U.S. Oil, Gas Drillers Still on Hold

U.S. drilling rig count flat for third straight week, Baker Hughes says (USO:NYSEARCA)

The number of oil and gas rigs actively drilling in the US remained unchanged at 603 for the third consecutive week, Baker Hughes reported in its latest weekly survey.

U.S. Oil, Gas Drillers Still on Hold

The total number of active drilling rigs for oil and gas in the United States remained unchanged again this week, according to new data that Baker Hughes published on Friday, with the total rig count in the US staying at 603, up 57 from this same time last year. The number of active oil rigs rose by 2, to 462 during the latest reporting period, according to the data. This is 48 above this same time last year. The number of gas rigs fell by 2 to …

U.S. rig count had no change, is at 603

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Baker Hughes US rig count unchanged at 603

Baker Hughes' U.S. rotary drilling rig count was 603 for the week ending Oct. 23, unchanged from last week. The rig count reached 603 Oct. 9, the first time the count had been in the 600s since May 31, 2024. This week's count up by 53 from 550 a year ago. The count climbed into the 590s in mid-August after being below 590 since early April 2025. In the last 12 weeks the count increased...