Watch U.S. Oil Drilling Collapse—and Rise Again - Bloomberg

... Raw rig counts are losing their predictive power. The drilling industry is increasingly automated, and wells are pumping oil faster. Gone are the abundant high-paying jobs in pop-up oil towns filled with roughnecks. The U.S. now produces 9 million barrels a day; when the shale boom first crossed that threshold in 2014, more than twice as many rigs were actively drilling.

https://www.bloomberg.com/graphics/2017-oil-rigs/