Thursday, February 5, 2026
Analysis-Sliding US rig count outpaces efficiency gains, threatening onshore oil output- oil and gas 360

Analysis-Sliding US rig count outpaces efficiency gains, threatening onshore oil output

(Investing) – HOUSTON -The falling number of oil and gas rigs deployed across the United States is reaching a level that would indicate onshore crude output from the world’s top producer could fall in early 2026. U.S. energy companies are producing record amounts of oil, much of it from onshore shale fields. New techniques and technology, like longer lateral wells, automation