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.
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- 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 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 Edges Up One to 563; Year-Over-Year Count Turns Positive for First Time Since May 2023
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 Permian offset a one-rig decline in Anadarko and all other basins were unchanged.
