US Rig Continues to Sag Amid Rising U.S. Crude Production

US Rig Continues to Sag amid Rising U.S. Crude Production

The total number of active drilling rigs for oil and gas in the United States fell yet again this week, according to new data that Baker Hughes published on Friday, following a 4-rig decrease in each of the two weeks prior. The total rig count in the US fell by 1 to 554 rigs, according to Baker Hughes, down 34 from this same time last year. The number of oil rigs fell by 1 to 438 after falling by 3 during the previous week—and down by 47 compare…

US Drillers Cut Oil and Gas Rigs for Eighth Week in a Row, 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 eighth week in a row for the first time since September 2023, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future ...

US Rig Counts Down Amid Rising U.S. Crude and LNG Production

The U.S. energy sector is navigating a paradoxical landscape: rig counts are declining, yet crude oil and liquefied natural gas (LNG) production continue to climb. This trend, driven by improved drilling efficiencies and strategic focus on high-yield basins, underscores the resilience of U.S. energy output despite reduced drilling activity. Below, we dive into the latest rig count data by basin, U.S. oil and gas production figures, LNG export nu…

US Drillers Cut Oil, Gas Rigs for Eighth Week in a Row

The oil and gas rig count fell by one to 554 in the week to June 20, the lowest since November 2021.

Baker Hughes US rig count drops 4 to 555 - June 22, 2025

Baker Hughes' U.S. rotary drilling rig count was 555 on June 13, down by four from the previous week -- the seventh consecutive week of drops, down by 35 from 590 a year ago and down by eight from two weeks ago. Over the last eight weeks the rig count was up in one week and down in seven with a comb...

U.S. rig count decreased by 1 is at 554 – Oil & Gas 360

This week’s Baker Hughes Rig Count shows that the U.S. decreased by 1 over last week, resulting in a total count of 554 rigs. Canada had an increase of 1 over last week, resulting in a total Canadian count of 139 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Cana Woodford, the DJ-Niobrara, the Eagle Ford, the Haynesville, and the Mississippian regions experienced an increase this week. Meanwhile, 2 regions experienced a de