U.S. Rig Count Down 9th Week in a Row, M-U Holds, Haynesville -6

The weekly rig count for the U.S. has continued to be anemic for over two months now. With its venerable rig count, Baker Hughes reported last Friday that overall, the U.S. rig count continued to bleed rigs–down another eight rigs to 674 in the week ending June 30. That’s the lowest count since April 2022,…

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