US Rig Count Edges Down to 562 for Week Ending June 12
According to RBN Energy, citing Baker Hughes data, the US rig count fell by one to 562 for the week ending June 12. Gas rigs dropped to their lowest level since October, while oil rigs edged higher.
What It Means for Subcontractors
- Gas-focused plays, including Haynesville and Appalachia, may see continued softness in near-term drilling and completions work as operators pull back on gas-directed activity.
- Oil rig gains point to steady or improving demand for field services in oil-weighted basins, including the Permian, where activity remains the strongest in the country.
- Contractors working across multiple basins should expect uneven workload distribution this week, with oil-side demand holding while gas-side activity cools.
- The multi-month low in gas rigs is a signal worth watching. If the trend continues into summer, subcontractors tied to gas-heavy operators may need to plan for reduced call-out volume in H2 2026.
