Baker Hughes Reports Uptick in U.S. Rig Count

Baker Hughes Reports Uptick in U.S. Rig Count

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, following a string of losses for US drillers. The total rig count in the US rose by 7 to 544 rigs, according to Baker Hughes, down 42 from this same time last year. The number of oil rigs fell by 2 to 422 after falling by 7 during the previous week—and down by 55 compared to this time last yea…

US drillers increase oil and gas rig count for the first time in months

U.S. energy firms added seven oil and gas rigs this week, marking the first increase in 12 weeks and the biggest weekly gain since December, Reuters reports.  The total rig count now stands at 544, according to Baker Hughes, though that’s still 7% below last year. Oil rigs fell by two to their lowest count since September 2021, while gas rigs surged by nine—their largest weekly jump since July 2023. Notably, the Haynesville shale region in Arkan…

US Drillers Add Oil and Gas Rigs For First Time in 12 Weeks, Baker Hughes Says - Energy News, Top Headlines, Commentaries, Features & Events

(Reuters) – U.S. energy firms this week added oil and natural gas rigs for the first time in 12 weeks, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, rose by seven, its biggest weekly increase since December, to ...

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This week’s Baker Hughes Rig Count shows that the U.S. increased by 7 over last week, resulting in a total count of 544 rigs. Canada had an increase of 10 over last week, resulting in a total Canadian count of 172 rigs. Breakdown by region Of the regions tracked by Baker Hughes, only the Haynesville region experienced an increase this week. Meanwhile, 1 region experienced a decrease this week: The Permian is at 263, down 2.   Major Basin Variance