The Permian Basin saw an increase in rig count this week, with 265 rigs now active in the region. This is up two from the previous week and also higher than the same time last year, when 255 rigs were active. Nationally, the oil and gas rig count rose by five, reaching a total of 593 rigs.

88 per barrel. Further details on the rig count and oil prices are available from Baker Hughes and other sources, including the Odessa American. The increase in rig count and oil prices may be of interest to local residents and businesses in the Odessa area.