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. The Permian has now added 14 rigs over the past three weeks, driving much of the recent recovery. Oil-directed rigs climbed to 429 (+4) while gas-directed and miscellaneous rigs were both unchanged at 125 and 8, respectively. Total U.S. rig count is up 12 over the last 90 days and now stands just 1 rig below this week in 2025, the narrowest year-over-year deficit since May 2023.

5/29/26 vs. Last Week vs. Last Year
Permian 255 +5 –24
Eagle Ford 46 +3
Haynesville 67 +22
Anadarko 43 –1 –8
Appalachia 36
Bakken 28 –3
Niobrara 21 +1
Gulf of Mexico 9 –1
All Other 57 +1 +8
Total 562 +4 –1