U.S. oil and gas rig count gained one rig to 563 for the week ending June 5 according to Baker Hughes data, with little movement across most basins, as a two-rig gain in the Permian offset a one-rig decline in Anadarko and all other basins were unchanged. Oil-directed rigs edged up to 431 (+2) while gas-directed rigs slipped to 124 (-1) and miscellaneous rigs were unchanged at 8. Total U.S. rig count is up 12 over the last 90 days and now stands 4 rigs above this week in 2025, crossing into positive year-over-year territory for the first time since May 2023.
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- Analyst Insight
U.S. Rig Count Slips One to 562; Gas Rigs Hit Lowest Level Since October as Oil Activity Climbs
U.S. oil and gas rig count slipped one rig to 562 for the week ending June 12 according to Baker Hughes data, as a two-rig decline in Gulf of Mexico outweighed gains in Anadarko (+1), the Eagle Ford (+1) and Haynesville (+1), while Permian (-1) and All Other (-1) also declined.
- 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 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.
