The rig count is on the rise in Texas as producers across the state slowly bring oil and gas drilling rigs back online.
The Eagle Ford Shale rig count gained two this week with 84 rigs running across our coverage area by midday Friday.
In recent industry news, the U.S. Environmental Protection Agency (EPA) has recognized the Texas Railroad Commission for its work to protect underground sources of drinking water.
EPA Commends Texas for Protecting Water
A total of 931 oil and gas rigs were running across the United States this week, two more than last week. 180 rigs were targeting natural gas (+0) and 751 were targeting oil in the U.S. (+2). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.) 459 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
8 rigs in the Eagle Ford region targeted natural gas this week with the commodity trading at $2.77/mmbtu.
76 Eagle Ford rigs were targeting oil with WTI oil prices slipping to $57.36.
A total of 80 rigs are drilling horizontal wells, one is drilling a directional well and three 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 8, 2017
Eagle Ford Shale News
EPA Commends Texas for Protecting Water
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.