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. Oil-directed rigs climbed to 425 (+10), their biggest single-week gain since February 2023, while gas-directed rigs fell to 125 (-3) and miscellaneous rigs were unchanged at 8. Total U.S. rig count is up seven over the last 90 days and now stands just 8 rigs below this week in 2025, the narrowest year-over-year gap since May 2023.
| 5/22/26 | vs. Last Week | vs. Last Year | |
|---|---|---|---|
| Permian | 250 | +4 | –30 |
| Eagle Ford | 46 | +2 | +3 |
| Haynesville | 67 | –1 | +22 |
| Anadarko | 44 | – | –8 |
| Appalachia | 36 | – | –1 |
| Bakken | 28 | – | –3 |
| Niobrara | 21 | – | +1 |
| Gulf of Mexico | 10 | +2 | +1 |
| All Other | 56 | – | +7 |
| Total | 558 | +7 | –8 |
