Eagle Ford Rig Count at 32

Eagle Ford Rig Counts

The Eagle Ford Shale rig count dropped this week, ending with 32 rigs running across our coverage area by midday Friday.

In recent Eagle Ford news, a national non-profit that helps oilfield families in critical need of financial assistance has opened a new chapter to serve families in the Eagle Ford.

A total of 403 oil and gas rigs were running across the United States this week, down nine from last week. 85 were targeting natural gas (two less than the previous week) and 318 were targeting oil in the U.S. (the same as the previous week). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.)173 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

Natural gas rigs in the Eagle Ford dropped to four this week as natural gas prices dipping to $2.05/mmbtu.

The Eagle Ford rigs targeting oil fell this week to 28 with WTI oil prices climbing to $47.991, a $1.78 increase this week. A total of 31 rigs are drilling horizontal wells, zero are drilling directional wells, and three are vertical rigs.

Karnes County leads development in the region with 9 rigs running this week. See the full list below in the Eagle Ford Shale Drilling by County below.

Eagle Ford Shale News

Oilfield Helping Hands Serving Eagle Ford

Penn Virginia Corp. Files Chapter 11

Carrizo to Increase Eagle Ford Activity

Baytex Energy: Big Results in 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

Eagle Ford Rig Count Dips Again

Eagle Ford Rig Counts

The Eagle Ford Shale rig count fell again this week, ending with 34 rigs running across our coverage area by midday Friday.

In recent Eagle Ford news, Encana announced first quarter results that highlighted dramatic cost reductions, operational innovation and Eagle Ford flexibility.

Read more:Encana’s Reports Strong First Quarter

A total of 405 oil and gas rigs were running across the United States this week, down nine from last week. 87 were targeting natural gas (one more than the previous week) and 318 were targeting oil in the U.S. (10 less than the previous week). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.)181 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

Natural gas rigs in the Eagle Ford remained at six this week as natural gas prices remaining flat at $2.10/mmbtu.

The Eagle Ford rigs targeting oil fell this week to 29 with WTI oil prices settling in at $46.21, a $1.59 increase this week. A total of 31 rigs are drilling horizontal wells, zero are drilling directional wells, and three are vertical rigs.

Karnes County leads development in the region with 10 rigs running this week. See the full list below in the Eagle Ford Shale Drilling by County below.

Eagle Ford Shale News

Encana’s Reports Strong First Quarter

Noble Energy Reports Solid First Quarter

Sanchez Reports First Quarter Production Increase

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

Eagle Ford Rig Count at 35

Eagle Ford Rig Counts

The Eagle Ford Shale rig count fell again this week, ending with 35 rigs running across our coverage area by midday Friday.

In recent Eagle Ford news, the Texas Railroad Commission (RRC) granted a permit for a waste dump to be build on 143 acres in Nordheim amidst huge community opposition.

Read more: Eagle Ford Waste Facility Approved Amidst Protests

A total of 414 oil and gas rigs were running across the United States this week, down five from last week. 86 were targeting natural gas (one less than the previous week) and 328 were targeting oil in the U.S. (four less than the previous week). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.)188 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

Natural gas rigs in the Eagle Ford remained at six this week as natural gas prices declined slightly to $2.10/mmbtu.

The Eagle Ford rigs targeting oil fell this week to 29 with WTI oil prices dipping to $44.62, a $1.30 decrease this week. A total of 32 rigs are drilling horizontal wells, zero are drilling directional wells, and three are vertical rigs.

Karnes County leads development in the region with 11 rigs running this week. See the full list below in the Eagle Ford Shale Drilling by County below.

Eagle Ford Shale Drilling by County

Eagle Ford Shale News

Anadarko Holds the Line on Spending

Eagle Ford Waste Facility Approved Amidst Protests

Cabot Waits to Resume Eagle Ford Drilling

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

Eagle Ford Rig Count Drops Below 40

Eagle Ford Rig Counts

The Eagle Ford Shale rig count fell again this week, ending with 38 rigs running across our coverage area by midday Friday.

In recent Eagle Ford news,Pioneer Natural Resources announces first quarter results this week and hinted that they might restart Eagle Ford activity when crude hits $50.

Read more: Pioneer Waiting on $50 Oil for Eagle Ford

A total of 419 oil and gas rigs were running across the United States this week, down 12 from last week. 87 were targeting natural gas (one less than the previous week) and 332 were targeting oil in the U.S. (11 less than the previous week). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.)185 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

Natural gas rigs increased in the Eagle Ford increased to six this week as natural gas prices rose slightly to $2.18/mmbtu.

The Eagle Ford rigs targeting oil fell this week to 32 with  WTI oil prices continue their climb, ending the week at $45.92, a 2.19 increase this week. A total of 35 rigs are drilling horizontal wells, zero are drilling directional wells, and three are vertical rigs.

Karnes County leads development in the region with 11 rigs running this week. See the full list below in the Eagle Ford Shale Drilling by County below.

Eagle Ford Shale Drilling by County

Eagle Ford Shale News

Fracking & Water Safety: New Technology

Pioneer Waiting on $50 Oil for Eagle Ford

Will Koch Restart Pipeline?

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

Eagle For Rig Counts Slips to 40

Eagle Ford Rig Counts

The Eagle Ford Shale rig count fell by two, ending the week with 40 rigs running across our coverage area by midday Friday.

In recent Eagle Ford news, Goodrich Petroleum announced that they are seeking to eliminate approximately $400 million in debt through a Chapter 11 restructuring plan.

Read more:Goodrich Petroleum Files for Chapter 11

A total of 431 oil and gas rigs were running across the United States this week, down one from last week. 88 were targeting natural gas (seven more than the previous week) and 343 were targeting oil in the U.S. (eight less than the previous week). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.)187 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

Natural gas rigs increased in the Eagle Ford remained at five this week as natural gas prices jumped to $2.14/mmbtu.

The Eagle Ford rigs targeting oil fell this week to 35 as WTI oil prices continue their climb, ending the week at $43.73, a 3.37 increase this week. A total of 38 rigs are drilling horizontal wells, zero are drilling directional wells, and two are vertical rigs.

Karnes and Webb counties both lead development in the region each running with 10 rigs. See the full list below in the Eagle Ford Shale Drilling by County below.

Eagle Ford Shale Drilling by County

Eagle Ford Shale News

Oil Import Quotas Proposed

Abraxas: 20% Pay Cuts for Top Executives

Goodrich Petroleum Files for Chapter 11

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