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US Drillers Add Oil Rigs For Second Week In A Row As Prices Soar
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Neutral
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94%
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Short Term
Article Context
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The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday, bringing the total rig count in the US to 552 this week, down 41 from this same time last year. The number of active oil rigs rose by 2 to 414 during the latest reporting period, according to the data. This is 72 below this same time last year. The number of gas rigs fell by 2, sinking to 131, which is 29 more than this time last year. The miscellaneous rig count fell to 7. The latest EIA data…
Original article published by
OilPrice.com
on March 20, 2026.
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