Key facts
- Total US oil and gas rigs unchanged at 603.
- Active oil rigs fell by 3 to 459.
- US crude oil production fell to 13.679 million bpd for the week ending Oct. 9.
- Frac Spread Count rose to 203 for the week ending Oct. 9.
- Permian Basin rigs fell by 2 to 272.
The total number of active drilling rigs for oil and gas in the United States remained unchanged at 603 for the week ending October 16, according to data from Baker Hughes. This count is up 55 from the same time last year. During the latest reporting period, active oil rigs fell by 3 to 459, while gas rigs rose by 1 to 133. Miscellaneous rigs increased by 2 to 11. Weekly U.S. crude oil production averaged 13.679 million barrels per day for the week ending October 9, a decrease from the previous week. The number of crews completing wells, estimated by Primary Vision, rose for the fifth consecutive week to 203. In the Permian Basin, active drilling rigs decreased by 2 to 272, while the count in the Eagle Ford remained steady at 49.
