Eagle Ford Shale Rig Count Stalled at 82

Eagle Ford Shale Rig Count

The Eagle Ford Shale rig count has stalled oer the last three weeks, with our data showing 82 rigs were running across our coverage area by midday Friday.  

In recent industry news, researchers at UT Arlington's (UTA) CLEAR Lab are citing three new studies that show bacteria near natural gas extraction sites around Texas are dangerous and resistant to antibiotics and traditional forms of disinfection.

Eagle Ford Groundwater Contains Harmful Bacteria

A total of 929 oil and gas rigs were running across the United States this week, eight more than last week. 180 rigs were targeting natural gas (+4) and 749 were targeting oil in the U.S. (+2). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.) 454 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

9 rigs in the Eagle Ford region targeted natural gas this week with the commodity trading at $3.06/mmbtu.

73 Eagle Ford rigs were targeting oil with WTI oil prices sitting at $58.36.

A total of 77 rigs are drilling horizontal wells, one is drilling a directional well and four are vertical.

Karnes County leads activity in the region with 18 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-December 1, 2017

Eagle Ford Shale Rig Count by County-December 1, 2017

 

Eagle Ford Shale News

Eagle Ford Groundwater Contains Harmful Bacteria

Pioneer Natural Resources Gets Excellent Results in the Eagle Ford

Texas Drilling Permits up Over 60%

Oil & Gas Companies Fined $1.8 Million

EOG: Eagle Ford Remains Resilient

 

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.