U.S. Baker Hughes Rig Count Rises by One, Hitting 544

In the latest update from Baker Hughes, a slight but notable uptick in the U.S. rig count has been observed. As of January 23, 2026, the total number of active rigs across the United States has risen to 544, marking an increase of a single rig from the previous count of 543.

The modest increase in the Baker Hughes Total Rig Count reflects a cautious yet positive movement in the oil and gas sector, signaling a potential shift in exploration and production activities. This minor rise might not appear significant at first glance, yet within the energy sector, any variation in rig count could be indicative of broader trends in production capacity and market demand.

The steady level observed in the weeks prior suggests that producers are carefully weighing market conditions and economic factors before committing to significant increases in drilling activities. Industry analysts and stakeholders are likely to keep a keen eye on upcoming reports to gauge whether this adjustment in rig count will lead to more substantial changes in the near future.