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US Oil Drillers See Increased Activity
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Why This Matters
US oil drillers saw a 3-rig increase in active drilling rigs, bringing the total to 545, but still down 44 from last year, indicating a mixed trend in the oil and gas industry.
Market Impact
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Neutral
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Article Context
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The total number of active drilling rigs for oil and gas in the United States rose by 3 this week, according to new data that Baker Hughes published on Tuesday, bringing the total rig count in the US to 545 this week, down 44 from this same time last year. The number of active oil rigs rose by 3 in the reporting period, according to the data, after US drillers saw an 8-rig decline in the week prior. Oil rigs are now at 409, which is 74 below this same time last year. The number of gas rigs stayed the same at 127, which is 25 more than this…
Original article published by
OilPrice.com
on December 24, 2025.
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