in a row). And West Virginia maintained its 7 rigs, which it has operated since May 30 (25 weeks in a row). There were 23 rigs targeting the Marcellus and 14 targeting the Utica. Read More “U.S. Rig Count Adds 1 @ 549; Marcellus/Utica Unchanged @ 37”

Last week, the Baker Hughes U.S. national rig count gained rigs again after dropping rigs in the prior week. The national count added two rigs, going from 546 to 548. The BH rig count has added rigs in three of the last four weeks. Rigs in the Marcellus/Utica remained the same last week at a combined 37, the same number for six weeks in a row. Pennsylvania remained unchanged at 17 active rigs (six weeks in a row). Ohio was the same at 13 rigs (seven weeks in a row). And West Virginia maintained its 7 rigs, which it has operated since May 30 (24 weeks in a row). There were 23 rigs targeting the Marcellus and 14 targeting the Utica. Read More “U.S. Rig Count Adds 2 @ 548; Marcellus/Utica Unchanged @ 37”

Last week, the Baker Hughes U.S. national rig count lost rigs after adding rigs for two consecutive prior weeks. The national count dropped four from 550 to 546. Baker Hughes said last week’s decline puts the total rig count down 39 rigs, or 7% below the same time last year. Rigs in the Marcellus/Utica remained the same last week at a combined 37 rigs, the same number for five weeks in a row. Pennsylvania remained unchanged at 17 active rigs. Ohio was the same at 13 rigs. And West Virginia maintained its 7 rigs, which it has operated since May 30. There were 23 rigs targeting the Marcellus and 14 targeting the Utica. Read More “U.S. Rig Count Drops 4 @ 546; Marcellus/Utica Remains Even @ 37”