The U.S. oil and gas rig count remained unchanged at 585 for a third straight week, marking the longest steady period since 1987, with the total count down by 5% from last year.
The latest Baker Hughes rig report shows the U.S. oil and gas industry holding steady over the past week, maintaining a total of 585 active rigs.
The latest Baker Hughes Rig Count reflects steady drilling activity across most major U.S. oil and gas plays, with only slight fluctuations in specific basins.
Texas continues to play a dominant role in the oil and gas sector, seeing the largest weekly increase of any U.S. state. This growth reflects ongoing exploration and production efforts across the Permian and Eagle Ford regions, underscoring Texas’s importance in maintaining U.S. energy output.
The latest Baker Hughes rig count report has revealed a minor decline in the number of active oil and gas rigs across the U.S., a signal that the energy industry is continuing to navigate through fluctuating market conditions and shifting priorities.
The latest Baker Hughes rig count summary
The latest Baker Hughes rig count summary
The latest Baker Hughes rig count, as of September 15, 2024, shows increase in oil and gas drilling activity across the U.S. with a total of 590 rigs.
The total U.S. rig count is 583, as per the latest Baker Hughes report Sept 3 2024
The US drilling rig count Decreased by one unit to 585 as of August 23, 2024.
