Signal · Commodities & Input Costs
U.S. Oil Rig Count Falls by 5 as Gas Rigs Rise
What the source reported
Source-reportedThe total number of active drilling rigs for oil and gas in the United States stayed the same this week, according to new data that Baker Hughes published on Friday, with the total rig count in the US staying at 588, up 52 from this same time last year. The number of active oil rigs fell by 5, sinking to 447 during the latest reporting period, according to the data. This is 35 above this same time last year. The number of gas rigs rose by 5 to 132, which is 13 more than this time last year. Miscellaneous rigs stayed the same at 9. The latest EIA…
- Publication
- Oilprice.com · Trade Publication
- Published
- 28th August 2026
- Original report
- oilprice.com
ProcIntel stores what the source published in its feed — a headline, a summary and a link. It does not store or reproduce the full article.
What ProcIntel recorded
ProcIntel-derived- Category
- Commodities & Input Costs
- Geography
- Global
- Organisations
- None identified
- Collected
- 28th August 2026 · 18:39
Initial assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.
A provisional, automatically computed reading of this individual Signal, before Event extraction or human review. Not a final rating.
Initial Significance Low (17.0/100). Strongest contributor: Procurement Impact (6.0/30 points). Limiting factor: Impact-Scale Specificity (0.0/10 points). Initial Confidence Low (33.0/100, data sufficiency: Insufficient). Strongest contributor: Source Authority (20.0/40 points). Limiting factor: Specificity (0.0/20 points).
- Strongest contributor
- Procurement Impact
- Limiting factor
- Impact-Scale Specificity