June 2, 2025
The U.S. rig count continued its downward trend last week, dropping by 3 rigs to 563 — the lowest level since November 2021. Oil rigs led the decline, while natural gas rigs posted a slight gain. Oklahoma and the Marcellus/Utica region saw notable shifts, with mixed results across other key producing states.
Here is a summary of the U.S. rig count changes based on your update:
🛢️ National Overview
- Total U.S. rig count: 563 (▼ 3 from last week)
- Oil rigs: 461 (▼ 4)
- Gas rigs: 99 (▲ 1)
- Miscellaneous rigs: 3 (unchanged)
- Offshore rigs: 13 (▲ 2 from last week, but ▼ 9 YoY)
- YoY change: ▼ 37 rigs
- ▼ 35 oil rigs
- ▼ 1 gas rig
- ▼ 1 miscellaneous rig
🗺️ State-Level Rig Counts (Week-over-Week Changes)
| State | This Week | Change | Notes |
|---|---|---|---|
| Texas | 266 | 0 | No change |
| New Mexico | 91 | ▼ 1 | |
| North Dakota | 30 | 0 | |
| Louisiana | 30 | 0 | |
| Oklahoma | 52 | ▼ 1 | Was 42 a year ago (▲ 10 YoY) |
| Colorado | 8 | 0 | |
| Kansas | 16 | ▼ 3 | Source: Red Top Rig Report |
| Utah | 11 | 0 | |
| Ohio | 11 | ▼ 1 | |
| Pennsylvania | 18 | ▲ 1 | |
| West Virginia | 7 | ▼ 1 | |
| Wyoming | 21 | 0 | |
| Alaska | 10 | 0 | |
| California | 6 | 0 |
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