Key facts
- US oil rig count rose to 598 for the week ending Oct 2, up 49 from a year ago.
- Active oil rigs increased by 1 to 456.
- Active gas rigs decreased by 2 to 133.
- US crude oil production averaged 13.955 million bpd for the week ending Sept 25.
- Well completion crews (frac spread count) rose to 195 for the week ending Sept 25.
- Brent crude traded at $101.10/bbl, WTI at $90.50/bbl.
The total number of active drilling rigs for oil and gas in the United States rose to 598 in the week ending October 2, 2026, according to data published by Baker Hughes. This represents an increase of 49 rigs compared to the same week last year.
Within the total, active oil rigs increased by 1 to 456, which is 34 more than a year ago. Active gas rigs, however, fell by 2 to 133, though this is still 15 more than the previous year. Miscellaneous rigs remained unchanged at 9.
U.S. crude oil production averaged 13.955 million barrels per day for the week ending September 25, a slight increase from the previous week and 450,000 bpd higher than a year ago, according to the latest EIA data.
Estimates of well completion crews, known as the Frac Spread Count, also increased for the third consecutive week, reaching 195 for the week ending September 25, up by 8 crews from the week prior.
The Permian Basin maintained its rig count at 270, 19 rigs above year-ago levels. The Eagle Ford region saw a decrease of one rig, bringing its total to 49, which is 4 more than this time last year.
Oil prices declined on Friday ahead of the data release, influenced by Europe's announcement of additional crude oil and diesel releases from emergency reserves. Brent crude was trading at $101.10 per barrel, down 1.14%, and WTI crude was down 2.55% at $90.50 per barrel.