113 Rigs in the Eagle Ford

Crude Oil Prices Continue to Fall
Eagle Ford Rigs

Eagle Ford Rigs

The Eagle Ford Shale rig count fell this week to 113 rigs running across our coverage area as crude prices continue to fall. 

In recent Eagle Ford news, the Commerce Department has given permission for a limited amount of oil to be exported to Mexico. The agency approved an application from Pemex, Mexico’s national oil company, that would allow for the U.S. to exchange our light crude for Mexico’s heavy crude.

Read more: Swapping Oil with Mexico

The U.S. rig count increased by one, ending with 885 rigs running by midday Friday.  A total of 211 rigs were targeting natural gas (the same as the previous week) and 674 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.)   383 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 near the bottom of this article.

Eagle Ford Oil & Gas Rigs

Natural gas rigs in the Eagle Ford increased to 22 this week and natural gas prices traded at $2.68/mmbtu, a $.13 decrease from the previous week.

The oil rig count was at 91 as WTI oil prices dropped again to $40.45, a decrease of $1.68. A total of 102 rigs are drilling horizontal wells, one are drilling directional wells, and 10 are vertical rigs. Karnes County continues to lead development this week running 21 rigs, with DeWitt (17), following closely behind. See the full list below in the Eagle Ford Shale Drilling by County below.

Eagle Ford Shale Drilling by Count

County Previous Week Current Week County Previous Week Current Week
KARNES 21 21 ZAVALA 2 2
DE WITT 18 17 BRAZOS 1 1
DIMMIT 10 11 COLORADO 1 1
LA SALLE 10 11 GRIMES 1 1
MCMULLEN 11 11 MADISON 1 1
WEBB 11 10 WILSON 1 1
ATASCOSA 5 4 AUSTIN 0 0
BURLESON 4 4 FAYETTE 0 0
GONZALES 4 4 GOLIAD 1 0
FRIO 3 3 LEON 0 0
BEE 2 2 MAVERICK 1 0
DUVAL 2 2 MILAM 0 0
LAVACA 2 2 ROBERTSON 0 0
LEE 2 2 WASHINGTON 0 0
LIVE OAK 2 2 BASTROP 0 0

Eagle Ford Shale News

David Porter: EPA Rulings Will Kill Jobs

Is it “Doomsday” in the Eagle Ford?

Rancher Sues Fracking Operators

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

Eagle Ford Shale Task Force Report

The Task Force Addresses Many Public Concerns
Eagle Ford Shale Task Force Report

Eagle Ford Shale Task Force Report | Click to View Report

The Eagle Ford Task Force met throughout 2011 and 2012 to address concerns and challenges that accompany the growing economy across South Texas.

The group compiled its findings in a report published by the Texas Railroad Commission. The report was overshadowed by UTSA’s Updated Eagle Ford Study not long after its release, but there is still a wealth of information to take away. [Read more…]

Eagle Ford Task Force Turns to Natural Gas Flaring

Flaring is common when infrastructure isn't adequate
Natural Gas Flare

Gas Flare | Click to Enlarge

The Eagle Ford Task Force is turning its attention to natural gas flaring. Texas set a record for flaring permits earlier in the year and the trend will continue until pipelines and gathering systems catch up with drilling.

In oil producing areas like the Eagle Ford, drilling and first production is reached weeks and sometimes months before pipeline companies get natural gas infrastructure to the area. Oil can be moved with a truck, but natural gas needs pipelines.

Flaring is commonplace in oil producing areas and is very rarely abused. More often than not, flaring lasts only a few days or weeks. It is in the operators best interest to get paid for natural gas they’re producing. [Read more…]

Eagle Ford Task Force Finds South Texas Water Supply Sufficient

Data shows Carrizo Wilcox Aquifer contains enough water to support oil and gas development

The Eagle Ford Task Force (EFTF), appointed by Texas Railroad Commissioner David Porter, convened in San Antonio in November and December to discuss water quantity and usage as it relates to oil and gas production in the Eagle Ford Shale.

The 26-member group was presented with data and statistics concerning water usage from several sources, and subsequently met privately to discuss the data presented and consider its implications.

The task force came to the conclusion that, based on the information presented, the Carrizo Wilcox Aquifer in South Texas appears to contain enough water resources to support oil and gas drilling activities, including hydraulic fracturing, in the Eagle Ford Shale while meeting all other projected uses. [Read more…]

Task Force News and Resources

To keep up with Eagle Ford Task Force developments, visit both the Eagle Ford Task Force page and the Task Force News page.

Eagle Ford Task Force – Water Issues at the Forefront of Agenda

The Eagle Ford Task Force met November 2, at the UTSA campus in downtown San Antonio. Water issues are at the forefront of the task force’s agenda. Six experts invited by RRC Commissioner David Porter addressed the task force. Two of the presentation and the agenda can be accessed below

Both Darrell Brownlow, a geologist, and Stephen Jester, an engineer with ConocoPhillips, indicated there should be ample water to supply fracking needs in the Eagle Ford. Brownlow estimates that for every 1 acre-foot of water used in fracking that 280 acre-feet are used for other purposes. Jester estimates that at peak consumption the Eagle Ford will only account for 5-6.7% of water demand in the 16 county region he evaluated. That’s really focusing in on the core. The aquifers in the region cover much more than 16 counties. [Read more…]

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