Economic Calendar > Calendar Details
The United StatesAs of the week ending August 1stTotal number of drilling rigs in the United States
| Latest Release | Actual Value | Forecast Value | Previous Value | Next Release Time | Release Frequency | Importance |
|---|---|---|---|---|---|---|
| 2025-08-02 | 540Wells | Wells | 542Wells | 2025-08-09 01:00 | Weekly |
|
Historical Data
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Definition
The number of U.S. oil and gas rotary drilling rigs released weekly by Baker Hughes. Rotary rigs rotate drill pipes from the ground to drill new wells (or sidetrack existing wells) for the exploration, development, and production of oil or gas; it only includes rigs that have a significant impact on oilfield services and supplies, excluding cable tool rigs, small truck rigs, or rigs that can be operated without a permit. Non - rotary rigs are also counted according to usage. For example, coiled
Impact on Market
Why It Matters
The larger the number of drilling (active rigs), it implies a potentially larger supply of oil and gas. Theoretically, it is considered a bearish factor. FX678 and 1QH remind: According to the parameters of international authoritative media, the correlation of this indicator with it is 65%.
Released By
Baker Hughes, an oilfield services company in the United States
