Level Chart

Basic Info

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.

US Oil Rig Count is at a current level of 226.00, up from 221.00 last week and down from 691.00 one year ago. This is a change of 2.26% from last week and -67.29% from one year ago.

Stats

Last Value 226.00
Latest Period Nov 06 2020
Last Updated Nov 6 2020, 14:02 EST
Next Release Dec 4 2020, 14:00 EST
Average Growth Rate 0.17%
Value from 1 Year Ago 691.00
Change from 1 Year Ago -67.29%
Frequency Weekly
Adjustment N/A
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Historical Data

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Date Value
November 06, 2020 226.00
October 30, 2020 221.00
October 23, 2020 211.00
October 16, 2020 205.00
October 09, 2020 193.00
October 02, 2020 189.00
September 25, 2020 183.00
September 18, 2020 179.00
September 11, 2020 180.00
September 04, 2020 181.00
August 28, 2020 180.00
August 21, 2020 183.00
August 14, 2020 172.00
August 07, 2020 176.00
July 31, 2020 180.00
July 24, 2020 181.00
July 17, 2020 180.00
July 10, 2020 181.00
July 02, 2020 185.00
June 26, 2020 188.00
June 19, 2020 189.00
June 12, 2020 199.00
June 05, 2020 206.00
May 29, 2020 222.00
May 22, 2020 237.00
Date Value
May 15, 2020 258.00
May 08, 2020 292.00
May 01, 2020 325.00
April 24, 2020 378.00
April 17, 2020 438.00
April 09, 2020 504.00
April 03, 2020 562.00
March 27, 2020 624.00
March 20, 2020 664.00
March 13, 2020 683.00
March 06, 2020 682.00
February 28, 2020 678.00
February 21, 2020 679.00
February 14, 2020 678.00
February 07, 2020 676.00
January 31, 2020 675.00
January 24, 2020 676.00
January 17, 2020 673.00
January 10, 2020 659.00
January 03, 2020 670.00
December 27, 2019 677.00
December 20, 2019 685.00
December 13, 2019 667.00
December 06, 2019 663.00
November 27, 2019 668.00

Basic Info

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.

US Oil Rig Count is at a current level of 226.00, up from 221.00 last week and down from 691.00 one year ago. This is a change of 2.26% from last week and -67.29% from one year ago.

Stats

Last Value 226.00
Latest Period Nov 06 2020
Last Updated Nov 6 2020, 14:02 EST
Next Release Dec 4 2020, 14:00 EST
Average Growth Rate 0.17%
Value from 1 Year Ago 691.00
Change from 1 Year Ago -67.29%
Frequency Weekly
Adjustment N/A
Download Source File Download