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US Drillers Pick Up The Pace
Market Intelligence Analysis
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Why This Matters
US oil and gas drilling rig count increased by 5 to 554, with oil rigs up 2 to 419 and gas rigs up 2 to 127, showing a mixed trend compared to last year.
Market Impact
Market impact analysis based on neutral sentiment with 76% confidence.
Sentiment
Neutral
AI Confidence
76%
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 5 to 554 this week, according to Baker Hughes, down 29 from this same time last year. The number of active oil rigs rose by 2 in the reporting period, according to the data, reaching 419. Year over year, this represents a 60-rig decline. The number of gas rigs rose by 2 to 127, which is 28 more than this time last year. The miscellaneous rig count rose by…
Original article published by
OilPrice.com
on November 21, 2025.
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