Eagle Ford Rig Count Increases to 55

RRC Assesses Fines for Oil & Gas violations
Eagle Ford Rigs

Eagle Ford Operators Put Rigs Back Online

The Eagle Ford Shale rig count increased by two this week, with our data showing 55 rigs running across our coverage area by midday Friday.

In recent Eagle Ford news, The Railroad Commission of Texas recently assessed $556,237 in fines involving 180 enforcement dockets against oil and gas operators and businesses.

Read more: RRC Assesses Fines

A total of 657 oil and gas rigs were running across the United States this week, a gain of five over last week. 132 rigs targeted natural gas (three more than the previous week) and 525 were targeting oil in the U.S. (two more than the previous week). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.) 324 of the rigs active in the U.S. were running in Texas.

Baker Hughes reports its own Eagle Ford Rig Count that covers the 14 core counties. The rig count published on EagleFordShale.com includes a 30 county area impacted by Eagle Ford development. A full list of the counties included can be found in the table below.

Eagle Ford Oil & Gas Rigs

Eight rigs in the Eagle Ford region targeted natural gas this week with the commodity increasing to $3.72/mmbtu.

47 Eagle Ford rigs were targeting oil with WTI oil prices gaining slightly to $53.72. 

A total of 48 rigs are drilling horizontal wells, zero are drilling directional wells and seven are vertical.

Karnes County leads this week with 12 rigs in production. See the full list below in the Eagle Ford Shale Drilling by County below.

Eagle Ford Shale Drilling by County

County Previous Week Current Week County Previous Week Current Week
KARNES 12 12 ZAVALA 1 1
LA SALLE 8 8 AUSTIN 0 0
WEBB 6 7 BEE 0 0
ATASCOSA 5 5 BRAZOS 0 0
DE WITT 4 4 DUVAL 0 0
DIMMIT 3 4 FAYETTE 0 0
GONZALES 3 3 GRIMES 0 0
ROBERTSON 3 3 LEE 0 0
LAVACA 2 2 LIVE OAK 0 0
BURLESON 1 1 MADISON 0 0
COLORADO 1 1 MAVERICK 0 0
FRIO 1 1 MILAM 0 0
GOLIAD 1 1 WASHINGTON 0 0
LEON 1 1 WILSON 0 0
MCMULLEN 1 1 BASTROP 0 0

Eagle Ford Shale News

Sundance Energy Gains McMullen County Assets

Eagle Ford Counties Win Award for Legislative Initiatives

RRC Assesses $8,651,857 in Fines for 2106

Fear of Earthquake Threaten Texas Lease Sales

 

What is the Rig Count?

The Eagle Ford Shale Rig Count is an index of the total number of oil & gas drilling rigs running across a 30 county area in South Texas. The South Texas rigs referred to in this article are for ALL drilling reported by Baker Hughes and not solely wells targeting the Eagle Ford formation. All land rigs and onshore rig data shown here are based upon industry estimates provided by the Baker Hughes Rig Count.

Read more at bakerhughes.com

The following two tabs change content below.
Elizabeth Alford

Elizabeth Alford

Elizabeth Alford writes on significant news developments in the Eagle Ford oil and gas play taking place across South TX. She is a freelance writer with an extensive communications, PR, and staff writing background.
Elizabeth Alford

Latest posts by Elizabeth Alford (see all)

MENU