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Basin rig count down three as prices tumble

Summary by Odessa American
The rig count in the Permian Basin was down three this week, the latest count Friday by Baker Hughes shows, with 294 rigs active in the region. A year ago, 317 rigs were active in the region. Nationally, the oil and gas rig count is down two from last week at 590 rigs. A year ago, 620 rigs were active. The count shows that 489 rigs sought oil, up five from the previous week, and 96 explored for natural gas, down seven from the previous week. The…

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Odessa AmericanOdessa American
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Basin rig count down three as prices tumble

The rig count in the Permian Basin was down three this week, the latest count Friday by Baker Hughes shows, with 294 rigs active in the region. A year ago, 317 rigs were active in the region. Nationally, the oil and gas rig count is down two from last week at 590 rigs. A year ago, 620 rigs were active. The count shows that 489 rigs sought oil, up five from the previous week, and 96 explored for natural gas, down seven from the previous week. The…

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Oil PriceOil Price
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U.S. Oil Rig Count Jumps as Gas Rig Count Slides

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, following a 1 rig dip in the prior week. The total rig count in the US fell by 2 to 590 rigs, according to Baker Hughes, down 30 from this same time last year. The number of oil rigs rose by 5 to 489—down by 19 compared to this time last year. The number of gas rigs fell by 7 this week to 96 f…

·London, United Kingdom
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Hart EnergyHart Energy

US Oil Rig Count Rises to Highest Since June

Baker Hughes said oil rigs rose by five to 489 this week, their highest since June, while gas rigs fell by seven, the most in a week since May 2023, to 96, their lowest since September.

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Oil Price broke the news in London, United Kingdom on Friday, April 4, 2025.
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