Eagle Ford Rig Count Increases with All Horizontal Drilling

Eagle Ford Shale Rig Count

The Eagle Ford Shale rig count gained one this week, increasing the total to 87 rigs running across our coverage area by midday Friday. 

In recent Eagle Ford news, Preferred Proppants announced last week it has begun commercial operations at its Atascosa sand mine and facility. The opening of the Eagle Ford Shale facility is part of the company's strategy to move production closer to the demand.

Eagle Ford Shale Gets New Frac Sand Source

A total of 984 oil and gas rigs were running across the United States this week. 188 rigs were targeting natural gas (+7) and 796 were targeting oil (-4) in the U.S. The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.)  490 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 below.

Eagle Ford Oil & Gas Rigs

10 rigs in the Eagle Ford region targeted natural gas this week with the commodity trading at $2.73/mmbtu.

77 Eagle Ford rigs were targeting oil with WTI oil prices at $62.04.

A total of 87 rigs are drilling horizontal wells with 0 wells drilling directional or vertical.

Karnes County leads activity in the region with 15 rigs in production. See the full list below in the Eagle Ford Shale Drilling by County below.

Eagle Ford Shale Drilling by County

 Eagle Ford Shale Rig Count by County-March 9, 2018

Eagle Ford Shale Rig Count by County-March 9, 2018

 

Eagle Ford Shale News

Eagle Ford Shale Gets New Frac Sand Source

Texas Oil and Gas Production for 2017

Crude Oil Prices Slip in February

RRC: 1,036 New Well Permits Issued in Texas

Eagle Ford Laboratory Will Test New Drilling Solutions

 

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.

Eagle Ford Shale Gets New Frac Sand Source

Eagle Ford Frac Sand

Eagle Ford Shale operators will soon have a new local source for frac sand.

Frac Sand Shipment Largest on Record

Preferred Proppants announced last week it has begun commercial operations at its Atascosa sand mine and facility. The opening of the Eagle Ford Shale facility is part of the company's strategy to move production closer to the demand.

This opening represents a significant event within our continued, multi-year localization strategy. The Atascosa facility, coupled with our second local plant opening in the near term in Monahans, Texas, will ultimately add over 6 million tons of capacity available to our customers in both the Permian Basin and Eagle Ford Shale.
— Michael O’Neill, founder and CEO of Preferred Sands

 

The facility is in the heart of the Eagle Ford in Atascosa and Bexar counties and will ultimately produce 3 million tons of local sand per year. Other details include:

  • Wet and dry plant and storage silos
  • Automated, multi-lane, drive-in, drive-out trucking capabilities.
  • Produces high quality 40/70 and 100 mesh local sand

Eagle Ford Shale Rig Count Unchanged at 86

Eagle Ford Shale Rig Count

The total Eagle Ford Shale rig count was unchanged this week, remaining at 86 rigs running across our coverage area by midday Friday. 

In recent Eagle Ford news, the Texas Railroad Commission reported preliminary production numbers for December 2017 showing the downward trend is continuing. 

Texas Oil and Gas Production for 2017

A total of 981 oil and gas rigs were running across the United States this week. 181 rigs were targeting natural gas (+2) and 800 were targeting oil (+1) in the U.S. The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.)  483 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 below.

Eagle Ford Oil & Gas Rigs

10 rigs in the Eagle Ford region targeted natural gas this week with the commodity trading at $2.70/mmbtu.

76 Eagle Ford rigs were targeting oil with WTI oil prices at $61.25.

A total of 86 rigs are drilling horizontal wells, one is drilling directional and one is vertical.

Karnes County leads activity in the region with 15 rigs in production. See the full list below in the Eagle Ford Shale Drilling by County below.

Eagle Ford Shale Drilling by County

 Eagle Ford Shale Rig Count by County-March 2, 2018

Eagle Ford Shale Rig Count by County-March 2, 2018

 

Eagle Ford Shale News

Texas Oil and Gas Production for 2017

Crude Oil Prices Slip in February

RRC: 1,036 New Well Permits Issued in Texas

Eagle Ford Laboratory Will Test New Drilling Solutions

Texas Drilling Permits Up 30% for 2017

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.

Texas Oil and Gas Production for 2017

Texas Oil & Gas Production

The Texas Railroad Commission reported preliminary production numbers for December 2017 showing the downward trend is continuing. 

Eagle Ford Shale: Horizontal Drilling Increases While Rig Count Unchanged

The state produced 78,085,085 barrels of crude oil in December, compared to 86,259,570 in 2016 and 514,503,830 mcf of natural gas, compared to 652,355,569 last year.

Total 2017 production for Texas dipped across the board. Oil production fell 14323446 bbls over 2016 numbers, though this total will likely shift once final totals are in. Natural gas also saw the lowest production since before 2011. 

Texas Oil and Gas production.png

Texas oIl and gas production came from 180,860 oil wells and 92,289 gas wells in December 2017.

Eagle Ford Production

Karnes County continues to rank the highest in the region for oil production, with 5,519,421 bbls reported for December 2017. For natural gas, Webb County is on top, having produced 35,845,073 mcf for December. 

Top Producing Eagle Ford Counties.png

Eagle Ford Operators Increase Horizontal Drilling; Rig Count Unchanged

Eagle Ford Rig Count

The total Eagle Ford Shale rig count was unchanged this week, though operators increased horizontal drilling in the area. There were 86 rigs running across our coverage area by midday Friday. 

In recent industry news, crude oil prices dipped in February after hitting a two-year high last month. 

Crude Oil Prices Slip in February

A total of 978 oil and gas rigs were running across the United States this week. 179 rigs were targeting natural gas (+2) and 799 were targeting oil (+1) in the U.S. The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.)  482 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 below.

Eagle Ford Oil & Gas Rigs

11 rigs in the Eagle Ford region targeted natural gas this week with the commodity trading at $2.63/mmbtu.

75 Eagle Ford rigs were targeting oil with WTI oil prices at $63.55, an increase of $1.87 from last week.

A total of 86 rigs are drilling horizontal wells, one is drilling directional and one is vertical.

Karnes County leads activity in the region with 16 rigs in production. See the full list below in the Eagle Ford Shale Drilling by County below.

Eagle Ford Shale Drilling by County

 Eagle Ford Shale Rig Count by County-February 23, 2018

Eagle Ford Shale Rig Count by County-February 23, 2018

 

Eagle Ford Shale News

Crude Oil Prices Slip in February

RRC: 1,036 New Well Permits Issued in Texas

Eagle Ford Laboratory Will Test New Drilling Solutions

Texas Drilling Permits Up 30% for 2017

New Pipeline System Coming to the Eagle Ford

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.