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 Unchanged for Second Straight Week at 588; Permian and Niobrara Offset Gulf and Appalachia
U.S. oil and gas rig count was unchanged for the second consecutive week, holding at 588 for the week ending September 4 according to Baker Hughes data, as one-rig gains in the Permian and Niobrara were matched by one-rig declines in Appalachia and the Gulf of Mexico.
- Analyst Insight
U.S. Rig Count Unchanged at 588; Gas Rigs Approach February High as Oil Retreats
U.S. oil and gas rig count was unchanged at 588 for the week ending August 28 according to Baker Hughes data, as one-rig gains in the Haynesville and All Other were offset by one-rig declines in Appalachia and the Gulf of Mexico.
