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US Oil Drillers Add To Active Rigs
Market Intelligence Analysis
AI-Powered
Why This Matters
US oil drillers added 1 oil rig, but the total active rigs count decreased by 1, bringing it to 543, which is 37 rigs lower than last year.
Market Impact
Market impact analysis based on neutral sentiment with 70% confidence.
Sentiment
Neutral
AI Confidence
70%
Time Horizon
Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
The total number of active drilling rigs for oil and gas in the United States fell by 1 this week, according to new data that Baker Hughes published on Friday, bringing the total rig count in the US to 543 this week, down 37 from this same time last year. The number of active oil rigs rose by 1 during the reporting period, according to the data. Oil rigs are now at 410, which is 68 below this same time last year. The number of gas rigs fell by 2 to 122, which is 24 more than this time last year. The miscellaneous rig count stayed at 11. The…
Original article published by
OilPrice.com
on January 16, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.