US Oil Drillers Add Rigs - Crude Oil Prices Today | OilPrice.com
The total number of active oil and gas drilling rigs in the U.S. remained steady at 588 this week, though oil-specific rigs saw a slight increase. Meanwhile, U.S. crude oil production showed a marginal rebound to 13.8 million barrels per day.
Why it matters
Rig counts and production data are key indicators for energy market health and future supply trends in the global oil economy.
The total number of active drilling rigs for oil and gas in the United States stayed the same overall this week, according to new data that Baker Hughes published on Friday, with the total rig count in the US staying at 588, up 49 from this same time last year. The number of active oil rigs rose by 3, reaching 454 during the latest reporting period, according to the data. This is 43 above this same time last year. The number of gas rigs fell by 3 to 124, which is 1 more than this time last year. Miscellaneous rigs stayed at 10. The latest EIA data showed that weekly U.S. crude oil production rebounded slightly during week ending July 31.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in