A recent count shows oil and gas rigs operating nationwide total 588. This is a decrease of five from the previous week. The number of rigs exploring for oil decreased by three, while those searching for natural gas decreased by one.

Rig activity in one region was up, with 267 rigs currently active. This represents an increase of two from the previous week. A year ago, there were 255 active rigs in this region.

Further details on rig counts and oil prices are available, including the current cost of crude per barrel and historical rig count data.