27-Oct-2025

Energy Preview: US oil rig count up by 2 at 420, says Baker Hughes

The total number of active drilling rigs for oil and gas in the United States rose for the week ended October 24th, according to new data that Baker Hughes published on Friday. The total rig count in the US rose to 550, according to Baker Hughes, down 35 from this same time last year. The number of active oil rose by 2 in the reporting period, according to the data, reaching 420. Year over year, this represents a 60-rig decline. The number of gas rigs stayed the same at 121, which is 20 over this time last year. The miscellaneous rig count stayed the same at 9.

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