Baker Hughes US rig count up by 1 at 548

Baker Hughes US rig count up by 1 at 548

Baker Hughes’ U.S. rotary drilling rig count was 548 on May 8, up by one from the previous week and down 30 from 578 a year ago. The domestic rig count has ranged from the 530s through the 550s since the beginning of June 2025. For 2025, the count peaked in February and again in March at 593, hitting its low point in August at 526. For 2024, the count peaked in March at 629, hitting its low point...