Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Crude Oil Rigs in the United States decreased to 424 in July 11 from 425 in the previous week. This dataset provides - United States Crude Oil Rigs- actual values, historical data, forecast, chart, statistics, economic calendar and news.
The U.S. oil and gas industry has seen significant fluctuations in rotary rig counts over the past decade. As of 2024, there were 460 active oil rigs and 94 gas rigs operating in the country, marking a substantial decrease from the peak years of 2013-2014. The decrease noted in 2024 comes amid lower demand outlooks and continued decrease in crude benchmarks throughout the second half of the year. North America is home to the most oil rigs North America continues to dominate the global oil and gas rig market, having more than double the number of oil rigs of the Middle East. The U.S. plays a pivotal role in this market dominance. Within the U.S. the Permian Basin, primarily located in Texas, stands out as the region with the highest concentration of oil rigs, boasting 300 active units as of November 2024. This is significantly more than other prominent areas such as Eagle Ford. Most productive oil basins Despite the overall decrease in rig counts, U.S. oil production has remained robust. The country reached a production peak of nearly 19.4 million barrels per day in 2023, solidifying its position as the world's leading oil producer. The Bakken and Permian basins have demonstrated particularly high efficiency in terms of new-well oil production per rig.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Total Rigs in the United States decreased to 537 in July 11 from 539 in the previous week. This dataset includes a chart with historical data for the United States Total Rigs.
The Permian basin is the region with the largest number of oil rigs in the United States. As of end of June 2025, there were 270 active rigs in the basin. This was more than eight times the number of rigs in Eagle Ford, which ranked second. Both basins are mainly located in Texas. The number of operational U.S. oil and gas rigs stood at around 557 units around the same time. U.S. oil industry In the years following the development of sophisticated extraction methods for shale oil and gas, the U.S. has grown to become the world’s leading oil-producing country, ahead of Saudi Arabia. U.S. oil production peaked in 2023, at nearly 19.4 million barrels per day. U.S. as an oil exporter In December 2015, the U.S. lifted a longtime ban on exports of crude oil from the U.S. Since then, the amount of oil exported from the U.S. has also increased significantly. In line with a production increase, 2023 also saw the largest amount of oil exports from the U.S. The leading oil exporters globally included large producer countries such as the U.S., Saudi Arabia, and Russia.
The number of crude oil and natural gas rotary rigs in operation in the United States has fluctuated greatly since the mid-20th century. Oil production in the United States dropped steadily from the 1960s, as the OPEC bloc began producing and exporting oil at low prices, however the shocks of the 1970s saw oil prices rise significantly after OPEC placed an embargo on the U.S. and its allies in 1973. The U.S. ramped up production to try and negate some of the effects of this embargo, but the long term effect of this was that demand in the 1980s dropped, in what was known as the 1980s oil glut. The number of oil and gas rotary rigs then remained below 1,000 throughout the 1990s, before the oil boom in South Dakota and the move towards self-sufficiency took place in the early 2000s. In more recent years, rotary rigs are being replaced by top-drive drills, which are much more efficient as they can bore for two or three times more than a rotary rig in one section.
This dataset contains USA Crude oil and Natural gas drilling activity , geographic coverage is the 50 states and the district of Columbia from 1949-2021. Data from US Energy Information Administration.Note:Total rotary rigs in operation is the sum of rigs drilling for crude oil, rigs drilling for natural gas, and other rigs (not shown) drilling for miscellaneous purposes, such as other service wells, injection wells, and stratigraphic tests.
The number of active oil rigs in the Permian basin increased by *** units between October 2020 and October 2021. The Permian has seen the greatest growth in rig numbers of any oil producing basin in the United States. Exploration activity has been on the upswing following as many countries are facing an energy supply shortage, particularly of natural gas and coal.
There were 113 operational natural gas rigs in the United States at the end of June 2025. The Haynesville field located in parts of Arkansas, Louisiana, and Texas houses the highest number of active rigs, at 35 units. By comparison, the number of U.S. oil rigs was nearly four times the number of natural gas rigs.
