US Oil Drilling Activity Ends Down for 2025, But Production Still Near Highs

Group 1: Rig Count and Production Data - The total number of active drilling rigs in the United States increased by 1 this week, bringing the total to 546, which is down by 43 from the same time last year [1] - The number of active oil rigs rose by 3 to 412, which is 70 below the same time last year, while gas rigs fell by 2 to 125, which is 22 more than last year [2] - The number of active drilling rigs in the Permian Basin remained at 247, which is 57 rigs lower than a year ago, and the Eagle Ford count decreased by 1 to 40, which is 5 fewer than last year [5] Group 2: Crude Oil Production Trends - U.S. crude oil production slightly increased by 2,000 barrels per day (bpd) to an average of 13.827 million bpd, just 26,000 bpd below the all-time high reached three weeks ago [3] - Despite fewer rigs operating compared to last year, U.S. crude production remains close to recent highs, with weekly output largely stable over the past month [4]