Eagle Ford Shale Rig Count – June 24, 2011

The Eagle Ford Shale rig count activity was down 4 rigs to 216 from 220 the prior week . The gas rig count remained flat at 108 rigs, while the oil rig count dropped from 111 to 107.  One rig is drilling an injection well.  Horizontal rigs account for 197 of the 216 rigs drilling in the South Texas region.

Drilling activity will likely continue to climb over the coming months as operators commit more rigs to the area. 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

[column size=”1-1″]
Texas County
Webb
Dimmit
Karnes
DeWitt
La Salle
Gonzales
McMullen
Live Oak
Atascosa
Leon
Frio
Robertson
Zavala
Wilson
Madison
[/column]
[column size=”1-1″]
Prior Week
29
24
24
21
22
16
17
10
8
8
7
6
6
5
5
[/column]
[column size=”1-1″]
Current Week
31
24
24
22
20
18
16
8
8
8
6
6
5
5
5
[/column]
[column size=”1-1″]
Texas County
Lavaca
Brazos
Fayette
Grimes
Lee
Duval
Maverick
Colorado
Bee
Washington
Austin
Bastrop
Burleson
Goliad
Milam
[/column]
[column size=”1-1″]
Prior Week
4
1
2
1
2
1
1
0
1
1
1
0
0
0
0
[/column]
[column size=”1-1″]
Current Week
3
3
1
2
1
1
1
1
0
0
0
0
0
0
0
[/column]

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

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Kenneth E. DuBose

Kenneth E. DuBose

Kenneth DuBose is the past President of Cheyenne Minerals Inc., an independent oil and gas operator. He began his energy industry career with ARCO Oil & Gas. Mr. DuBose then directed development of natural gas storage projects with Tejas Power Corp. He was a founding member of U.S. Minerals, (acquired by Torch Energy in 1999) a provider of internet based education for America’s mineral owners. Mr. DuBose holds a BS in Petroleum Engineering from Mississippi State University. He has served on various industry steering committees, non-profit boards, and is an active member of the Society of Petroleum Engineers, the National Association of Royalty Owners, the American Association of Professional Landmen, as well as being a Registered Investment Advisor. He writes on topics of oil and gas investing, wealth management and personal finance, having appeared in the Wall Street Journal, Kiplinger’s, Kiplinger’s Personal Finance, Houston Business Journal, Financial Advisor and various radio and TV outlets.
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