local
Basin rig count up two as prices decrease
Summary by The Odessa Editorial Desk · Byline on the source page: Odessa American , as published by Odessa American (oaoa.com)
· July 31, 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 Jul 31, 2026 Indexed here Jul 31, 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 at 260.
In the Permian Basin, recent activity shows a slight increase. The number of active rigs is now at 260. This is a small rise from the previous week.
Nationally, the total rig count has also seen a minor uptick. There are currently 588 rigs active across the country. Further information on the rig count and oil prices is available, including details on the regional and national benchmarks, which have decreased in recent days.
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About this story
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: July 31, 2026 ·
Source: Odessa American (oaoa.com) ·
Reading time: 1 min
Frequently asked about this story
What is this story about? In the Permian Basin, recent activity shows a slight increase. The number of active rigs is now at 260. This is a small rise from the previous week. Nationally, the total rig count has also seen a…
When was this published? This article was first published on July 31, 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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