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Oil and Gas Rig Count Ticks Up in the U.S. As Production Hits New High
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Why This Matters
The US oil and gas rig count increased to 548, with a rise in gas rigs and a decline in total rigs compared to last year. Oil rig count remained steady. This indicates a slight increase in domestic energy production.
Market Impact
Market impact analysis based on neutral sentiment with 70% confidence.
Sentiment
Neutral
AI Confidence
70%
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 to 548 this week, according to Baker Hughes, down 37 from this same time last year. The number of active oil rigs stayed the same in the reporting period, according to the data, at 414. Year over year, this represents a 65-rig decline. The number of gas rigs rose by 3 to 128, which is 26 more than this time last year. The miscellaneous rig count fell by…
Original article published by
OilPrice.com
on November 7, 2025.
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Analysis and insights provided by AnalystMarkets AI.