US total rig count 550, Baker Hughes says

US total rig count 550, Baker Hughes says

U.S. Rig Count Stabilizes at 550, Per Baker Hughes Data

As of the latest report, the U.S. rig count stands at 550 active rigs, according to Baker Hughes, a leading provider of energy industry data. This figure reflects a net increase of two rigs compared to the prior week, signaling modest stability in domestic drilling activity. The count includes operations across onshore basins, with regional variances observed in recent weeks.

The latest update follows a methodology adjustment in Saudi Arabia's rig count reporting, effective January 2024, which now excludes non-operational rigs from the global tally. While this change primarily impacts international figures, it underscores the importance of consistent data standards for accurate industry analysis.

Regionally, the U.S. rig count saw mixed movements. The Cana Woodford region experienced a notable increase of 21 rigs, while the Eagle Ford and Permian basins each lost one rig, reporting totals of 43 and 250, respectively. Other regions, including the Haynesville, Marcellus, and Williston, remained unchanged. Canada's rig count also rose slightly to 199, adding to the North American trend of cautious optimism.

Historically, the U.S. rig count has fluctuated between the 530s and 550s since June 2025. The current level of 550 rigs marks a decline of 41 units compared to the same period in 2025, when the count peaked at 592. Analysts often use rig counts as a barometer for industry health, as active rigs correlate with demand for oilfield services and equipment.

Baker Hughes releases the U.S. rig count weekly, with data serving as a critical reference for investors, policymakers, and energy sector stakeholders. The next update is scheduled for March 6, 2026.

This article relies on publicly available data from Baker Hughes and affiliated sources. Historical comparisons should account for methodology updates in rig count reporting.