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Report 1 22aug2025

Page 1


North America

Crude Oil Rigs and Natural Gas Rigs August 22, 2025

Aug 22, 2025

Crude Oil, Natural Gas, and Misc. Rig Counts

Aug 22, 2025

Aug 22, 2025

Oil and Natural Gas Rigs Counts

400 600 800 1,000 1,200 1,400 1,600 1,800 0 200 400 600 800 1,000 1,200 1,400 1,600 1,800

Baker Hughes Rigs Counts and Crude Oil Prices (Weekly Average)

Crude Oil Rigs: 411 NYMEX WTI Crude Oil Aug 22, 2025

Peak in NYMEX WTI Crude Oil at $122.50 for the week ending June 10, 2022

Baker Hughes Rigs Counts and Crude Oil Prices (Weekly Average) Lagged 15 Weeks

15 week lag in Oil Rigs Count has the decrease in rig count starting September 23, 2022

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