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 310.00, up from 309.00 last week and down from 678.00 one year ago. This is a change of 0.32% from last week and -54.28% from one year ago.

Stats

Last Value 310.00
Latest Period Mar 05 2021
Last Updated Mar 5 2021, 14:01 EST
Next Release Apr 2 2021, 14:00 EDT
Average Growth Rate 1.13%
Value from 1 Year Ago 678.00
Change from 1 Year Ago -54.28%
Frequency Weekly
Adjustment N/A
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Historical Data

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Date Value
March 05, 2021 310.00
February 26, 2021 309.00
February 19, 2021 305.00
February 12, 2021 306.00
February 05, 2021 299.00
January 29, 2021 295.00
January 22, 2021 289.00
January 15, 2021 287.00
January 08, 2021 275.00
December 31, 2020 267.00
December 23, 2020 264.00
December 18, 2020 263.00
December 11, 2020 258.00
December 04, 2020 246.00
November 25, 2020 241.00
November 20, 2020 231.00
November 13, 2020 236.00
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
Date Value
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
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

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 310.00, up from 309.00 last week and down from 678.00 one year ago. This is a change of 0.32% from last week and -54.28% from one year ago.

Stats

Last Value 310.00
Latest Period Mar 05 2021
Last Updated Mar 5 2021, 14:01 EST
Next Release Apr 2 2021, 14:00 EDT
Average Growth Rate 1.13%
Value from 1 Year Ago 678.00
Change from 1 Year Ago -54.28%
Frequency Weekly
Adjustment N/A
Download Source File Download