Baker Hughes Rig Count: International +14 to 1,073, U.S. +3 to 545 Canada -67 to 118

Baker Hughes Rig Count: International +14 to 1,073, U.S. +3 to 545 Canada -67 to 118

U.S. Rig Count is up 3 from last week to 545 with oil rigs up 3 to 409, gas rigs unchanged at 127 and miscellaneous rigs unchanged at 9.
Canada Rig Count is down 67 from last week to 118, with oil rigs down 60 to 59, gas rigs down 7 to 59 and miscellaneous unchanged at 0.
International Rig Count is up 14 from last month to 1,073 with land rigs up 14 to 833, offshore unchanged at 226.
The Worldwide Rig Count for November was 1,812, up 12 from the 1,800 counted in October 2025, and down 95, from the 1,907 counted in November 2024.

U.S.ADecember 23, 2025545+3
CanadaDecember 23, 2025118-67
InternationalNovember 20251073+14

Baker Hughes

Nigeria’s oil rig count has reportedly seen a dramatic increase, soaring from 8 in 2021 to 69 by October 2025, a 762.5% jump, driven by government reforms, incentives for operators, and a push to reactivate dormant fields, signaling renewed activity and investor confidence in the upstream sector. This growth, involving 40 active rigs, aims to boost oil production and strengthen the economy. 

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