The number of operational U.S. oil and gas rigs averaged 557 in June 2025. This was a decrease compared to the same month a year prior, with benchmark oil prices influenced by moderate demand outlooks. Most common rig types Oil rigs are the most common rigs in the U.S. At the end of 2024, there were some 460 active oil rigs compared with roughly 94 gas rigs. This discrepancy has been exacerbated over the years, with there having been a less pronounced difference in 2011. 2011 was also the year when new well drilling numbers peaked within the past decade, with roughly 2,000 newly bored oil and gas extraction sites. The majority of oil rigs are found in the Permian Basin. Located in Texas and parts of New Mexico, the Permian Basin has been a harvesting ground for petroleum since the early 1920s and since established itself as the most productive U.S. oil basin. The U.S. oil rig industry in the global context In the last decade, the number of oil rigs worldwide has decreased significantly. In 2014, there were over 3,500 oil rigs worldwide, compared to 1,734 oil rigs at the end of 2024. Of those, 460 were located in the United States, which represented a 26 percent share of the global oil rigs market.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
GDP Nowcast: saar: YoY: Contribution: Energy: BHGE: North America Rig Count: United States: Oil data was reported at 2.978 % in 12 May 2025. This records a decrease from the previous number of 2.980 % for 05 May 2025. GDP Nowcast: saar: YoY: Contribution: Energy: BHGE: North America Rig Count: United States: Oil data is updated weekly, averaging 2.577 % from Jan 2019 (Median) to 12 May 2025, with 332 observations. The data reached an all-time high of 3.252 % in 30 Sep 2024 and a record low of 0.000 % in 19 Aug 2019. GDP Nowcast: saar: YoY: Contribution: Energy: BHGE: North America Rig Count: United States: Oil data remains active status in CEIC and is reported by CEIC Data. The data is categorized under Global Database’s United States – Table US.CEIC.NC: CEIC Nowcast: Gross Domestic Product (GDP).
https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain
Graph and download economic data for Industrial Production: Mining: Drilling Oil and Gas Wells (NAICS = 213111) (IPN213111N) from Jan 1972 to May 2025 about wells, drilling, oil, mining, gas, IP, production, industry, indexes, and USA.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
This dataset provides values for CRUDE OIL RIGS reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
The Permian basin is the region with the largest number of oil rigs in the United States. As of end of February 2025, there were 302 active rigs in the basin. This was more than seven times the number of rigs in Eagle Ford, which ranked second. Both basins are mainly located in Texas. The number of operational U.S. oil and gas rigs stood at around 590 units around the same time. U.S. oil industry In the years following the development of sophisticated extraction methods for shale oil and gas, the U.S. has grown to become the world’s leading oil-producing country, ahead of Saudi Arabia. U.S. oil production peaked in 2023, at nearly 19.4 million barrels per day. U.S. as an oil exporter In December 2015, the U.S. lifted a longtime ban on exports of crude oil from the U.S. Since then, the amount of oil exported from the U.S. has also increased significantly. In line with a production increase, 2023 also saw the largest amount of oil exports from the U.S. The leading oil exporters globally included large producer countries such as the U.S., Saudi Arabia, and Russia.
The total supply of offshore oil and gas rigs in the U.S. Gulf of Mexico was ** in the week of June 13, 2025. The utilization rate was ** percent, with ** marketed and contracted offshore rigs recorded that same month.
https://www.verifiedmarketresearch.com/privacy-policy/https://www.verifiedmarketresearch.com/privacy-policy/
North America Oil Country Tubular Goods Market size was valued at USD 7.9 Billion in 2024 and is projected to reach USD 11.8 Billion by 2032, growing at a CAGR of 5.2% from 2026 to 2032.
Key Market Drivers Increasing Oil and Gas Drilling Activities: Rising oil and gas drilling activity will propel the North American Oil Country Tubular Goods (OCTG) industry. According to the US Energy Information Administration (EIA), crude oil output in the United States will reach a record high of 13.2 million barrels per day in 2023, indicating a strong increase in drilling activity. the Baker Hughes Rig Count showed 622 active drilling rigs in the United States as of March 2024, indicating substantial demand for OCTG materials used in well building and completion. Growing Shale Gas Exploration: Growing shale gas exploration will have a substantial impact on the North American Oil Country Tubular Goods (OCTG) sector.
