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The Rig Count That Defied $70: BHI's Week-Close Signal for US Upstream

The Rig Count That Defied $70: BHI's Week-Close Signal for US Upstream

WTI closed at $69.91. Baker Hughes reported 573 rigs — up 10 week-over-week. The rig count is rising as price breaks $70. Here's what that signal means.
CIR Research Desk 26 Jun 2026
U.S. land drilling rig against open sky, upstream oil and gas operations

U.S. Rig Count Deep Dive: 18 Months of Basin-by-Basin Intelligence

U.S. Rig Count Deep Dive: 18 Months of Basin-by-Basin Intelligence OIL & GAS INTELLIGENCE | BAKER HUGHES WEEKLY RIG COUNT | EIA DRILLING PRODUCTIVITY REPORT 1. The Headline Number The U.S. rig count stood at 543 rigs for the week of March 27, 2026 — down 9 rigs from
CIR Editorial 28 Mar 2026

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