Eagle Ford Shale Rig Count – May 27, 2011

The Eagle Ford Shale rig count fell from 202 active drilling rigs last week to 198 this week. The gas rig count dropped down from 109 rigs drilling to 101, while the oil rig count jumped from 92 active rigs from the previous week’s count to 95. One rig is drilling an injection well.  Horizontal rigs account for 177 of the 198 rigs drilling in the South Texas region.

Drilling activity should continue to climb over the coming months as operators commit more rigs to the play. 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

 

Texas County Prior Week Current Week Texas County Prior Week Current Week
Karnes 24 23 Zavala 3 3
Webb 25 22 Robertson 4 3
La Salle 25 22 Burleson 3 3
Dimmit 19 21 Grimes 3 2
DeWitt 17 15 Fayette 2 2
Gonzales 14 13 Brazos 2 2
McMullen 13 12 Washington 1 1
Live Oak 9 9 Maverick 1 1
Leon 8 8 Bee 1 1
Frio 7 8 Austin 1 1
Wilson 6 6 Milam 0 0
Madison 4 6 Goliad 0 0
Atascosa 2 6 Colorado 0 0
Lavaca 4 4 Bastrop 0 0
Duval 4 4 Lee 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 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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