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 Adds Five Rigs, Tops 600 for First Time in Over Two Years
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.
- Analyst Insight
U.S. Rig Count Up Four to 599; Gas Rigs Climb to Highest Level Since July 2023
U.S. oil and gas rig count gained four rigs to 599 for the week ending September 25 according to Baker Hughes data, as gains in Anadarko (+1), Gulf of Mexico (+1), Permian (+1) and All Other (+2) eclipsed a one-rig decline in the Eagle Ford.
- 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.
