US oil and gas rig count begins 2025 at 589 rigs, down 32 from the opening week of 2024. Rig count was unchanged from the prior week, marking a streak of four consecutive weeks with no change. The Permian accounts for over half of all rigs at 304, followed by the Eagle Ford (54), Anadarko (39), Bakken (37), Appalachia (34), Haynesville (32), Niobrara (20) and Gulf of Mexico (13). Total rigs in All Other basins stand at 56. Total US rig count is up four in the last 90 days. Oil-directed rigs account for most of US drilling activity at 482, while gas-directed rigs (located primarily in the Haynesville and Appalachia) stand at 103 and miscellaneous rigs at four.
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- Analyst Insight
US Rig Count Stands At 589, Unchanged vs. Last Week
US oil and gas rig count was unchanged at 589 for the week ending December 13 according to Baker Hughes data.
- Analyst Insight
US Rig Count Up Seven On Gains In Multiple Basins After Weeks of Stagnation
US oil and gas rig count grew by seven for the week ending December 6, the largest weekly gain since September, climbing to 589 according to Baker Hughes. The Permian (+1), Bakken (+1), Gulf of Mexico (+1) and All Other (+5) basins all posted gains, while the Anadarko (-1) was the only basin to post a decline. Within the All Other group, rigs were added in Granite Wash (+2) in the Texas panhandle, Monterey Shale (+1) in California, Uinta (+1) in Utah, and East Texas Other (+1). Total US rig count is up seven in the last 90 days, and down 37 vs. this week a year ago. Oil-directed rigs climbed to 482 (+5) while gas-directed rigs grew to 102 (+2) and miscellaneous rigs were unchanged and stand at five.
- Analyst Insight
US Rig Count Slides To 576 On Losses in Permian
US oil and gas rig count fell to 576 for the week ending January 24, a decline of four vs. a week ago and marking the first week below 580 in four years according to Baker Hughes data. Rigs were added in the Eagle Ford (+2) and Anadarko (+1), while the Permian (-6) and All Other (-1) both posted week-on-week declines. Total US rig count is down nine in the last 90 days, and down 45 from this week a year ago. Oil-directed rigs stand at 472 (-6), while gas-directed rigs stand at 99 (+1) and miscellaneous rigs at five (+1).
