local
Basin rig count up three as prices drop
Summary by The Odessa Editorial Desk Odessa American , as published by Odessa American (oaoa.com)
· August 7, 2026
· 1 min read
Photo: Odessa American (oaoa.com) · view original
Story provenance No corrections
Summary created by The Odessa Editorial Desk — automated, rule-governed Byline on source page Odessa American, as published by Odessa American (oaoa.com) Original story Read at the source Source published Aug 7, 2026 Indexed here Aug 7, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key takeaway The number of active rigs is now higher than it was a year ago.
In the Permian Basin, activity increased slightly. The number of active rigs is now higher than it was a year ago. Currently, there are more rigs in the region than there were last year at this time.
Nationally, the overall rig count remained steady. Oil and gas exploration efforts are divided, with some seeking oil and others looking for natural gas. Further information on the rig count and oil prices is available from the source, including specific prices per barrel and historical context for the rig count.
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As published by Odessa American (oaoa.com) . The Odessa surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit Odessa American (oaoa.com) . Have a tip or correction? Contact our newsroom .
Category: local Published: August 7, 2026 Source: Odessa American (oaoa.com) Reading time: 1 min
Frequently asked about this story
What is this story about? In the Permian Basin, activity increased slightly. The number of active rigs is now higher than it was a year ago. Currently, there are more rigs in the region than there were last year at this time…
When was this published? This article was first published on August 7, 2026 by Odessa American (oaoa.com) and curated for The Odessa readers.
Who reported this story? This story was reported by Odessa American at Odessa American (oaoa.com). To learn more about how The Odessa selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from The Odessa, or browse our daily briefing and topic hubs .
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