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.

Total Rigs in the United States decreased to 559 in June 6 from 563 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 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.

Crude Oil Rigs in the United States decreased to 438 in June 20 from 439 in the previous week. This dataset provides - United States Crude Oil Rigs- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The number of active oil rigs in the Permian basin increased by 136 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.

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 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.

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).

The total supply of offshore oil and gas rigs in the U.S. Gulf of Mexico was ** in the week of May 16, 2025. The utilization rate was **** percent, with ** marketed and contracted offshore rigs recorded that same month.

The number of operational U.S. oil and gas rigs averaged 590 in February 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.

GDP Nowcast: saar: YoY: Contribution: Energy: BHGE: North America Rig Count: United States: Gas data was reported at 1.895 % in 14 Apr 2025. This records an increase from the previous number of 1.887 % for 07 Apr 2025. GDP Nowcast: saar: YoY: Contribution: Energy: BHGE: North America Rig Count: United States: Gas data is updated weekly, averaging 0.672 % from Jan 2019 (Median) to 14 Apr 2025, with 328 observations. The data reached an all-time high of 1.963 % in 17 Mar 2025 and a record low of 0.000 % in 10 Aug 2020. GDP Nowcast: saar: YoY: Contribution: Energy: BHGE: North America Rig Count: United States: Gas 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).

Industrial Production Nowcast: sa: YoY: Contribution: Non Petroleum Energy Supply: BHGE: North America Rig Count: United States: Land data was reported at 0.000 % in 14 Apr 2025. This stayed constant from the previous number of 0.000 % for 07 Apr 2025. Industrial Production Nowcast: sa: YoY: Contribution: Non Petroleum Energy Supply: BHGE: North America Rig Count: United States: Land data is updated weekly, averaging 0.000 % from Feb 2020 (Median) to 14 Apr 2025, with 269 observations. The data reached an all-time high of 1.281 % in 17 May 2021 and a record low of 0.000 % in 14 Apr 2025. Industrial Production Nowcast: sa: YoY: Contribution: Non Petroleum Energy Supply: BHGE: North America Rig Count: United States: Land 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: Industrial Production.

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 4,530 rigs.

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.

Unemployment Rate Nowcast: sa: Contribution: Energy: BHGE: North America Rig Count: United States data was reported at 0.000 % in 12 May 2025. This stayed constant from the previous number of 0.000 % for 05 May 2025. Unemployment Rate Nowcast: sa: Contribution: Energy: BHGE: North America Rig Count: United States data is updated weekly, averaging 1.167 % from Jan 2020 (Median) to 12 May 2025, with 279 observations. The data reached an all-time high of 20.528 % in 01 Jun 2020 and a record low of 0.000 % in 12 May 2025. Unemployment Rate Nowcast: sa: Contribution: Energy: BHGE: North America Rig Count: United States 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: Unemployment Rate.

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.

From January 2022 to January 2023, the total global natural gas rig count increased from approximately 350 to over 400 active rigs. The United States recorded the highest natural gas rig count worldwide during the period of consideration, with approximately 154 active rigs as of January 2023.

PCEPI Inflation Nowcast: sa: Contribution: Energy Prices: BHGE: North America Rig Count: United States data was reported at 0.000 % in 12 May 2025. This stayed constant from the previous number of 0.000 % for 05 May 2025. PCEPI Inflation Nowcast: sa: Contribution: Energy Prices: BHGE: North America Rig Count: United States data is updated weekly, averaging 0.000 % from Apr 2019 (Median) to 12 May 2025, with 320 observations. The data reached an all-time high of 19.802 % in 16 Dec 2019 and a record low of 0.000 % in 12 May 2025. PCEPI Inflation Nowcast: sa: Contribution: Energy Prices: BHGE: North America Rig Count: United States 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: Personal Consumption Expenditure (PCE) Inflation: Headline.

Most of the world's oil rigs are located on land. At the end of 2024, there were 1,446 operational onshore oil rigs, compared with 213 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 1,734 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 75 and 100 percent, with South America regularly boasting the highest rate of around 100 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 50 percent of worldwide primary energy consumption.

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.