U.S. oil and gas rig count gained three rigs to 547 for the week ending May 1 according to Baker Hughes data, as gains in the Eagle Ford (+1), Haynesville (+1) and All Other (+3) eclipsed declines in the Niobrara (-1) and Permian (-1). Haynesville's one-rig gain brought it to 67, matching its highest level since May 2023 and up 22 rigs (+49%) from this week last year, even as the broader count remains well below year-ago levels. Oil-directed rigs edged up to 408 (+1) and gas-directed rigs climbed to 130 (+1), while miscellaneous rigs rose to 9 (+1). Total U.S. rig count is up one over the last 90 days but remains 37 rigs below this week in 2025.
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- Analyst Insight
U.S. Rig Count Rebounds Five to 548; Eagle Ford Leads Recovery
U.S. oil and gas rig count gained five rigs to 548 for the week ending April 2 according to Baker Hughes data, published Thursday ahead of the Good Friday holiday, as gains in the Eagle Ford (+3), Haynesville (+1), Niobrara (+1) and Permian (+1) more than offset a one-rig decline in the Bakken.
- 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.
- Analyst Insight
U.S. Rig Count Falls Nine to 543; Broad Declines Sweep Most Basins
U.S. oil and gas rig count fell by nine rigs to 543 for the week ending March 27 according to Baker Hughes data, its largest weekly decline since Thanksgiving, as widespread declines in All Other (-5), Appalachia (-2), Permian (-2), Anadarko (-1) and Gulf of Mexico (-1) overwhelmed gains in the Bak
