U.S. oil and gas rig count edged up one rig to 551 for the week ending March 6 according to Baker Hughes data, as gains in the Eagle Ford (+3), Permian (+1) and Gulf of Mexico (+1) more than offset declines in Appalachia (-1), the Bakken (-1), Haynesville (-1) and All Other (-1). Oil-directed rigs grew to 411 (+4) while gas-directed rigs retreated to 132 (-2), pulling back from last week's nearly three-year high of 134, and miscellaneous rigs fell to 8 (-1). Total U.S. rig count is up seven over the last 90 days but remains 41 rigs below the same week in 2025.

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