U.S. Natural Gas Rig Count as of October 3, 2025: Market Impact Anticipated

Baker Hughes, a leading oilfield services provider, released data on September 27, 2025, reporting the total number of U.S. natural gas rigs for the week ending October 3. The reported figure is 117; no forecast was provided, and the previous value was also 117.Definition: This metric tracks weekly changes in the number of natural gas drilling rigs across North American regions. Variations in rig count influence market sentiment regarding global natural gas supply. An increase in the number of rigs raises concerns about oversupply, typically leading to lower natural gas prices; conversely, a decrease tends to support higher prices. Data Impact: A reported figure above expectations is considered bearish for natural gas prices.This indicator is classified as Level 1 in terms of importance. Baker Hughes compiles this data weekly, covering natural gas drilling activity in the United States and Canada. The data is released every week, with the next publication scheduled for October 11, 2025.

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