Baker Hughes: US Oil Rig Count Flat on Wk, NatGas Rigs Up 1

SECAUCUS, NJ (DTN) –- The number of rigs in the United States drilling for oil were unchanged in the current week, remaining at 549 as of Friday (10/3), latest Baker Hughes data showed.

Versus a year ago, the oil rig count is down 36, rising slightly from the 38-rig deficit reported the week prior.

Baker Hughes reports that the number of U.S. natural gas rigs in operation rose by one to 118 for the week, while staying 16 above the count for the same week in 2024.

In Canada, the data show number of oil rigs in operation stood at129, also unchanged from the week prior. Year-on-year, the Canadian oil rig count was off by 28.

Canada’s natural gas rig count was flat too at 60 on the week, and three lower on the year.