Eagle Ford Shale Rig Count - July 1, 2011
The Eagle Ford Shale rig count is up 4 rigs to 220 active drilling rigs from 216 the prior week. The gas rig count rose 3 rigs to 111 rigs drilling, while the oil rig count rose 1 rig to 108 active rigs. One rig is drilling an injection well. Horizontal rigs account for 200 of the 220 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 right here each week for updates on the South Texas rig count, or receive these updates as part of our free news feed. 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.