The Latest Baker-Hughes Rig Count and Upcoming Community Events

Published: Mon, 10/03/22

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Upcoming IADD events

Join us for the IADD Annual Sporting Clays Tournament on Friday, December 2nd. The event will last all day, from 8:30 am to 5:00 pm. We hope to see you there!

Industry News

Record Permian Well Permits Point To Growing U.S. Oil Supply

U.S. Shale Bosses Tell Europe: ‘There’s No Bailout Coming’

Increase in Oil and Gas Prices on the Horizon

Exploration & Production

Technology & Innovation

Permian Basin Operators Act on Greenhouse Gas Emissions

Zanskar's Software Helps De-Risk Geothermal Power

Community Events

Sub-Committee Meetings

Wednesday, October 5th, ISCWSA will hold sub-committee meetings throughout the morning and afternoon at the Laura Hotel.

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Networking at Saint Arnold's

Wednesday, October 5th, ISCWSA will be holding a networking event at the Saint Arnold Brewing Company in downtown Houston.

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ISCWSA 56th Meeting

Thursday, October 6th, ISCWSA is holding an all-day event at the Laura Hotel in downtown Houston. Check out the agenda on our website!

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Baker-Hughes Rig Count

For last week:

U.S. Rig Count is up 1 from last week to 765 with oil rigs up 2 to 604, gas rigs down 1 to 159, and miscellaneous rigs unchanged at 2.
U.S. Rig Count is up 237 rigs from last year’s count of 528 with oil rigs up 176, gas rigs up 60, and miscellaneous up 1.
U.S. Offshore Rig Count is unchanged at 16, up 3 year-over-year.

For last month:

International Rig Count is up 27 rigs from last month to 860 with land rigs up 17 to 650, offshore rights up 10 to 210.
The average U.S. Rig Count for August was 764 up 8 from last month’s count of 756 and up 263 year-over-year.
The Worldwide Rig Count for August was 1,825, up 50 from the 1,775 counted in July 2022, and up 391 from the 1,434 counted in August 2021.

Additional information on the Baker-Hughes Rig Count is available on their website, at https://bakerhughes.com/rig-count-overview.