“Normally there is very little reason to get excited about the addition of three rigs and 30 industry employees statewide from one month to the next,” Ingham said, referring to changes from August to September. “But when they represent the first increases in over a year and a half, and on the heels of the worst demand contraction on record thanks to COVID, the numbers are very exciting because hopefully they signal the beginning of the end of this nasty downturn.”
