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US rig count down five as prices climb
Summary by The Odessa Editorial Desk · Byline on the source page: Odessa American , as published by Odessa American (oaoa.com)
· August 21, 2026
· 1 min read
Photo: Odessa American (oaoa.com) · view original
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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 21, 2026 Indexed here Aug 21, 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 points Rig activity in one region was up, with 267 rigs currently active. A recent count shows oil and gas rigs operating nationwide total 588.
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.
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Category: News ·
Published: August 21, 2026 ·
Source: Odessa American (oaoa.com) ·
Reading time: 1 min
Frequently asked about this story
What is this story about? 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…
When was this published? This article was first published on August 21, 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 .
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