Eagle Ford Rig Count Up to 119

Eagle Ford Rigs Increase

The Eagle Ford Shale rig count increased this week to 119 rigs running across our coverage area by midday Friday.

In recent Eagle Ford news, the Energy Information Administration reported last week that Eagle Ford Shale gas production increased by 349% in the past eight years, even as rig counts plummeted.

Read more: Eagle Ford Natural Gas up 349%

The U.S. rig count increased slightly, ending with 859 rigs running by midday Friay.  A total of 228 rigs were targeting natural gas (five more the previous week) and 628 were targeting oil in the U.S. (three less than the previous week). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.)361 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 near the bottom of this article.

Eagle Ford Oil & Gas Rigs

Natural gas rigs in the Eagle Ford stayed flat at 26 this week and natural gas prices traded at $2.77/mmbtu, an decrease of  $.05 from the previous week.

The oil rig count increased by two to 91 with WTI oil prices remaining stable at $59.63, an $.02 increase. A total of 109 rigs are drilling horizontal wells, one rig are drilling directional wells, and seven are vertical rigs. Karnes leads development this week and is running 20 rigs, while LaSalle (19) and Webb (16) follow closely. See the full list below in the Eagle Ford Shale Drilling by County below.

Eagle Ford Shale Drilling by Count

Eagle Ford Shale News

Twin Eagle Expands Eagle Ford Operations

Japan Eyes Eagle Ford Natural Gas

Birthday of 2014 Oil Crash

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 115

Eagle Ford Rig Count Increases

The Eagle Ford Shale rig count increased by one to 115 rigs running across our coverage area by midday Friday.

In recent Eagle Ford news, XTO and Enervest were summoned to Austin last week to try and persuade the Texas Railroad Commission that their operations are not to blame for recent earthquakes in North Dallas.

Read more: Producers Defend Fracking Practices

The U.S. rig count slowed its decline this week falling by two to 857 rigs running by midday Friday.  A total of 223 rigs were targeting natural gas (dtwo more than the previous week) and 631 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.)363 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 near the bottom of this article.

Eagle Ford Oil & Gas Rigs

Natural gas rigs in the Eagle Ford rose another four to 26 this week and natural gas prices traded at $2.82/mmbtu, an increase of $.06 from the previous week.

The oil rig count decreased by three to 89with WTI oil prices moving down this week to $59.61, an $.37 decrease. A total of 109 rigs are drilling horizontal wells, one rigs are drilling directional wells, and five are vertical rigs. LaSalle led the Eagle Ford count with 20 rigs, while Karnes (19), Webb (16) and DeWitt (16)following closely. See the full list below in the Eagle Ford Shale Drilling by County below.

Eagle Ford Shale Drilling by County

Eagle Ford Shale News

Pipeline Explodes in DeWitt County

EP Energy Expands Operations

Karnes County Explosion Proves Costly

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 Holds Steady

Eagle Ford Rig Count at 114

The Eagle Ford Shale rig count stayed flat this week with 114 rigs running across our coverage area by midday Friday.

In recent Eagle Ford news, scientists met with Railroad Commissioner Ryan Sitton and other officials for a technical discussion about the science behind a recent study that links fracking and earthquakes.

Read more: Texas Earthquakes: The Verdict is Still Out

The U.S. rig count fell by nine, ending with 859 rigs running by midday Friday.  A total of 221 rigs were targeting natural gas (down one from the previous week) and 635 were targeting oil in the U.S. (seven less than the previous week). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.)363 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 near the bottom of this article.

Eagle Ford Oil & Gas Rigs

Natural gas rigs in the Eagle Ford rose by three to 22 this week and natural gas prices traded at $2.76/mmbtu, an increase of  $.17 from the previous week.

The oil rig count decreased by three to 92 with WTI oil prices moving upwards this week to $59.98, an $.85 increase. A total of 110 rigs are drilling horizontal wells, zero rigs are drilling directional wells, and four are vertical rigs. LaSalle moved ahead this week and is running 21 rigs, while Karnes (19), Webb (17) and DeWitt (17)following closely. See the full list below in the Eagle Ford Shale Drilling by County below.

Eagle Ford Shale Drilling by County

Eagle Ford Shale News

Texas Outranks OPEC Nations

Eagle Ford Shale Midstream Sold

Karnes County Accident Worst in 20 Years

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 Oil Rigs Fall Below 100

Eagle Ford Rigs Fall This Week

The Eagle Ford Shale rig count fell 11 this week to 114 rigs running across our coverage area by midday Friday.

In recent Eagle Ford news, the Texas Railroad Commission released its latest statistics showing the state’s oil and gas production continues to impress, with the Eagle Ford leading the way.

Read more: Eagle Ford Leads the State

The U.S. rig count fell by seven, ending with 868 rigs running by midday Friday.  A total of 222 rigs were targeting natural gas (down three from the previous week) and 642 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.)364 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 near the bottom of this article.

Eagle Ford Oil & Gas Rigs

Natural gas rigs in the Eagle Ford fell by seven to 19 this week and natural gas prices traded at $2.59/mmbtu, a decrease of  $.06 from the previous week.

The oil rig count decreased by seven to 95 with WTI oil prices continuing to inch upwards this week to $59.13, a decrease of $1.08. A total of 112 rigs are drilling horizontal wells, zero rigs are drilling directional wells, and two are vertical rigs. Karnes county leads Eagle Ford drilling this week running 20 rigs, while LaSalle (18) and Webb (17) following closely. See the full list below in the Eagle Ford Shale Drilling by County below.

Eagle Ford Shale Drilling by Count

Eagle Ford Shale News

Eagle Ford Shale and Mexico: An Important Partnership

Eagle Ford Shale Drives Carrizo’s Q1

Repsol Moves into 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.

Read more at bakerhughes.com

Eagle Ford Rig Count Back to 125

Eagle Ford Rigs Gain One This Week

The Eagle Ford Shale rig count bounced back up to 125 rigs running across our coverage area by midday Friday.

In recent Eagle Ford news, Matador resources report that the low oil prices have taken a toll on the company’s earnings and caused them to temporarily suspend operations in the Eagle Ford Shale.

Read more: Matador Still Keen on the Eagle Ford

The U.S. rig count fell by 10, ending with 875 rigs running by midday Friday.  A total of 225 rigs were targeting natural gas (an increase of three from the previous week) and 646 were targeting oil in the U.S. (13than the previous week). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.)369 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 near the bottom of this article.

Eagle Ford Oil & Gas Rigs

Natural gas rigs in the Eagle Ford gained one to 22 this week and natural gas prices traded at $2.65/mmbtu, an decrease of  $.24 from the previous week.

The oil rig count remained flat at 103 with WTI oil prices continuing to inch upwards this week to $60.21, an increase of $.49. A total of 116 rigs are drilling horizontal wells, zero rigs are drilling directional wells, and vertical rigs stayed at nine. Karnes county leads Eagle Ford drilling this week running 22 rigs, while LaSalle (19) and Webb (18) following closely. See the full list below in the Eagle Ford Shale Drilling by County below.

Eagle Ford Shale Drilling by Count

Eagle Ford Shale News

Penn Virginia Invests in the Eagle Ford

Texas Earthquake Study Under Review

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