The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, after a 2-rig increase in the week prior.

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The oil and gas rig count, an early indicator of future output, rose by four to 592 in the week to February 21. Despite this week's rig increase, Baker Hughes said the total count was still down ...

(Reuters) -U.S. energy firms this week added oil and natural gas rigs for a fourth week in a row to the highest level since June, energy services firm Baker Hughes said in its closely followed report ...

U.S. energy firms this week added oil and natural gas rigs for a fourth week in a row to the highest level since June, energy services firm Baker Hughes said in its closely followed report on Friday.

US oil-directed rigs were unchanged from last week at 486 units. A year ago, 504 units were drilling for oil. Gas-directed rigs fell by 1 to 101 rigs, 14 fewer than were drilling for gas a year ago.

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U.S. natural gas-directed rigs decreased 32% (50 rigs) between December 2022 and December 2024. This decline has been concentrated in the natural gas-rich Haynesville and Appalachia regions, where ...

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BAKU, Azerbaijan, March 7. The U.S. natural gas drilling sector has seen a significant decline in rig activity over the past two years, with a 32% drop in natural gas-directed rigs between ...