U.S. oil and gas rig count fell by one rig to 552 for the week ending March 20 according to Baker Hughes data, as declines in All Other (-4), Niobrara (-3) and Eagle Ford (-1) outweighed gains in the Bakken (+3), Anadarko (+2) and Permian (+2). Oil-directed rigs climbed to 414 (+2) while gas-directed rigs fell to 131 (-2), extending their retreat from the nearly three-year high of 134 reached two weeks ago, and miscellaneous rigs declined to 7 (-1). Total U.S. rig count is up four over the last 90 days but remains 41 rigs below this week in 2025.
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- Analyst Insight
U.S. Rig Count Up One to 551; Eagle Ford Leads Gains as Gas Rigs Retreat from Recent Highs
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).
- Analyst Insight
U.S. Rig Count Up Two to 553: Offshore Gains Lead Additions
U.S. oil and gas rig count gained two rigs to 553 for the week ending March 13 according to Baker Hughes data, as gains in Gulf of Mexico (+2), Haynesville (+1), Niobrara (+1) and All Other (+1) outpaced declines in the Eagle Ford (-1), Bakken (-1) and Anadarko (-1).
- Analyst Insight
Big Boost In Haynesville Leads U.S. Rig Growth To Begin February
A significant gain in the Haynesville drove U.S. rig count higher for the week ending February 6, climbing to 551 according to Baker Hughes data. The Haynesville added six rigs on the week to reach a multi-year high of 64 rigs.
