North America’s Rig Count Signals Market Shifts

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▦ MARKETS  |   Arno Saffran, Sat 18 Oct, 2025 

North America’s rig count shift from oil to gas reflects regional changes and increasing logistical constraints, signaling a growing demand for gas-focused talent and operational expertise.

North America’s rig count increased by just one week-on-week, reaching 740 rigs as of October 10, according to Baker Hughes. While the overall change is modest, it points to important shifts in the energy market.

The U.S. oil rig count fell by four, while gas rigs grew by two, signaling a pivot toward natural gas exploration. Texas, traditionally a leader in oil production, saw a drop of six rigs, while New Mexico added four—suggesting a regional shift in drilling activity. Logistical issues, particularly in the Permian Basin, are also playing a bigger role in slowing production despite strong demand for oil.

These trends indicate that gas-focused projects and logistical expertise will be in greater demand. The market’s focus is clearly evolving, and companies must adapt to new realities—both in the fields and in their supply chains. Understanding these subtle shifts is key to staying ahead in an increasingly dynamic energy landscape


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