NY AI Data Center Moratorium Could Reshape U.S. Development. Read Our Analysis.

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Shaping Tomorrow: Industry Trends Through Legal, Financial, and Economic Lenses

November 13, 2025

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Charles S. Gass

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The U.S. rig count just posted its second straight weekly gain. It's still down 29 percent from where it stood at the end of 2022, and crude production has never been higher. Baker Hughes counted 580 active U.S. rigs on July 2, up seven from the week before and the second consecutive weekly increase. Oil-directed rigs rose by five to 445. Gas rigs added one, reaching 126. The total sits 41 rigs above the same week in 2025.