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

Weekly Sponsor: Texas Peeps Hat Co.

Current U.S. Oil Price: $66.87

US Rig Count: 1,154 (-14)

Permit count: 972 (-31)

Rigs Waiting to Spud: 50

Rigs on the move: 447