U.S. oil and gas rig count fell by two rigs to 543 for the week ending April 17 according to Baker Hughes data, as declines in Gulf of Mexico (-2), Haynesville (-1) and the Eagle Ford (-1) outweighed gains in All Other (+2). Gas-directed rigs fell to 125 (-2) and oil-directed rigs slipped to 410 (-1), while miscellaneous rigs edged up to 8 (+1). Total U.S. rig count is unchanged over the last 90 days but remains 42 rigs below this week in 2025.
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- Analyst Insight
U.S. Rig Count Edges Up One to 544; Gas Rigs Rebound as Oil-Directed Decline
U.S. oil and gas rig count gained one rig to 544 for the week ending April 24 according to Baker Hughes data, as the Eagle Ford (+1) and Anadarko (+1) each added a rig while Gulf of Mexico shed one; all other basins were unchanged.
- Analyst Insight
U.S. Rig Count Slips Three to 545; Gulf of Mexico Gains Overshadowed by Broad Declines
U.S. oil and gas rig count fell by three rigs to 545 for the week ending April 10 according to Baker Hughes data, as declines in All Other (-3), the Eagle Ford (-2), Anadarko (-1) and the Bakken (-1) outpaced gains in Gulf of Mexico (+3) and Niobrara (+1).
- Analyst Insight
U.S. Rig Count Edges Up One to 548; Year-Over-Year Gap Narrows to Smallest Since January
U.S. oil and gas rig count gained one rig to 548 for the week ending May 8 according to Baker Hughes data, with little movement across most basins.
