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Oil Rigs Down, Gas Rigs Up – Weekly Drilling Snapshot – Baker Hughes

Oil Gas Leads

Oil rigs drove the decline with a loss of 9, while gas rigs rebounded with a gain of 5. Baker Hughes reclassified 8–10 rigs in Marcellus/Utica (gas vs. oil), with historical totals unchanged. June 9, 2025 U.S. Several major basins, including the Permian and Eagle Ford, recorded new lows. Here is a summary of the U.S.

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Vaquero Midstream Expands Delaware Basin Footprint with New Pipeline Loop and Cryogenic Plant

Oil Gas Leads

Vaquero Midstream is ramping up its capabilities in the Southern Delaware Basin with two major infrastructure projects: a new 70-mile, 24-inch high-pressure pipeline loop and a 200 MMcf/d cryogenic processing plant near the Waha Hub.

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Largest Weekly Oil Rig Drop Since 2023 – Baker Hughes

Oil Gas Leads

oil and gas sector faced a notable setback this week as the national rig count dropped by seven, bringing the total to 583 active rigsthe lowest level since early 2022. According to the latest Baker Hughes report, oil rigs experienced the steepest single-week decline since June 2023, falling by nine to 480. oil-producing region.

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Rig Count Falls to 563 – Oil Rigs Down, natural gas rigs posted a slight gain – Baker Hughes

Oil Gas Leads

Oil rigs led the decline, while natural gas rigs posted a slight gain. June 2, 2025 The U.S. rig count continued its downward trend last week, dropping by 3 rigs to 563 the lowest level since November 2021. Oklahoma and the Marcellus/Utica region saw notable shifts, with mixed results across other key producing states.

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US Rig Count Steady at 592, Oil Up 1, Gas Down 1 – Baker Hughes

Oil Gas Leads

oil and gas rig count remained unchanged this week at 592 , according to the latest Baker Hughes report. While oil-directed rigs increased by 1 to 487 , gas rigs declined by 1 to 100 , reflecting a cautious drilling environment amid shifting market dynamics. March 17, 2025 The U.S. Meanwhile, the EIA projects record-high U.S.

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U.S. Rig Count Rises – Baker Hughes

Oil Gas Leads

oil and gas rig count dipped slightly this week, falling by one to a total of 592 active rigs, according to the latest data from Baker Hughes. Notably, the Permian BasinAmericas top oil-producing regionsaw a drop of three rigs, bringing its total to the lowest level since February 2022. March 31, 2025 The U.S.

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Rig Activity Down, Production Up – May Rig Count Recap – Baker Hughes

Oil Gas Leads

oil and gas sector continues to navigate price volatility and capital discipline, the latest Baker Hughes rig count highlights a steady decline in drilling activity even as production forecasts remain bullish. May 19, 2025 As the U.S. Here’s a snapshot of the current landscape, key state-by-state trends, and what it means for 2025.