West Virginia

Last week, the combined Marcellus/Utica Baker Hughes rig count remained at 37 active rigs for the fifth week in a row. The M-U’s chief competitor, the Haynesville, added one rig and now runs 56 active rigs, some 19 more than the M-U (bummer). The national count added one rig last week and now operates 544 rigs. Baker Hughes said oil rigs fell by three to 407 last week, their lowest since February, while gas rigs rose by four to 129, their highest since early April. Other miscellaneous rigs held steady at eight. Read More “M-U Rigs Even @ 37; Haynesville Up 1 @ 56; Nat’l Up 1 @ 544”

Last week, the Marcellus/Utica combined count maintained the same number of 37 active rigs for the fourth week in a row. The M-U’s chief competitor, the Haynesville, lost one rig and now runs 55 active rigs, some 18 rigs more than the M-U. The national count lost another two rigs last week and now operates 543 rigs. Baker Hughes said oil rigs fell by one to 410 last week, their lowest since late March, while gas rigs fell by two to 125, their lowest since January, and other miscellaneous rigs rose by one to eight. Read More “M-U Rigs Even @ 37; Haynesville Down 1 @ 55; Nat’l Down 2 @ 543”

Last week was status quo for the rig count. The Marcellus/Utica combined count maintained the same number of 37 active rigs, the third week in a row after Pennsylvania lost two rigs in March (see PA Loses 2 Rigs from Marcellus, Combined M-U Lowest Since Nov. 2025). The M-U’s chief competitor, the Haynesville, maintained its count of 56 active rigs, some 19 rigs more than the M-U. The national count lost three rigs last week and now operates 545 rigs. Read More “M-U Rigs Even @ 37; Haynesville Even @ 56; Nat’l Count Down 3 @ 545”

Two weeks ago, the Pennsylvania Marcellus lost 2 rigs, leading to the lowest combined M-U count since last November (see PA Loses 2 Rigs from Marcellus, Combined M-U Lowest Since Nov. 2025). Last week, the count in the M-U stayed the same—no increases, no decreases. However, our chief competitor, the Haynesville, added another rig, with a new total of 56 active rigs, some 19 rigs more than the M-U’s combined 37 active rigs. The Haynesville continues to add rigs even though it’s cheaper to drill in the M-U. Which exposes the lie from those who want to heap more regulations and taxes on drilling in the M-U because “this is where the gas is” and “drillers can’t go anywhere else.” Turns out, there’s gas elsewhere, too. And drillers are voting (and walking) with their dollars. Read More “M-U Rigs Even @ 37; Haynesville Adds 1 @ 56; Nat’l Count Up 5 @ 548”