US Oil and Gas Rig Count Down for 11th Week to Lowest Since 2021, Baker Hughes Says - Energy News, Top Headlines, Commentaries, Features & Events

US Oil and Gas Rig Count Down for 11th Week to Lowest Since 2021, Baker Hughes Says - Energy News, Top Headlines, Commentaries, Features & Events

(Reuters) – U.S. energy firms this week cut the number of oil and natural gas rigs operating for an 11th week in a row for the first time since July 2020 when the COVID-19 pandemic cut demand for the fuel, energy services firm Baker Hughes said in its closely followed report on Friday. The oil ...

Nation’s oil and gas rig count fell for the 11th straight week and Oklahoma was part of it - Oklahoma Energy Today

For the 11th consecutive week, the nation's number of active oil and gas drilling rigs declined in the past week, reaching the lowest total since October 2021. The U.S. rig count fell by two to 537, reported Baker Hughes Co. on Friday. The decline included one oil rig, leaving 424 in service while

US Oil/Gas Rig Count Down for 11th Week to Lowest Since 2021, Baker Hughes Says

U.S. energy firms this week cut the number of oil and natural gas rigs operating for an 11th week in a row for the first time since 2020.

Baker Hughes US rig count down 8 to 539 - July 13, 2025

Baker Hughes' U.S. rotary drilling rig count was 539 on July 3, down by eight from the previous week -- the tenth consecutive week of drops. The count was down by 46 from 585 a year ago, down by 15 from two weeks ago and down 48 over the 10 weeks. This is the lowest the rig count has been since Octo...