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US Oil Drilling Picks Up: Baker Hughes
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Why This Matters
US oil drilling activity has increased, with a 1% rise in total rigs to 549, driven by a 3-rig increase in oil rigs to 417, while gas rigs fell by 3 to 125.
Market Impact
Market impact analysis based on bullish sentiment with 78% confidence.
Sentiment
Bullish
AI Confidence
78%
Article Context
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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. The total rig count in the US rose by 1 to 549 this week, according to Baker Hughes, down 35 from this same time last year. The number of active oil rigs rose by 3 in the reporting period, according to the data, reaching 417. Year over year, this represents a 61-rig decline. The number of gas rigs fell by 3 to 125, which is 24 more than this time last year. The miscellaneous rig count rose by…
Original article published by
OilPrice.com
on November 14, 2025.
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Analysis and insights provided by AnalystMarkets AI.