Thursday, May 8, 2025

U.S. Rigs Do the Texas Shuffle, Up Slightly

Activity continues to hover near 1,050; South Dakota adds first rig since before the downturn Drilling activity rose in the U.S. once again this week, according to the latest edition of Baker Hughes Weekly Rig Count. A net seven rigs began drilling in the week, spread between land, inland waters and offshore operations. Four land-based rigs came online, in addition