U.S. oil and gas rig count gained seven rigs to 588 for the week ending July 17 according to Baker Hughes data, as Permian (+3), Anadarko (+2) and All Other (+2) all posted gains while all other basins held steady. Oil-directed rigs climbed to 452 (+7) while gas-directed rigs were unchanged at 126 and miscellaneous rigs were unchanged at 10. Total U.S. rig count is up 45 over the last 90 days and now stands 44 rigs above this week in 2025.
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- Analyst Insight
U.S. Rig Count Edges Up One to 581; Eagle Ford and Offshore Gains Eclipse Permian Pullback
U.S. oil and gas rig count edged up one rig to 581 for the week ending July 10 according to Baker Hughes data, as gains in the Eagle Ford (+3) and Gulf of Mexico (+3) eclipsed a five-rig decline in Permian, with all other basins unchanged. Oil-directed rigs were unchanged at 445 and gas-directed rigs were unchanged at 126, while miscellaneous rigs climbed to 10 (+1). Total U.S. rig count is up 36 over the last 90 days and now stands 44 rigs above this week in 2025.
- Analyst Insight
U.S. Rig Count Edges Up One to 588 to Close Out July; Permian Leads Modest Gains
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).
- Analyst Insight
U.S. Rig Count Down One to 587; Gas Rigs Climb while Oil Rigs Retreat
U.S. oil and gas rig count fell by one rig to 587 for the week ending July 24 according to Baker Hughes data, as declines in Gulf of Mexico (-1), Permian (-1) and All Other (-1) outweighed gains in Haynesville (+1) and Niobrara (+1).
