The US oil rig count has recently declined and is currently lower than it was a year ago by approximately 72 rigs, standing near 410 rigs.
Mostly True
US oil rig count fell again last week, now stands 72 rigs lower than a year ago at 410.
Nation’s oil and gas rig count dips again—so did Oklahoma’s - Oklahoma Energy Today
Source: okenergytoday.com
At a glance
Verified August 4, 2025Key Evidence
Oklahoma Energy on August 4, 2025 reported a dip in the nation's oil and gas rig count last week, including a decrease in Oklahoma's rigs, supporting the overall decline in US rig counts. The current total stands near 410 rigs, which is about 72 fewer than a year ago, confirming the scale of reduction mentioned.
The reporting
What the Evidence Shows
Recent reports confirm that the US oil and gas rig count has experienced another weekly decline, consistent with the claim. The current rig count is around 410, which aligns with the statement that it is 72 rigs lower than the same period last year. This trend reflects ongoing fluctuations in drilling activity influenced by market conditions and supply decisions.
While exact weekly figures can vary slightly depending on the source and timing of data collection, the general downward trend and the approximate magnitude of decline are supported by recent industry reports.
Primary trail
Verified Sources2
Open source