Eagle Ford Shale Rig Count – July 29, 2011

The Eagle Ford Shale rig count rose to 227 rigs drilling from 226 active drilling rigs in the prior week. The number of natural gas rigs working dropped two back down to 109 gas rigs drilling, while the oil rig count jumped to 117 active rigs from the previous week’s 113 rigs. 1 rig is drilling an disposal well in Milam County, TX. Horizontal rigs account for 206 of the 227 rigs drilling in the South Texas region.

In an operations update earlier in the week, Anadarko Petroleum released details on a well where the company drilled a horizontal lateral over 8,000 ft. We’re beginning to see more laterals extend beyond the common 4,000-5,000 ft range drilled on a typical 640 acre unit. With service costs rising, we’ll likely see more long laterals like the one drilled by Anadarko. Check out the news section to read more on Anadarko’s Eagle Ford Shale Operations Update

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Drilling Rig Count by County

Texas County Prior Week Current Week Texas County Prior Week Current Week
KARNES 30 31 BRAZOS 2 2
DIMMIT 28 28 FAYETTE 2 2
WEBB 26 24 ZAVALA 3 2
DEWITT 22 22 COLORADO 1 1
LA SALLE 21 21 DUVAL 1 1
GONZALES 17 20 GOLIAD 1 1
MCMULLEN 15 15 GRIMES 1 1
ATASCOSA 10 12 LAVACA 2 1
LIVE OAK 10 10 LEE 1 1
LEON 8 9 AUSTIN 0 0
FRIO 6 5 BASTROP 0 0
MADISON 5 5 BEE 0 0
ROBERTSON 5 5 BURLESON 0 0
WILSON 5 5 MAVERICK 1 0
MILAM 3 3 WASHINGTON 0 0

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 SmithBits and not solely wells targeting the Eagle Ford Shale.

All land rigs 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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