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Rig Count

Two active drilling rigs on Delaware Basin lease, New Mexico Permian scrubland, aerial view

Permian Basin Rig Count Tracker: Weekly Data, Sub-Basin Trends, and 2026 Production Outlook

The Permian Basin had 241 active rigs as of March 27, 2026, according to Baker Hughes weekly data — representing 44 percent of all active US land drilling rigs. With the total US rig count at 543, the Permian's dominance remains structural, not cyclical. That concentration means the basin&
CIR Research Desk 04 Apr 2026
U.S. land drilling rig against open sky, upstream oil and gas operations

January Rig Count: First Real Signal of 2026

The Baker Hughes rig count is an imperfect but irreplaceable leading indicator. Published weekly every Friday, it captures the operational pulse of the U.S. oil and gas industry before production data catches up. The first full BH count of 2026 — released the second week of January — gives us the
CIR Research Desk 08 Jan 2026

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