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Energy Preview: US rig count falls by 30 compared to last year
11-May-2026 09:00
The total number of active drilling rigs for oil and gas in the United States rose last week, according to new data that Baker Hughes published on Friday, bringing the total rig count in the US to 548, down 30 from this same time last year. The number of active oil rigs rose by 2 to 410 during the latest reporting period, according to the data. This is 57 below this same time last year. The number of gas rigs fell by 1. Gas rigs now sit at 129, which is 21 more than this time last year. The miscellaneous rig count stayed steady at 9.

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