Baker Hughes | Energy Services | Industrywide Issues | Ohio | Pennsylvania | Research | West Virginia
U.S. Rig Count Drops 4 @ 546; Marcellus/Utica Remains Even @ 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”
MARCELLUS/UTICA REGION: PA DEP solicits bids on 2 contracts to plug 25 abandoned conventional wells; Pennsylvania and New Jersey’s race to the bottom; OTHER U.S. REGIONS: Wind and solar blackouts threaten New England; Connecticut and Maine team up to fast-track renewables; Unitil completes purchase of Maine Natural Gas Company; Oregon judge calls out ‘gob smacking’ failure of climate litigation attorneys; Can NY Democrats even DELAY the energy crisis their laws are creating?; NATIONAL: Trump says Canada trade talks won’t resume, contradicting Energy Sec; Trump administration announces $100 million in funding to upgrade coal plants; U.S. coal exports declined 11% in the first half of 2025 due to reduced exports to China; Plastics “Pact” harms consumers; INTERNATIONAL: Oil steadies ahead of OPEC+ talks; OPEC+ 8 decide to implement output adjustment; The global tug-of-war that sets oil prices; China buyers shun Russian oil amid sanctions; Is the IEA now telling us that we need more oil for longer? 
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On August 17, Eureka Resources’ Williamsport Second Street facility (one of the three plants previously operated by Eureka) leaked some of its stored untreated wastewater, which ended up in the nearby Susquehanna River via a storm drain (see 
Range Resources issued its third quarter 2025 update on Wednesday. Range’s production averaged 2.23 Bcfe/d in 3Q, approximately 69% natural gas. Range used two rigs and drilled ~262,000 lateral feet across 16 wells, while turning to sales ~228,000 lateral feet across 15 wells. 3Q25 drilling and completion expenditures were $165 million. In addition to D&C spending, Range spent approximately $16 million on acreage and $9 million on infrastructure, pneumatic devices, and other investments. CEO Dennis Degner stated during the earnings call that the company remains encouraged by the early activity in Pennsylvania, particularly with gas-fired power generation for data center projects. Degner said he’s convinced more than ever that data centers will create another 2.5 Bcf/d (billion cubic feet per day) of demand for Marcellus/Utica drillers like Range. 
DT Midstream (DTM), headquartered in Detroit, owns significant assets in the Marcellus/Utica region, as well as in other regions, including the Haynesville. The company recently issued its third quarter report with some interesting updates. Among the pipeline projects discussed during the update were Vector, Midwestern Gas Transmission, Millennium, and NEXUS. It was chatter about NEXUS and the AI data center market that caught our interest. 
Cayuga Station, owned by Duke Energy, is a three-unit coal-fired power plant built between 1970 and 1993 in Vermillion County, Indiana. The existing plant produces up to 1,040 megawatts (MW) of electricity. Earlier this year, Duke filed a request with the Indiana Utility Regulatory Commission (IURC) for permission to build two new gas-fired units at the Cayuga site to replace the coal-fired units (see 
During the third quarter, Expand Energy, formed by the merger of Chesapeake Energy and Southwestern Energy in late 2024, significantly expanded its portfolio by acquiring 82,500 new acres across the Marcellus and Haynesville shale plays for approximately $235 million. The company added approximately 7,500 acres in the Marcellus in Ohio and West Virginia for $57 million, which can accommodate over 40 well locations. The larger acquisition involved 75,000 acres in the western Haynesville for $178 million, with the potential for over 200 locations. Expand, which produced 7.33 Bcfe/d (92% natural gas), reported strong financial results for the quarter, including nearly $3 billion in revenue and a profit of $547 million. The company produced 7.2 Bcfe/d in 2Q25. Expand is the largest natural gas producer in the country. 
Yesterday, Ohio Governor Mike DeWine and JobsOhio (a private nonprofit economic development corporation) launched the $100 million JobsOhio Energy Opportunity Initiative, a five-year fund to bolster economic development through energy production. The initiative will provide grants and low-interest loans to qualifying companies to offset costs related to natural gas, power generation, and nuclear power, specifically Small Modular Reactors (SMRs). 
The Northeast Supply Enhancement Project (NESE), part of the mighty Transco pipeline system, is alive once again. A decade after Williams Cos. first proposed the $1-billion-plus natural gas pipeline and a year after the company scrapped it, the 400 MMcf/d capacity expansion for New York City and Long Island has been revived. This revival, primarily attributed to a shift in Washington’s political climate, resulted in a new FERC approval. Now, state regulators in New York and New Jersey are deliberating on the necessary water-quality permits. Once both NY and NJ issue those permits, it will be (more or less) smooth sailing to the construction and completion of the project. 
Representatives from Clean Air Council, Earthworks, Environmental Health Project, Environmental Integrity Project (EIP), and Protect PT, some of the worst of the worst radical “green” groups in the Keystone State, rallied at the Pennsylvania State Capitol yesterday to demand (they always demand) that Pennsylvania’s Environmental Quality Board (EQB) accept their petition to consider drafting a new setback regulation in the state that would effectively ban all new shale drilling. 
The Penn State Extension has developed a helpful reference guide listing common water testing parameters for well owners. This resource helps owners determine if contamination from oil and gas drilling, pipelines, and related infrastructure is affecting their water quality. Key parameters include: alkalinity, arsenic, barium, bromide, BTEX (benzene, toluene, ethylbenzene, xylene), chloride, gross alpha radiation, methane/ethane, and strontium. The reference also provides sources for additional information. 
LNG exports continue to be an exceptional (and very hungry) customer for domestic U.S. natural gas. Over the past week, feedgas flowing to LNG facilities set a new all-time high record. We achieved a new record of 17.4 Bcf/d (billion cubic feet per day) of feedgas for LNG last Sunday, surpassing the previous record set the day before at 17.3 Bcf/d. Another record, the monthly average, is also set to fall. April 2025 is the current reigning champ for average LNG feedgas use at 16.0 Bcf/d. October is on track to surpass it, averaging 16.6 Bcf/d as of October 27 (with just a few days left in the month).