An updated Eagle Ford well map from the Texas Railroad Commission shows the number of natural gas wells producing in the play has doubled since January.
Over a 210 day period between January 7, 2013 and August 5, 2013, a little more than 7 oil wells and 4 gas wells have come online per day. A total of 1,537 oil wells and 954 natural gas wells have been brought to production.
Oil production from the play is up more than 60% year over year to more than 650,000 b/d. Don’t be surprised to see the Eagle Ford surpass the 1 million b/d mark sometime in 2014. Notable items include:
- 5,367 permits approved
- 4,045 oil wells online and producing
- 1,883 gas wells online and producing
- More than 11,000 permits have been issued in the play to date
Data from the RRC is always a little delayed, so the numbers reflected are not be 100% accurate. The RRC is at the mercy of companies reporting data in a timely fashion. I suspect we have well over 6,000 producing Eagle Ford wells today.