Oil rig count in the U.S. by region November 2021
The Permian basin is the region with the largest number of oil rigs in the United States. As of end November 2021, there were 280 active rigs in the basin. The region with the second largest number of oil rigs at that time was Eagle Ford, with 37 rigs. Both basins are largely located in Texas. The number of operational oil and gas rigs has slowly increased again following a dramatic decline in spring 2020 as a result of the coronavirus pandemic and induced oil crisis.
In December 2015, the U.S. lifted a longtime ban on exports of crude oil from the U.S. Since that time, the amount of oil exported from the U.S. has also increased significantly. Despite the pandemic, 2020 saw the largest amount of oil exports from the U.S. in history. That year, the largest oil exporters globally included the U.S., Saudi Arabia, and Russia.
U.S. oil industry
The U.S. is the world’s leading oil-producing country, followed by Saudi Arabia. U.S. oil production peaked in 2019, at over 17 million barrels per day, before decreasing slightly in 2020.In December 2015, the U.S. lifted a longtime ban on exports of crude oil from the U.S. Since that time, the amount of oil exported from the U.S. has also increased significantly. Despite the pandemic, 2020 saw the largest amount of oil exports from the U.S. in history. That year, the largest oil exporters globally included the U.S., Saudi Arabia, and Russia.
