Eagle Ford Rig Count Increases with All Horizontal Drilling

Eagle Ford Shale Rig Count

The Eagle Ford Shale rig count gained one this week, increasing the total to 87 rigs running across our coverage area by midday Friday. 

In recent Eagle Ford news, Preferred Proppants announced last week it has begun commercial operations at its Atascosa sand mine and facility. The opening of the Eagle Ford Shale facility is part of the company's strategy to move production closer to the demand.

Eagle Ford Shale Gets New Frac Sand Source

A total of 984 oil and gas rigs were running across the United States this week. 188 rigs were targeting natural gas (+7) and 796 were targeting oil (-4) in the U.S. The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.)  490 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 Eagle Ford region targeted natural gas this week with the commodity trading at $2.73/mmbtu.

77 Eagle Ford rigs were targeting oil with WTI oil prices at $62.04.

A total of 87 rigs are drilling horizontal wells with 0 wells drilling directional or vertical.

Karnes County leads activity in the region with 15 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-March 9, 2018

Eagle Ford Shale Rig Count by County-March 9, 2018

 

Eagle Ford Shale News

Eagle Ford Shale Gets New Frac Sand Source

Texas Oil and Gas Production for 2017

Crude Oil Prices Slip in February

RRC: 1,036 New Well Permits Issued in Texas

Eagle Ford Laboratory Will Test New Drilling Solutions

 

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.

Eagle Ford Shale Rig Count Unchanged at 86

Eagle Ford Shale Rig Count

The total Eagle Ford Shale rig count was unchanged this week, remaining at 86 rigs running across our coverage area by midday Friday. 

In recent Eagle Ford news, the Texas Railroad Commission reported preliminary production numbers for December 2017 showing the downward trend is continuing. 

Texas Oil and Gas Production for 2017

A total of 981 oil and gas rigs were running across the United States this week. 181 rigs were targeting natural gas (+2) and 800 were targeting oil (+1) in the U.S. The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.)  483 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 Eagle Ford region targeted natural gas this week with the commodity trading at $2.70/mmbtu.

76 Eagle Ford rigs were targeting oil with WTI oil prices at $61.25.

A total of 86 rigs are drilling horizontal wells, one is drilling directional and one is vertical.

Karnes County leads activity in the region with 15 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-March 2, 2018

Eagle Ford Shale Rig Count by County-March 2, 2018

 

Eagle Ford Shale News

Texas Oil and Gas Production for 2017

Crude Oil Prices Slip in February

RRC: 1,036 New Well Permits Issued in Texas

Eagle Ford Laboratory Will Test New Drilling Solutions

Texas Drilling Permits Up 30% for 2017

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.

Eagle Ford Operators Increase Horizontal Drilling; Rig Count Unchanged

Eagle Ford Rig Count

The total Eagle Ford Shale rig count was unchanged this week, though operators increased horizontal drilling in the area. There were 86 rigs running across our coverage area by midday Friday. 

In recent industry news, crude oil prices dipped in February after hitting a two-year high last month. 

Crude Oil Prices Slip in February

A total of 978 oil and gas rigs were running across the United States this week. 179 rigs were targeting natural gas (+2) and 799 were targeting oil (+1) in the U.S. The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.)  482 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

11 rigs in the Eagle Ford region targeted natural gas this week with the commodity trading at $2.63/mmbtu.

75 Eagle Ford rigs were targeting oil with WTI oil prices at $63.55, an increase of $1.87 from last week.

A total of 86 rigs are drilling horizontal wells, one is drilling directional and one is vertical.

Karnes County leads activity in the region with 16 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-February 23, 2018

Eagle Ford Shale Rig Count by County-February 23, 2018

 

Eagle Ford Shale News

Crude Oil Prices Slip in February

RRC: 1,036 New Well Permits Issued in Texas

Eagle Ford Laboratory Will Test New Drilling Solutions

Texas Drilling Permits Up 30% for 2017

New Pipeline System Coming to 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.

Eagle Ford Rig Count Up by Two

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The Eagle Ford Shale rig count increased by two this week, pushing the number to 86 rigs running across our coverage area by midday Friday. 

In recent Eagle Ford news, the Texas Railroad Commission (RRC) announced it granted more permits in January than last year at this time. 

RRC: 1,036 New Well Permits Issued in Texas

A total of 975 oil and gas rigs were running across the United States this week. 177 rigs were targeting natural gas (-7) and 798 were targeting oil (+7) in the U.S. The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.)  479 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 $2.56/mmbtu.

77 Eagle Ford rigs were targeting oil with WTI oil prices at $61.68, an increase of $2.48 from last week.

A total of 84 rigs are drilling horizontal wells, one is drilling directional and one is vertical.

Karnes County leads activity in the region with 16 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-February 15, 2018

Eagle Ford Shale Rig Count by County-February 15, 2018

 

Eagle Ford Shale News

RRC: 1,036 New Well Permits Issued in Texas

Eagle Ford Laboratory Will Test New Drilling Solutions

Texas Drilling Permits Up 30% for 2017

New Pipeline System Coming to the Eagle Ford

RRC's Christian Strikes Back at 'Fake' News

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.

Eagle Ford Shale Rig Count Increases for First Time this Year

Eagle Ford Shale Rig Count

The Eagle Ford Shale rig count jumped this week this week by four, with data showing 84 rigs running across our coverage area by midday Friday. This is the first increase seen in the region in 2018.

U.S. rig totals also increased as the industry saw commodity prices fall for crude oil and natural gas. 

A total of 975 oil and gas rigs were running across the United States this week. 184 rigs were targeting natural gas (+3) and 791 were targeting oil (+26) in the U.S. The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.)  479 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 $2.59/mmbtu.

75 Eagle Ford rigs were targeting oil with WTI oil prices at $59.20, falling $6.25 from last week.

A total of 82 rigs are drilling horizontal wells, one is drilling directional and one is vertical.

Karnes County leads activity in the region with 16 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-February 8, 2018

Eagle Ford Shale Rig Count by County-February 8, 2018

 

Eagle Ford Shale News

Eagle Ford Laboratory Will Test New Drilling Solutions

Texas Drilling Permits Up 30% for 2017

New Pipeline System Coming to the Eagle Ford

RRC's Christian Strikes Back at 'Fake' News

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.