U.S. Rig Count Drops Another 6 Rigs, Now Lowest Level in 16 Mos.

For the second week in a row and the 11th time in the last 12 weeks, the U.S. active rig count lost rigs. Last week the number decreased by six rigs, after falling five rigs the week before (see U.S. Rig Count Drops 5 Erasing Most Gains – M-U Stays Even 2nd Wk). Fortunately, the…

The post U.S. Rig Count Drops Another 6 Rigs, Now Lowest Level in 16 Mos. first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.