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.
The US drilling rig count dropped 2 units to reach 586 rigs working for the week ended Aug. 16, according to Baker Hughes data. The count is down 56 units from the 642 rigs working this time a year ago.
The Baker Hughes U.S. rig count has gone up three out of the last four weeks, including last week, when it went up by two to 588.
U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in three weeks, energy services firm Baker Hughes said in its closely followed report on Friday.
