U.S. oil and gas rig count gained three rigs to 551 for the week ending May 15 according to Baker Hughes data, as a four-rig gain in Permian paced advances in Anadarko (+1), Haynesville (+1) and All Other (+1), while Appalachia (-1), the Eagle Ford (-1), Gulf of Mexico (-1) and the Niobrara (-1) all declined. Oil-directed rigs climbed to 415 (+5) while gas-directed rigs slipped to 128 (-1) and miscellaneous rigs declined to 8 (-1). Total U.S. rig count has recovered to its level from 90 days ago, and now stands just 24 rigs below this week in 2025, the smallest year-over-year deficit in roughly a year.
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- Analyst Insight
U.S. Rig Count Gains Four to 562; Year-Over-Year Gap Closes to One Rig
U.S. oil and gas rig count gained four rigs to 562 for the week ending May 29 according to Baker Hughes data, as a five-rig gain in Permian and a one-rig gain in All Other outweighed declines in Anadarko (-1) and Gulf of Mexico (-1); all other basins were unchanged.
- Analyst Insight
U.S. Rig Count Jumps Seven to 558; Oil-Directed Rigs Post Biggest One-Week Gain Since 2023
U.S. oil and gas rig count gained seven rigs to 558 for the week ending May 22 according to Baker Hughes data, as gains in Permian (+4), the Eagle Ford (+2) and Gulf of Mexico (+2) more than offset a one-rig decline in the Haynesville. All other basins were unchanged.
- Analyst Insight
U.S. Rig Count Edges Up One to 544; Gas Rigs Rebound as Oil-Directed Decline
U.S. oil and gas rig count gained one rig to 544 for the week ending April 24 according to Baker Hughes data, as the Eagle Ford (+1) and Anadarko (+1) each added a rig while Gulf of Mexico shed one; all other basins were unchanged.
