US Baker Hughes Oil Rig Count
It's a leading indicator of production changes - spending in exploration and development increases when oil prices are expected to rise;
Energy prices are based on supply and demand in the market. Inventories are used to maintain price stability during supply shortages and periods of increasing demand;
- US Baker Hughes Oil Rig Count Graph
- History
Expected Impact / Date | Actual | Forecast | Previous |
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Feb 14, 2025 | 481 | 482 | 480 |
Feb 7, 2025 | 480 | 480 | 479 |
Jan 31, 2025 | 479 | 468 | 472 |
Jan 24, 2025 | 472 | 475 | 478 |
Jan 17, 2025 | 478 | 480 | 480 |
Jan 10, 2025 | 480 | 482 | 482 |
Jan 3, 2025 | 482 | 481 | 483 |
Dec 27, 2024 | 483 | 483 | 483 |
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- US Baker Hughes Oil Rig Count News
- From boereport.com|Feb 14, 2025
U.S. energy firms this week added oil and natural gas rigs for a third week in a row for the first time since December 2023, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, rose by two to 588 in the week to February 14. Despite this week’s rig increase, Baker Hughes said the total count was still down 33 rigs, or 5% below this time last year. Baker Hughes said oil rigs rose by one to 481 this week, while gas rigs gained one to 101. The ...
- From oilprice.com|Feb 7, 2025
The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, after a 6-rig increase in the week prior. The total rig count rose by 4 rigs, to 586, according to Baker Hughes, down 37 from this same time last year. The number of oil rigs rose by 1—down by 19 compared to this time last year. The number of gas rigs rose by 2, reaching 100, a loss of 21 active gas rigs from this time last year. Miscellaneous rigs rose by a single rig to 6. The ...
- From boereport.com|Jan 31, 2025
U.S. energy firms this week added oil and natural gas rigs for the first time in eight weeks, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, rose by six to 582 in the week to Jan. 31. Despite this week’s rig increase, Baker Hughes said the total count was still down 37 rigs, or 6% below this time last year. Baker Hughes said oil rigs rose by seven to 479 this week, while gas rigs fell by one to 98. That weekly rise in oil rigs was the ...
- From breakingthenews.net|Jan 31, 2025
The number of oil rigs in the United States rose by seven to stand at 479 in the week ending January 31, according to the Baker Hughes weekly rig count released on Friday. The rig count fell by 20 on an annual basis. The country's gas rig count declined by one to 98 in the reported week, slipping by 20 from the same period in 2024. The total number of rigs in the US stood at 582, climbing by six from the previous week and dropping by 37 from the same period in the previous year. In Canada, the total number of rigs increased by 13 on ...
- From rigzone.com|Jan 14, 2025
North America added 117 rigs week on week, according to Baker Hughes’ latest North America rotary rig count, which was released on January 10. Although the total U.S. rig count dropped by five week on week, Canada’s total rig count increased by 122 during the same timeframe, taking the total North America rotary rig count up to 800, comprising 584 rigs from the U.S. and 216 rigs from Canada, the count outlined. Of the total U.S. rig count of 584, 568 rigs are categorized as land rigs, 14 are categorized as offshore rigs, and two are ...
- From oilprice.com|Jan 10, 2025
The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday, after seeing no change in the four weeks prior. The total rig count fell by five rigs, to 584 according to Baker Hughes, down 35 from this same time last year. The number of oil rigs dipped by 2—down by 19 compared to this time last year. The number of gas rigs saw a steeper dip, losng 3 rigs to 100, a loss of 17 active gas rigs from this time last year. Miscellaneous rigs stayed ...
- From breakingthenews.net|Jan 10, 2025
The number of oil rigs in the United States stood at 480 in the week ending January 10, decreasing by two compared to the previous week, according to the Baker Hughes weekly rig count released on Friday. On an annual basis, the number of oil rigs dropped by 19. The US gas rig count fell by three to 100 during the same week, while it fell by 17 compared to last year. The total number of rigs in the country currently stands at 584, down by 5 from last week and decreasing by 35 from the previous year. In Canada, the number of rigs stood ...
- From boereport.com|Dec 27, 2024
U.S. energy firms this week operated the same number of oil and natural gas rigs for third week in a row, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, was unchanged at 589 in the week to Dec. 27. Baker Hughes said that puts the total rig count down 33 rigs, or 5.3% below this time last year. Baker Hughes reported that the number of oil rigs and gas rigs remained steady this week, holding at 483 and 102, respectively. The oil and gas ...
Released on Feb 14, 2025 |
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Released on Feb 7, 2025 |
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Released on Jan 31, 2025 |
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Released on Jan 10, 2025 |
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Released on Dec 27, 2024 |
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