The number of active US rigs drilling for oil was unchanged at 627 this week, Baker Hughes reported. That followed an increase of four in the previous week. source: Baker Hughes Company

Crude Oil Rigs in the United States averaged 499.11 from 1987 until 2022, reaching an all time high of 1609.00 in October of 2014 and a record low of 98.00 in August of 1999. This page provides - United States Crude Oil Rigs- actual values, historical data, forecast, chart, statistics, economic calendar and news. Baker Hughes Crude Oil Rigs - data, historical chart, forecasts and calendar of releases - was last updated on December of 2022.

Crude Oil Rigs in the United States is expected to be 625.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Baker Hughes Crude Oil Rigs is projected to trend around 580.00 in 2023 and 490.00 in 2024, according to our econometric models.

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Baker Hughes Crude Oil Rigs

Calendar GMT Actual Previous Consensus TEForecast
2022-11-23 06:00 PM Nov/25 627 623
2022-12-02 06:00 PM Dec/02 627 627
2022-12-09 06:00 PM Dec/09 627

Related Last Previous Unit Reference
Crude Oil Production 12268.00 11975.00 BBL/D/1K Sep 2022
Crude Oil Stocks Change -12.58 -3.69 BBL/1Million Nov 2022
Total Rigs 784.00 784.00 Dec 2022
Crude Oil Rigs 627.00 627.00 Dec 2022
API Crude Oil Stock Change -7.85 -4.82 BBL/1Million Nov 2022

Baker Hughes Crude Oil Rigs
US Crude Oil Rigs refer to the number of active US rigs drilling for oil in a given week.
Actual Previous Highest Lowest Dates Unit Frequency
627.00 627.00 1609.00 98.00 1987 - 2022 Weekly