Shale Stumbles Again as U.S. Rig Count Drops Further
Friday, 25 July 2025 () The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday as operators continue to scale back activity amid weak prices and cautious capital spending. The total rig count in the US fell by 2 rigs to 542, according to Baker Hughes, down 47 from this same time last year. The number of oil rigs fell by 7 to 415, down by 67 compared to this time last year. The number of gas rigs rose by 5 this week, at 122 for a gain of 21 active gas rigs from this timeβ¦
Friday, 25 July 2025 ()
