By Julianne Geiger – Oct 31, 2025, 12:10 PM CDT
The total number of active drilling rigs for oil and gas in the United States decreased this week, with oil rigs declining by 65 year over year, while gas rigs increased.
Despite the fall in active drilling rigs, weekly U.S. crude oil production reached a new high of 13.644 million barrels per day in the week ending October 24.
The Permian Basin saw a slight increase in active drilling rigs this week, but remains significantly below year-ago levels, while the Eagle Ford basin’s rig count remained stable.
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.
The total rig count in the US fell this week to 546, according to Baker Hughes, down 39 from this same time last year.
The number of active oil rigs fell in the reporting period, according to the data, sinking to 414. Year over year, this represents a 65-rig decline. The number of gas rigs rose by 4 to 125, which is 23 more than this time last year. The miscellaneous rig count fell by 2 to 7.
The latest EIA data showed that weekly U.S. crude oil production rose in the week ending October 24, with crude oil production reaching 13.644 million bpd—another new high—up from 13.629 million bpd in the week prior.
Primary Vision’s Frac Spread Count, an estimate of the number of crews completing wells, rose by 3 to 178 in the week ending October 24. Frac crews are down by 23 from the start of the year.
The number of active drilling rigs in the Permian Basin rose by 1 to 251 this week, which is 52 rigs under year-ago levels. The count in the Eagle Ford stayed the same this week at 43, which is 5 fewer than this same time last year.
By 12:23 p.m. ET, the WTI benchmark was trading slightly down on the day, losing just $0.03 per barrel at $60.54, which is down $1.50 week on week. The Brent benchmark was trading flat on Friday at $65.00.
By Julianne Geiger for Oilprice.com
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