The number of active US rigs drilling for oil was up by thirteen to 576 in the week ended May 20th, Baker Hughes data showed. source: Baker Hughes Company

Crude Oil Rigs in the United States averaged 497.53 from 1987 until 2022, reaching an all time high of 1609 in October of 2014 and a record low of 98 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 May of 2022.

Crude Oil Rigs in the United States is expected to be 570.00 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 550.00 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
2022-05-13 05:00 PM 13/May 563 557
2022-05-20 05:00 PM 20/May 576 563
2022-05-27 05:00 PM 27/May 576

Related Last Previous Unit Reference
Crude Oil Production 11312.00 11371.00 BBL/D/1K Feb 2022
Crude Oil Stocks Change -3.39 8.49 BBL/1Million May 2022
Total Rigs 728.00 714.00 May 2022
Crude Oil Rigs 576.00 563.00 May 2022
API Crude Oil Stock Change -2.45 1.62 BBL/1Million May 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
576.00 563.00 1609.00 98.00 1987 - 2022 Weekly