Baker Hughes’ U.S. rotary drilling rig count was 580 on July 2, up by seven from the previous week and up by 41 from 539 a year ago. Last week, with a gain of 10 rigs, was the largest week-over-week increase in the number of rigs since June 24, 2022, when the count gained 13. This week is the first time the count has been as high as 580 since early May of last year. For 2025, the count peaked in F...
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