Shale Stumbles Again as U.S. Rig Count Drops Further

Shale Stumbles Again as U.S. Rig Count Drops Further

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 as operators continue to scale back activity amid weak prices and cautious capital spending.

US Drillers Cut Oil and Gas Rigs for 12th Time in 13 Weeks, Baker Hughes Says - Energy News, Top Headlines, Commentaries, Features & Events

(Reuters) – U.S. energy firms this week cut the number of oil and natural gas rigs operating for the 12th time in 13 weeks, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, fell by two to 542 in ...

U.S. Rig Count Drops Again, and Is Shale on the Ropes?

The U.S. energy sector continues to face headwinds as the latest data from Baker Hughes reveals another decline in the national rig count. As of July 25, 2025, the total U.S. rig count stands at 542, down by 2 from the previous week and a significant 47 rigs lower than the same period last year. This marks the latest in a series of drops, raising questions about the sustainability of shale production amid fluctuating oil prices, economic uncerta…

US Drillers Cut Oil, Gas Rigs for 12th Time in 13 Weeks

The oil and gas rig count fell by two to 542 in the week to July 25. Baker Hughes said this week's decline puts the total rig count down 47 rigs, or 8% below this time last year.

U.S. rig count decreased by 2 is at 542 – Oil & Gas 360

This week’s Baker Hughes Rig Count shows that the U.S. decreased by 2over last week, resulting in a total count of 542 rigs. Canada had an increase of 10 over last week, resulting in a total Canadian count of 182 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the DJ-Niobrara and the Haynesville regions experienced an increase this week. Meanwhile, 2 regions experienced a decrease this week: The Eagle Ford is at 39, down 2. The

Rig Counts Fall, Jobs Stall in Shale Country

The U.S. oil and gas industry is riding a line between productivity and paralysis. Crude oil prices have slipped into the mid sixties, rig counts are in decline, frac crews are thinning out, and employment in the sector has hit a ceiling. Natural gas activity has picked up modestly, but it has not been enough to counter the broader slowdown. Companies are more efficient and disciplined than ever, but the price of that discipline is stagnation. T…