U.S. oil and gas rig count was unchanged at 603 for the week ending October 16 according to Baker Hughes data, holding above 600 for a second consecutive week, as gains in Gulf of Mexico (+1) and All Other (+4), driven by a four-rig increase in the Uinta, offset declines in Haynesville (-2), Permian (-2) and the Niobrara (-1). Oil-directed rigs declined to 459 (-3) while gas-directed rigs edged up to 133 (+1) and miscellaneous rigs climbed to 11 (+2). Total U.S. rig count is up 15 over the last 90 days and now stands 56 rigs above this week last year.

October 16, 2026 Rigs WoW YoY
Permian 272 -2 22
Eagle Ford 51 0 4
Haynesville 66 -2 12
Anadarko 49 0 10
Appalachia 33 0 -4
Bakken 35 0 5
Niobrara 23 -1 5
Gulf of Mexico 11 1 0
All Other 63 4 2
Total 603 0 56