This statistic displays the highest and lowest oil and gas rig counts in the United States and Canada that have been recorded since 1940 until July 2019. The highest oil and gas rig count in the U.S. that was recorded since 1940 was in the week of December 28, 1981 at ***** rigs.
North America hosts the most oil and gas rigs worldwide. As of February 2025, there were 821 land rigs in that region, with a further 16 rigs located offshore. The average number of global oil rigs reached 1,734 units in 2024. Offshore rigs and their utilization Oil platforms or rigs are structures that do any of the following: drill oil and gas wells, extract and process oil and gas, or store oil and gas for short periods of time. The various rig types include jackups, semi-submersibles, and drill ships. Offshore oil platforms also often house the crew that works on them. The highest number of offshore rigs are found in the Asia Pacific region, although the offshore rig utilization rate tended to be lower than in other regions. Largest contractors Switzerland-based Transocean Ltd is the world's top offshore drilling contractor bases on revenue within the energy equipment and services sector. In its 2023 fiscal year, it reported a revenue of some 2.83 billion U.S. dollars.
Most of the world's oil rigs are located on land. At the end of 2024, there were ***** operational onshore oil rigs, compared with *** offshore rigs. The decline in offshore rigs is mainly due to a fall in proved reserves in the North Sea. Annual average rig numbers and offshore rig utilization Similar to end of year figures, the annual average number of global oil rigs also decreased in 2024, reaching ***** units. North America is the region with the greatest number of oil and gas rigs. In the last four years, worldwide market utilization rate for offshore oil rigs generally ranged between ** and *** percent, with South America regularly boasting the highest rate of around *** percent. The role of oil in meeting energy demand In the current evolving energy sector, oil rigs and as such oil production continue to play a significant role in meeting energy demand. Despite greater rollout of renewables, oil products remain heavily used in the transportation and manufacturing sectors, especially. Today, oil and gas account for more than ** percent of worldwide primary energy consumption.
This report provides a detailed analysis of the market by application (onshore and offshore, geography (APAC, North America, Europe, MEA, and South America), and key vendors.
Market Overview
Browse TOC and LoE with selected illustrations and example pages of Sand Control Systems Market
Request a FREE sample now!
Market Competitive Analysis
The market is fragmented. The key vendors in the market are focusing on investments in renewable energy sources, which will make the competitive landscape intense during the forecast period. 3M Co., Baker Hughes Co., and Halliburton Co. are some of the major market participants. Although the increase in oil rig count will offer immense growth opportunities, the fluctuation in global crude oil prices will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
To help clients improve their market position, this sand control systems market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this sand control systems market analysis report also provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
This report provides information on the production, sustainability, and prospects of several leading companies, including:
3M Co.
Baker Hughes Co.
Halliburton Co.
Mitchell Industries
National Oilwell Varco Inc.
Oil States International Inc.
Packers Plus Energy Services Inc.
Schlumberger Ltd.
Superior Energy Services Inc.
Weatherford International Plc
Sand Control Systems Market: Segmentation by Geography
For more insights on the market share of various regions Request for a FREE sample now!
APAC was the largest sand control systems market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. The increase in industrialization and urbanization will significantly drive sand control systems market growth in this region over the forecast period.
40% of the market’s growth will originate from APAC during the forecast period. China is one of the key markets for sand control systems in APAC. Market growth in this region will be faster than the growth of the market in other regions.
Sand Control Systems Market: Segmentation by Application
Request for a FREE sample and Get more information on the market contribution of various segments
This report provides an accurate prediction of the contribution of all the segments to the growth of the sand control systems market size.
The onshore application segment will continue to dominate the sand control systems market share. In terms of growth rate, the offshore application segment will account for the fastest growth. Additionally, the report will provide an accurate prediction of the contribution of the various application segments to the growth of the sand control systems market size. However, the market will record a slow growth rate during the forecast period.
