U.S. oil and gas rig count edged up one rig to 588 for the week ending July 31 according to Baker Hughes data, as gains in Permian (+2) and Gulf of Mexico (+1) more than offset declines in the Niobrara (-1) and All Other (-1). Oil-directed rigs edged up to 451 (+1) while gas-directed rigs were unchanged at 127 and miscellaneous rigs were unchanged at 10. Total U.S. rig count is up 41 over the last 90 days and now stands 48 rigs above this week in 2025.

7/31/26 vs. Last Week vs. Last Year
Permian 260 +2
Eagle Ford 51 +9
Haynesville 69 +19
Anadarko 48 +7
Appalachia 36
Bakken 27 –4
Niobrara 23 –1 +5
Gulf of Mexico 12 +1 +1
All Other 62 –1 +11
Total 588 +1 +48