24/7 Wall St. | Oil Rig Count Falls by 4; Hedge Funds Bet on Rising Prices 24/7 Wall St. In the week ended September 25, the number of rigs drilling for oil in the United States totaled 640, compared with 644 in the prior week and 1,592 a year ago. Including 198 other rigs mostly drilling for natural gas, there are a total of 838 working ... US Oil-Rig Count Falls to 640 UPDATE 1-US oil drillers cut rigs for 4th week on weak crude-Baker Hughes Baker Hughes: US Oil Drillers Cut Rigs For 4th Week On Weak Crude |