What was the largest weekly increase in U.S. oil and gas rigs since June 2022, and what did it bring the total rig count to?

The largest weekly increase in U.S. oil and gas rigs since June 2022 was 10 rigs in the week ending June 26, bringing the total rig count to 573 — the highest level since May 2025.

How do recent rig count trends compare year-over-year, and what does Baker Hughes report about oil and gas rig breakdowns for the latest week?

Baker Hughes reported the total rig count is up 26 rigs, or 5%, compared to the same week last year; oil rigs rose by seven to 440 — their highest since June 2025 — while gas rigs increased by three to 125, and miscellaneous rigs remained unchanged at eight.

US energy firms add most rigs in a week since June 2022, Baker Hughes says

Jun 26, 2026

Baker Hughes reported U.S. energy firms added the most rigs in a week since June 2022, raising the total to 573. The EIA projects crude and gas output will grow in 2026 driven by rising demand from data centers and LNG exports.

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