For the past month and a half, MDN has brought you rig count data from Enverus (formerly Drillinginfo) each Friday. Last Friday we reported the count had hit a new modern-day low, but that the Marcellus had gained back one of the seven rigs lost over a previous three week period (see Enverus: Drop in Rig Count Slows Again, Marcellus Picks Up 1 Rig). Today’s update shows rigs hitting another new modern-day low, with the Marcellus giving up the rig it gained last week. How much lower can the rig count go?
This post appeared first on Marcellus Drilling News.