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U.S. Rig Count Dips Slightly After Five-Week Streak – Baker Hughes

Oil Gas Leads

Offshore drilling activity increased , with the rig count rising by one to 14. million barrels per day (bpd) in 2024 to around 13.6 Oklahomas drilling activity was unchanged at 49 rigs , reflecting stable operations in the region. Texas saw a decline of one rig , bringing its total to 281 , while New Mexico remained at 105.

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