US Drillers Add More Rigs In Response to Higher Prices

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• Free Analysis Rule Based Analysis not AI OIL Neutral 50% 6h
  Generated → 6h → Excluded

  Expired: not evaluated within 7 days of its 6h timeframe elapsing

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Original source

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, bringing the total rig count in the US to 562, down just 1 from this same time last year. The number of active oil rigs rose by 4 to 429 during the latest reporting period, according to the data. This is 22 below this same time last year. The number of gas rigs stayed the same at 125, which is 16 more than this time last year. The miscellaneous rig stayed the same at 8. The latest EIA data…

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Original article published by OilPrice.com on May 29, 2026. Analysis and insights provided by AnalystMarkets AI.

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