US Oil Drilling Activity Still Going Nowhere

US Oil Drilling Activity Still Going Nowhere

The total number of active drilling rigs for oil and gas in the United States stayed the same this week, according to new data that Baker Hughes published on Friday, keeping the total rig count in the US  at 551 this week, down 41 from this same time last year. The number of active oil rigs stayed at 409 during the latest reporting period, according to the data. This is 79 below this same time last year. The number of gas also held steady at 133…

US Drillers Keep Oil and Natgas Rig Count Unchanged for Second Week in a Row, Says Baker Hughes - Energy News, Top Headlines, Commentaries, Features & Events

(Reuters) – U.S. energy firms this week kept the number of oil and natural gas rigs unchanged for a second week in a row, 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, held steady at 551 in the ...

US Rig Count Holds Steady at 551: Insights from the Latest Baker Hughes Report

The U.S. rotary rig count remained unchanged at 551 for the week ending February 20, 2026, according to the latest data from Baker Hughes. This marks no shift from the previous week but reflects a decline of 41 rigs compared to the same period last year, when the count stood at 592. This stability comes amid fluctuating commodity prices and ongoing efficiency gains in the industry, signaling a cautious approach by operators in the face of market…

United States Baker Hughes US Oil Rig Count: 409

United States Baker Hughes US Oil Rig Count: 409

Baker Hughes US rig unchanged at 551 - February 22, 2026

Baker Hughes' U.S. rotary drilling rig count was 551 on Feb. 13, unchanged from the previous week and down 37 from 588 a year ago. The domestic rig count has ranged from the 530s through the 550s since the beginning of June. For 2025, the count peaked Feb. 28 (and again March 21) at 593, hitting it...