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,…
The post U.S. Rig Count Sees Small Increase – Adds 4 @ 622, M-U Adds 1 @ 40 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.