Eagle Ford Rig Count Gains One
The Eagle Ford Shale rig count gained one, ending the week ending with 44 rigs running across our coverage area by midday Friday.
In recent Eagle Ford news, a group of citizens from one Nordheim is suing the Texas Railroad Commission over plans for a waste site in their community.
Read more: Nordheim Citizens Sue Texas Railroad Commission
A total of 479 oil and gas rigs were running across the United States this week, and increase from last week of17. 83 were targeting natural gas (two more than the previous week) and 396 were targeting oil in the U.S. (15 more than the previous week). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.) 230 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 region targeted natural gas this week with the commodity trading at $2.60/mmbtu.
The Eagle Ford rigs targeting oil dropped to 34 with WTI oil prices inching to $44.49, a $2.83 increase this week.
A total of 37 rigs are drilling horizontal wells, one is drilling directional wells and six are vertical.
Karnes County leads development in the region with eight rigs running this week. See the full list below in the Eagle Ford Shale Drilling by County below.
Eagle Ford Shale Drilling by County
agle Ford Shale News
Texas Oilfield Relief Initiative Takes Shape
EOG Boasts 2,000 Eagle Ford Locations
Nordheim Citizens Sue Texas Railroad Commission
Chesapeake to Run 3 Rigs in 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.
Read more at bakerhughes.com