Welcome to the Oilfield1 Weekly Report. Providing you the latest U.S. oil prices, rig counts & more.

Weekly Sponsor: Enterprise Management Services LLC

Current U.S. Oil Price: $70.11

US Rig Count: 1,148 (-9)

Permit count: 1,161 (-18)

Rigs Waiting to Spud: 56 (+12)

Rigs on the move: 473 (+47)