24/7 Wall St. | Oil Rig Count Jumped by 11 Last Week, Hedge Funds Changed Directions Again 24/7 Wall St. In the week ended July 1, the number of rigs drilling for oil in the United States totaled 341, up by 11 compared with the prior week and a total of 640 a year ago. Including 89 other rigs drilling for natural gas and one rig listed as “miscellaneous ... U.S. Drillers Bring Back Rigs as Oil Market Seen Stabilizing Number of US Oil Rigs Rise by 11 Over Past Week Oil rig count rises by the most in 6 months |