U.S. oil and gas rig count was unchanged at 588 for the week ending August 7 according to Baker Hughes data, as a three-rig gain in the Permian and a one-rig gain in the Gulf of Mexico were offset by a one-rig decline in Appalachia and a three-rig decline in All Other. Oil-directed rigs climbed to 454 (+3) while gas-directed rigs declined to 124 (-3) and miscellaneous rigs were unchanged at 10. Total U.S. rig count is up 40 over the last 90 days and now stands 49 rigs above this week in 2025.
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- 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 Climbs Five to 593; Haynesville Reaches Highest Level Since May 2023
U.S. oil and gas rig count climbed five rigs to 593 for the week ending August 14 according to Baker Hughes data, as gains in Haynesville (+3), Permian (+2), Anadarko (+1) and All Other (+1) outpaced a two-rig decline in Gulf of Mexico.
- Analyst Insight
U.S. Rig Count Up Seven to 588; Permian Paces Gains as Oil-Directed Rigs Climb
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.
