Baker Hughes US rig count up by 5 at 593

Baker Hughes’ U.S. rotary drilling rig count was 593 on Aug. 14, up by five from the previous week and up by 54 from 539 a year ago. The count has increased in nine of the last 12 weeks. This count in the 590s is the first time the count has been that high since February. For 2025, the count peaked in February and again in March at 593, hitting its low point in August at 526. For 2024, the count…