M-U Rigs Steady @ 35; National Rig Count Drops Another Rig @ 582

The Baker Hughes national rig count dropped another rig last week and now sits at 582. The national count continues to be rangebound between 581 and 589 since June. Slicing the national count slightly differently—by oil-focused vs. gas-focused rigs—oil rigs fell by two to 477 last week, their lowest since July, while gas rigs rose…

The post M-U Rigs Steady @ 35; National Rig Count Drops Another Rig @ 582 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.