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Baker Hughes U S Rig Count Adds 1 @ 604, M-U Even @ 40 | Marcellus Drilling News

Baker Hughes U S Rig Count Adds 1 @ 604, M-U Even @ 40 | Marcellus Drilling News
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Baker hughesCount dropsAmu even

U S Rig Count Adds 1 @ 626, M-U Even @ 41 but PA Down 1, WV Up 1

The Baker Hughes U.S. rig count hit a new low for 2023 five weeks ago (see U.S. Rig Count Hits New 2023 Low – Loses 2 @ 616, M-U Even @ 40). Since then, the count has steadily added at least one rig each week and now stands at 626 active rigs as of Friday.

West virginiaUnited statesMarcellus uticaBaker hughesCount hits newAmu evenIndustrywide issuesStatewide paStatewide wv

U S Rig Count Climbs Again – Adds 3 @ 625, M-U Adds 1 @ 41

While the rig count remains anemic, it shows signs of life. Last week, the U.S. rig count added rigs for the third week in a row. The rig count hit a new low for 2023 one month ago (see U.S. Rig Count Hits New 2023 Low – Loses 2 @ 616, M-U Even @ 40).

United statesMarcellus uticaCount hits newAmu evenIndustrywide issues

U S Rig Count Sees Small Increase – Adds 4 @ 622, M-U Adds 1 @ 40

The dead cat bounce bounced a little higher last week (i.e., the slight bounce a dead cat makes when it hits the ground). The rig count hit a new low for 2023 three weeks ago (see U.S. Rig Count Hits New 2023 Low – Loses 2 @ 616, M-U Even @ 40). Two weeks ago,

United statesMarcellus uticaCount hits newAmu evenCount small increaseMu losesIndustrywide issuesStatewide ohStatewide paStatewide wvWest virginia

U S Rig Count Small Increase – Adds 2 @ 618, M-U Loses 1 @ 39

Another dead cat bounce in the rig count (i.e., the slight bounce a dead cat makes when it hits the ground). The "dead" rig count hit a new low two weeks ago (see U.S. Rig Count Hits New 2023 Low – Loses 2 @ 616, M-U Even @ 40). Last week, the count increased by

United statesMarcellus uticaCount hits newAmu evenIndustrywide issues