U.S. Rig Count Edges Higher


The U.S. rig count was little changed this week, with the total number of active rigs rising by 1 to 588. Oil rigs increased by 1, while natural gas and miscellaneous rigs were unchanged. Compared with a year ago, the total rig count is 48 rigs higher, led by a **41-rig increase in oil drilling.

Category This Week Change vs. Last Week Last Week Change vs. Year Ago Year Ago
Gas 127 0 127 +3 124
Oil 451 +1 450 +41 410
Miscellaneous 10 0 10 +4 6
Total 588 +1 587 +48 540

Key takeaways:

  • Total U.S. rig count: 588 (+1 vs. last week; +48 vs. a year ago)
  • Oil rigs: 451 (+1 w/w; +41 y/y)
  • Gas rigs: 127 (unchanged w/w; +3 y/y)
  • Miscellaneous rigs: 10 (unchanged w/w; +4 y/y)