Energy Services

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”