Archive · 19 Sep 2025

US Drillers Add Oil and Gas Rigs for Third Straight Week

US Drillers Add Oil and Gas Rigs for Third Straight Week

Imagine there are companies that drill for oil and gas.

Recently, these companies have started adding more drilling rigs for the third week in a row.

This means they are getting ready to produce more oil and gas.

The number of rigs is the highest since July.

Even though there are more rigs now, the total number is still less than last year.

Experts believe the amount of oil produced will increase next year.

Also, gas prices are predicted to go up, so companies may drill even more for gas.

Sources