Oil rig count in the U.S. by region August 2022
The Permian basin is the region with the largest number of oil rigs in the United States. As of end August 2022, there were 344 active rigs in the basin. The region with the second largest number of oil rigs at that time was Eagle Ford, with 63 rigs. Both basins are mainly located in Texas. The number of operational U.S. oil and gas rigs has increased again from a pandemic-induced slump on the back of tighter fuel supplies due to the Russia-Ukraine war.
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. By 2021, exports had decreased slightly, amounting to 7.9 million barrels per day. The leading 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 in 2020 and 2021.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. By 2021, exports had decreased slightly, amounting to 7.9 million barrels per day. The leading oil exporters globally included the U.S., Saudi Arabia, and Russia.
