Crash Continues – U.S. Rig Count Cuts 7 @ 623, M-U Loses 1 @ 38
Two weeks ago, the U.S. rig count erased a couple of weeks of anemic gains by dropping 11 rigs from the total, sinking to 630 active rigs, the lowest count since February of 2022 (see Dead Cat Bounce? U.S. Rig Count Cut 11 @ 630, M-U Stays Even @ 39). The active count in the
Source: marcellusdrilling.com