U.S. oil and gas rig count climbed five rigs to 603 for the week ending October 9 according to Baker Hughes data, crossing the 600-rig mark for the first time since May 2024. A four-rig gain in Permian paced advances in Gulf of Mexico (+2) and the Eagle Ford (+1), outweighing declines in Haynesville (-1) and Anadarko (-1). Oil-directed rigs climbed to 462 (+6) while gas-directed rigs edged down to 132 (-1) and miscellaneous rigs were unchanged at 9. Total U.S. rig count is up 22 over the last 90 days and now stands 54 rigs above this week in 2025.
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U.S. Rig Count Down One to 598; Gas Rigs Pull Back From Last Week's High
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