US Oil Rig Count Hits 3-Year Low – Baker Hughes
Oil Gas Leads
JULY 7, 2025
This trend reflects a cautious industry response to sustained price volatility, investor pressure, and a strategic pivot toward natural gas. With the total active rig count falling to 539—down 8 from the previous week and 46 below year-ago levels—states like Oklahoma are beginning to mirror the broader contraction.
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