The Eagle Ford Shale rig count decreased by three to 232 rigs running across our coverage area by the end of last week.
In recent Eagle Ford news, the U.S Geological Society registered close to a dozen quakes in the region ranging in intensity from a 2.6-3.7 on the richter scale within a 36 hour period. Earthquakes in Texas have been on the rise in recent years, causing many to make a connection between increased seismic activity and the fracking throughout the state.
Read more: Texas Quakes Alarm Residents
The U.S. rig count decreased by 43 to 1,633 rigs running by the end of last week. A total of 316 rigs were targeting natural gas (six more than the previous week) and 1,317 were targeting oil in the U.S. (10 more than the previous week). 753 of rigs active in the U.S. were running in Texas.
South Texas Oil & Gas News:
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