The latest Baker Hughes rig count shows a significant boost in U.S. drilling activity, with Oklahoma adding five rigs, marking its highest count since May 2023. This increase contributed to a four-week uptrend, pushing the total U.S. rig count to 592, the highest since June 2024.
The latest Baker Hughes rig count shows a significant boost in U.S. drilling activity, with Oklahoma adding five rigs, marking its highest count since May 2023. This increase contributed to a four-week uptrend, pushing the total U.S. rig count to 592, the highest since June 2024.
The latest Baker Hughes report shows that the U.S. rig count increased by 4 rigs this week, bringing the total to 586. This marks the second consecutive week of gains, following a rise of 6 rigs last week.
The latest Baker Hughes report shows that the U.S. rig count increased by 4 rigs this week, bringing the total to 586. This marks the second consecutive week of gains, following a rise of 6 rigs last week.
The total rig count increased by six to 582 for the week ending January 31, with oil rigs seeing their largest weekly jump since February 2023.
Baker Hughes is redefining its role in the industry by positioning itself as an “industrial energy technology company,” rather than just an oilfield services (OFS) provider.
Oklahoma gained one active rig, bringing its total to 44—two more than this time last year. Meanwhile, the national rig count fell by four to 576, marking the lowest level since December 2021.
The latest rig count data from Baker Hughes and Enverus paints a clear picture of a slowing U.S. drilling industry, with activity levels dipping to their lowest since December 2021. Over the past week, the national rig count fell by four, leaving 580 rigs active across the country—a decline of 40 rigs compared to this time last year.
The latest Baker Hughes rig report, released on January 10, 2025, indicates a drop in U.S. oil and natural gas drilling activity for the first time in six weeks. The rig count, a key barometer of future production levels, fell by five rigs to 584, marking the lowest level since November 2024.
U.S. drilling rig activity remained steady over the past week, with the total count holding at 589 rigs, according to the latest Rig Report from Baker Hughes Co.
