Baker Hughes: 604 rigs operating in the US, 463 of them targeting oil
Baker Hughes data relayed by TradingView shows 604 US rigs, including 463 oil and 131 gas rigs. Canada counts 223 active rigs.
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what happened
According to Baker Hughes data relayed by TradingView, 604 drilling rigs are currently active in the United States. Of these, 463 target oil and 131 target natural gas.
Separately, Canada has 223 active drilling rigs.
why it matters
The number of active rigs is a gauge of drilling activity in US shale oil and gas: a rising count usually signals expanding drilling, while a falling one suggests cutbacks. Investors watch these weekly changes to judge future supply.
market impact
Oil and gas: the rig count is a gauge of future US supply and shapes production expectations
tags
instruments
on polymarket
sources
- MNI: BAKER HUGHES US RIG COUNT 604; OIL RIGS 463; GAS RIGS 131 — TradingView, 6 November 2026 at 18:16 UTC
- MNI: BAKER HUGHES US RIG COUNT 604; CANADA 223 — TradingView, 6 November 2026 at 18:15 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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