US oil production and related activity data for the week ending January 30, 2025, show current output levels alongside key indicators such as the number of active oil rigs, drilling permits issued, and well completions. These metrics provide insight into the near-term trends in domestic oil supply.
The oil rig count remained steady compared to the previous week, while drilling permits showed a slight increase. Well completions also experienced a modest rise, suggesting ongoing development efforts in the sector.
**Why this matters**
Tracking oil production and activity indicators helps assess the future availability of US crude oil. Changes in rig counts, permits, and completions can signal shifts in production capacity, which impact energy markets, prices, and economic planning.