Sand Control Systems Market: Key Drivers and Trends
The growth in oil rig count is one of the primary factors driving the global sand control systems market growth. The global rig count is rising with a gradual increase in onshore and offshore projects. With gradual stabilization in crude oil prices and growing rig count, the exploration and drilling projects that were put on hold, are likely to resume. Also, the increase in new exploration and drilling projects is likely to propel the demand for sand control systems.
The changing business models of upstream oil and gas companies is a key sand control systems market trend, which will impact the sand control systems market growth.
With the gradual stabilization in the oil and gas prices, the oil and gas majors are willing to resume exploration and production activities that were reduced during the slumped years.
They are using new business models to sustain during the crude oil volatility phase.
These approaches include assessing the economic viability of oil and projects, focusing on differentiated capabilities, and evolving from generalist to specialist companies with specific skillsets.
This report provides a detailed analysis of the market by application (onshore and offshore) and geography (APAC, Europe, MEA, North America, and South America). Also, the report analyzes the market’s competitive landscape. It offers information on several market vendors, including Aker Solutions ASA, Baker Hughes Co., Dril-Quip Inc., Forum Energy Technologies Inc., Nabors Industries Ltd., National Oilwell Varco Inc., Oil States International, Inc., TechnipFMC Plc, The Weir Group Plc, and Wellhead Systems Inc.
Market Overview
Browse TOC and LoE with selected illustrations and example pages of Wellhead Equipment Market
Request a FREE sample now!
Market Competitive Analysis
The wellhead equipment market is fragmented. Vendors focus on R&D, technology, labor, and branding to compete in the market. Aker Solutions ASA, Baker Hughes Co., and Dril-Quip Inc. are some of the major market participants. Although the rising oil and gas consumption will offer immense growth opportunities, environmental risks, and strict government regulations will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
To help clients improve their market position, this wellhead equipment market forecast report provides a detailed analysis of the market leaders. It offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and provides information on the products offered by various companies. Moreover, this wellhead equipment market analysis report also includes information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
This report provides information on the production, sustainability, and prospects of several leading companies, including:
Aker Solutions ASA
Baker Hughes Co.
Dril-Quip Inc.
Forum Energy Technologies Inc.
Nabors Industries Ltd.
National Oilwell Varco Inc.
Oil States International, Inc.
TechnipFMC Plc
The Weir Group Plc
Wellhead Systems Inc.
Wellhead Equipment Market: Segmentation by Geography
For more insights on the market share of various regions Request for a FREE sample now!
North America was the largest wellhead equipment market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period.
36% of the market’s growth will originate from North America during the forecast period. The US and Canada are the key markets for wellhead equipment in North America. Market growth in this region will be faster than the growth of the market in Europe.
Wellhead Equipment Market: Segmentation by Application
Request for a FREE sample and Get more information on the market contribution of various segments
Onshore wells account for a major share of global oil production. The increasing energy demand from developing economies has resulted in new E&P activities. This is increasing the number of investments in the oil and gas sector due to the stabilizing oil prices, thereby increasing the demand for wellhead equipment. Therefore, wellhead equipment companies are increasing their investments in onshore E&P projects to gain profit margins.
However, market growth in this segment will be slower than the growth of the market in the offshore segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the wellhead equipment market size.
Wellhead Equipment Market: Key Drivers and Trends
The demand for energy is increasing highly across the world. Developing economies such as China and India are the highest consumers of fuel, and the downstream companies like refineries and the OMCs were profitable during the low crude oil price. The rising oil and gas consumption is one of the significant factors that will drive wellhead equipment market growth. Owing to the fast-paced industrialization and urbanization in developing countries, the use of diesel and petrol is also increasing. It is expected that the demand for crude oil and natural gas will increase due to the increasing consumption of fuel. Oil and gas projects will benefit as they will receive investments, and this will trigger the growth of the wellhead equipment market.
Increasing oil rig count is one of the vital wellhead equipment market trends driving the market growth. S
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Crude Oil Rigs in the United States decreased to 424 in July 11 from 425 in the previous week. This dataset provides - United States Crude Oil Rigs- actual values, historical data, forecast, chart, statistics, economic calendar and news.