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US Rig Counts See First Weekly Rise in Four Weeks: Baker Hughes

OIL

Total US rig counts saw their first week on week rise since Sep. 15, according to the weekly Baker Hughes US Oil and Gas Rotary Rig Count Data.

  • Total U.S. Rig Count was up 3 from last week to 622. This is the second lowest level since April 2022.
  • U.S. Oil Rig count rose by 4 to 501
  • U.S. Gas Rig Count fell by 1 to 117
  • Canadian Rig Count rose by 13 to 193

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