US Oil Rig Count (2024)

501.00 for Wk of Jan 05 2024

Basic Info

US Oil Rig Count is at a current level of 501.00, up from 500.00 last week and down from 621.00 one year ago. This is a change of 0.20% from last week and -19.32% from one year ago.

The US Oil Rig Count measures the number of oil rigs functioning in the United States. This indicator is important to track because it can give an idea of how much oil production is occuring. Historically, US Oil Rigs peaked in late 2014. The total number of oil rigs reached as high as 1609 before being cut to just 325 within 2 years.

Stats

Last Value 501.00
Latest Period Jan 05 2024
Last Updated Jan 5 2024, 13:04 EST
Next Release Jan 12 2024, 13:00 EST
Average Growth Rate 2.39%
Value from Last Week 500.00
Change from Last Week 0.20%
Value from 1 Year Ago 621.00
Change from 1 Year Ago -19.32%
Frequency Weekly
Adjustment N/A
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Historical Data

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Date Value
January 05, 2024 501.00
December 29, 2023 500.00
December 21, 2023 498.00
December 15, 2023 501.00
December 08, 2023 503.00
December 01, 2023 505.00
November 22, 2023 500.00
November 17, 2023 500.00
November 10, 2023 494.00
November 03, 2023 496.00
October 27, 2023 504.00
October 20, 2023 502.00
October 13, 2023 501.00
October 06, 2023 497.00
September 29, 2023 502.00
September 22, 2023 507.00
September 15, 2023 515.00
September 08, 2023 513.00
September 01, 2023 512.00
August 25, 2023 512.00
August 18, 2023 520.00
August 11, 2023 525.00
August 04, 2023 525.00
July 28, 2023 529.00
July 21, 2023 530.00
Date Value
July 14, 2023 537.00
July 07, 2023 540.00
June 30, 2023 545.00
June 23, 2023 546.00
June 16, 2023 552.00
June 09, 2023 556.00
June 02, 2023 555.00
May 26, 2023 570.00
May 19, 2023 575.00
May 12, 2023 586.00
May 05, 2023 588.00
April 28, 2023 591.00
April 21, 2023 591.00
April 14, 2023 588.00
April 06, 2023 590.00
March 31, 2023 592.00
March 24, 2023 593.00
March 17, 2023 589.00
March 10, 2023 590.00
March 03, 2023 592.00
February 24, 2023 600.00
February 17, 2023 607.00
February 10, 2023 609.00
February 03, 2023 599.00
January 27, 2023 609.00

Basic Info

US Oil Rig Count is at a current level of 501.00, up from 500.00 last week and down from 621.00 one year ago. This is a change of 0.20% from last week and -19.32% from one year ago.

The US Oil Rig Count measures the number of oil rigs functioning in the United States. This indicator is important to track because it can give an idea of how much oil production is occuring. Historically, US Oil Rigs peaked in late 2014. The total number of oil rigs reached as high as 1609 before being cut to just 325 within 2 years.

Stats

Last Value 501.00
Latest Period Jan 05 2024
Last Updated Jan 5 2024, 13:04 EST
Next Release Jan 12 2024, 13:00 EST
Average Growth Rate 2.39%
Value from Last Week 500.00
Change from Last Week 0.20%
Value from 1 Year Ago 621.00
Change from 1 Year Ago -19.32%
Frequency Weekly
Adjustment N/A
Download Source File Upgrade
US Oil Rig Count (2024)
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