This week the Eagle Ford Shale rig count is down to 189 active drilling rigs from the prior week’s count of 193. The gas rig count fell from 115 to 110 rigs drilling, while the oil rig count is 70 down from 78 active rigs. One rig is drilling an injection well. Horizontal rigs account for 164 of the 189 rigs drilling in the South Texas region. Atascosa County was down 4 rigs for the week, but we assume these are likely moving within the county and will be back to work soon.
Drilling activity should continue to climb as operators finalize JV agreements and begin putting capital to work. Stay tuned each week for an update on the South Texas rig count. Better yet, Subscribe by RSS or Subscribe by Email.
Drilling Rig Count by County
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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 rig count referred to in this article is for ALL drilling reported by SmithBits and not solely wells targeting the Eagle Ford Shale.
All land rig count and onshore rig data shown here are based upon industry estimates provided by the Baker Hughes Rig Count and/or Smith Service Co’s (Schlumberger) Smith Rig Count.
Kenneth E. DuBose
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