Tag: Marcellus

Secretary Chris Wright Targets $42 Million in Defense Production Act Funding to Advance Constitution Pipeline, Aiming to Cut Costs for New York and New England Consumers

Clark Savage464

On October 19, 2026, the U.S. Department of Energy announced it will use up to $42 million in Defense Production Act (DPA) Title III funding to advance the long-stalled Constitution Pipeline. The 125-mile natural gas line would move up to 650,000 dekatherms per day of Marcellus Shale gas from northeastern Pennsylvania into New York, connecting […]

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ENB Weekly Rig Count Comparison of Baker Hughes, Enverus and WellDatabase — Rigs Are Up

Clark Savage657

As of mid-October 2026, U.S. drilling activity continues to firm. Baker Hughes reported its closely watched weekly rotary rig count at 603 for the week ending October 9 (up 5 week-over-week and up 56 year-over-year from 547). WellDatabase’s U.S. Rig Report dated 10.14.2026 showed 608 total rigs (up 6 week-over-week and up 52 year-over-year). Enverus’ […]

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Weekly Rig Report: Baker Hughes Flat at 588, WellDatabase at 601 After a North Dakota Reclass, Enverus Still Running Higher

Clark Savage786

The three major U.S. rig tallies are telling the same structural story and three different weekly headlines. Baker Hughes held unchanged at 588 for a second straight week. WellDatabase printed 601, down 30 week over week but up 23 year over year. Enverus’s GPS-based daily count continues to run well above both weekly censuses, last […]

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U.S. Weekly Rig Count Rises Sharply to 557 as Oil Activity Strengthens in Core Basins

Clark Savage1762

The latest U.S. Rig Report from WellDatabase, dated June 12, 2026, shows the total active U.S. rig count at 557 — up 15 rigs week-over-week and +2 year-over-year. This marks a meaningful rebound after a period of relative stability.energynewsbeat.co The increase was driven primarily by oil-directed drilling, with gains concentrated in the Permian Basin and […]

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Oil Over $100 and Rig Count Goes Up

Clark Savage470

As of March 15, 2026, global oil markets are buzzing with Brent crude prices climbing to $103.82 per barrel, marking a significant milestone above the $100 threshold amid ongoing geopolitical tensions and supply disruptions in key regions like the Strait of Hormuz. Meanwhile, West Texas Intermediate (WTI) crude is hovering just below at $99.30, reflecting […]

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