Eagle Ford Shale Rig Count - June 24, 2011
The Eagle Ford Shale rig count activity was down 4 rigs to 216 from 220 the prior week . The gas rig count remained flat at 108 rigs, while the oil rig count dropped from 111 to 107. One rig is drilling an injection well. Horizontal rigs account for 197 of the 216 rigs drilling in the South Texas region. Drilling activity will likely continue to climb over the coming months as operators commit more rigs to the area. Stay tuned each week for an update on the South Texas rig count. Better yet, Subscribe by RSS.
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