The number of oil drilling rigs in the United States rose during the week ending July 17, according to data released on Friday by Baker Hughes, after remaining unchanged the previous week.

Oil and gas drilling rigs - US

Item | Year ago | Previous week | Current | Weekly change | Change since year Oil rigs: 422, 445, 452, +7, 30 Gas rigs: 117, 126, 126, 0, 9 Oil and gas rigs: 539, 571, 578, +7, 39 What does that mean? Looking at the data of the last 12 weeks, it appears that the number of oil rigs increased by 45 rigs, while gas rigs decreased by 3 rigs, and the rise in the number of drilling rigs indicates a potential increase in production in the short term.