U.S. oil and gas rig count climbed five rigs to 593 for the week ending August 14 according to Baker Hughes data, as gains in Haynesville (+3), Permian (+2), Anadarko (+1) and All Other (+1) outpaced a two-rig decline in Gulf of Mexico. Haynesville's three-rig gain pushed it to 72, its highest level since May 2023 and up 20 rigs (+38%) from this week last year. Gas-directed rigs climbed to 128 (+4) and oil-directed rigs edged up to 455 (+1), while miscellaneous rigs were unchanged at 10. Total U.S. rig count is up 42 over the last 90 days and now stands 54 rigs above this week in 2025.
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- Analyst Insight
U.S. Rig Count Unchanged at 588; Permian Gains Offset by Other Declines
U.S. oil and gas rig count was unchanged at 588 for the week ending August 7 according to Baker Hughes data, as a three-rig gain in Permian and a one-rig gain in Gulf of Mexico were offset by a one-rig decline in Appalachia and a three-rig decline in All Other.
- Analyst Insight
U.S. Rig Count Edges Up One to 581; Eagle Ford and Offshore Gains Eclipse Permian Pullback
U.S. oil and gas rig count edged up one rig to 581 for the week ending July 10 according to Baker Hughes data, as gains in the Eagle Ford (+3) and Gulf of Mexico (+3) eclipsed a five-rig decline in Permian, with all other basins unchanged. Oil-directed rigs were unchanged at 445 and gas-directed rigs were unchanged at 126, while miscellaneous rigs climbed to 10 (+1). Total U.S. rig count is up 36 over the last 90 days and now stands 44 rigs above this week in 2025.
- Analyst Insight
U.S. Rig Count Unchanged at 588; Gas Rigs Approach February High as Oil Retreats
U.S. oil and gas rig count was unchanged at 588 for the week ending August 28 according to Baker Hughes data, as one-rig gains in the Haynesville and All Other were offset by one-rig declines in Appalachia and the Gulf of Mexico.
