The weekly rig count serves as a primary indicator of drilling intensity and future crude production levels in the US. The latest data shows drilling activity remains relatively flat with a marginal change in overall capacity.
Wednesday, October 21, 2026
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Commodities18 days ago
American oilfield operations saw a slight uptick in the amount of active hardware used for extraction this week. The total number of rigs used to drill for oil increased by 1 to 456 from the previous count of 455, as reported by Baker Hughes on Oct. 2.

The weekly rig count serves as a primary indicator of drilling intensity and future crude production levels in the US. The latest data shows drilling activity remains relatively flat with a marginal change in overall capacity.
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