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U.S. Oil Drillers Back Off Even As Prices Soar

OilPrice.com16 October 2026, 17:29 UTCUnited States of America

The total number of active drilling rigs for oil and gas in the United States remained unchanged this week, according to new data that Baker Hughes published on Friday, with the total rig count in the US staying at 603, up 55 from this same time last year. The number of active oil rigs fell by 3, to 459 during the latest reporting period, according to the data. This is 41 above this same time last year. The number of gas rigs rose by 1 to 133, which is 12 more than this time last year. Miscellaneous rigs rose by 2 to 11. The latest EIA data showed…

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Donald TrumpGovernment leadersUnited States of America16 October 2026, 09:08 UTC
Pete HegsethGovernment leadersUnited States of America16 October 2026, 09:08 UTC

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