Rig count increases remain steady.

Another week of steady increases was reported for the past week’s U.S. rig count.

According to Enverus Rig Analytics, the count is up 9% in the last month, but down 51% year-over-year, with no significant changes in major basins on the week. Of note, however, is that Wyoming had one operating rig last week and added four new rigs for a total of five rigs. Pennsylvania also added two rigs.

Most major basins have experienced a recovery in drilling activity since the start of the second quarter led by the Permian Basin. The U.S. Gulf Coast, which includes the Eagle Ford Shale, increase has nearly doubled for the same quarterly period. Meanwhile, the Appalachian and Williston basins have lagged behind these gains.

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