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U.S. Oil and Gas Rig Count Increases, Down 6.3% from Last Year
ByAinvest
Friday, Nov 7, 2025 4:06 pm ET1min read
The US oil and gas drilling rig count rose by 2 to 548 in the latest Baker Hughes report, marking the third increase in four weeks. However, the count is down 37 rigs, or 6.3%, from last year at this time. Despite the increase, the count remains below the pre-pandemic level of 601 rigs in March 2020.
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