Eagle Ford Rig Count at 94

Eagle Ford Rig Counts

The Eagle Ford Shale rig count fell by four, ending the week with 94 rigs running across our coverage area by midday Friday.

In recent Eagle Ford news, the Texas Railroad Commission Chairman weighs in on the the congressional vote to repeal oil export ban, saying it is an important step closer to energy independence. 

Read more: Oil Export Ban on Its Way Out?

A total of 787 were running across the United States this week. 192 rigs were targeting natural gas (three more than the previous week) and 595were 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.)351 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 are at 12 this week as natural gas prices traded at $2.43/mmbtu, a $.06 decrease from the previous week.

The oil rig count is at 82 and WTI oil prices ended the week at $47.26, a decrease of $2.92 A total of 85 rigs are drilling horizontal wells, two are drilling directional wells, and seven are vertical rigs. Karnes County leads the region in development with 22 rigs 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

Eagle Ford Town Thrives Despite Oil Crisis

Is Fracking Safe?

Karnes County Leads U.S. Oil 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 Rigs Now Below 100

Eagle Ford Rig Counts

The Eagle Ford Shale rig count fell below 100, ending the week with 98 rigs running across our coverage area by midday Friday.

In recent Eagle Ford news, new data is showing the state has lost 28,300 jobs oil and gas jobs since December. 

Read more:Texas Oil & Gas Jobs Decline

The U.S. rig count fell by 14 this week, ending with 795 rigs running by midday Friday. A total of 189 rigs were targeting natural gas (six less than the previous week) and 605 were targeting oil in the U.S. (9 less than the previous week). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.)353 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 are at 13 this week as natural gas prices traded at $2.49/mmbtu, a $.02 increase from the previous week.

The oil rig count is at 84 and WTI oil prices ended the week at $50.18, an increase of $4.52. A total of 88 rigs are drilling horizontal wells, two are drilling directional wells, and eight are vertical rigs. Karnes County leads the region in development with 23 rigs 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

Crashes Linked to Oil & Gas Activity

New Natural Gas Processing & Pipelines for Eagle Ford

Chesapeake Cut 740 Jobs

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 by Three

Eagle Ford Rig Counts

The Eagle Ford Shale rig count fell by three this week to 100 rigs running across our coverage area by midday Friday.

In recent Eagle Ford news, controversy is brewing over whether the state should continue to drill for oil and gas on public University Lands.

Read more:Fracking Ban: A Disaster for Texas Universities

The U.S. rig count plunged by 29 this week, ending with 809 rigs running by midday Friday.  A total of 195 rigs were targeting natural gas (one more than the previous week) and 614 were targeting oil in the U.S. (26 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 fell are at 14 this week as natural gas prices traded at $2.47/mmbtu, a $.09 decrease from the previous week.

The oil rig count is at 86 and WTI oil prices ended the week at $45.66, a decrease of $.04. A total of 87 rigs are drilling horizontal wells, two are drilling directional wells, and eight are vertical rigs. Karnes County leads the region in development with 21 rigs 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

Federal Fracking Rules Halted

Eagle Ford Sets Record for Lonestar

Downsizing in 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 at 103

Eagle Ford Rig Counts

The Eagle Ford Shale rig count gained ground this week returning to 103 rigs running across our coverage area by midday Friday.

In recent Eagle Ford news, the Obama administration’s newly proposed regulations on methane emissions will likely cost the oil and gas industry as much as $420 million and add additional pressure to stressed Eagle Ford producers.

Read more: Will Methane Regulations Kill Texas Jobs?

The U.S. rig count fell by four this week, ending with 838 rigs running by midday Friday.  A total of 194 rigs were targeting natural gas (down four from previous week) and 640 were targeting oil in the U.S. (one 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 fell to 13 this week as natural gas prices traded at $2.56/mmbtu, a $.03 decrease from the previous week.

The oil rig count was at 89 and WTI oil prices ended the week at $45.70, an increase of $.70. A total of 89 rigs are drilling horizontal wells, two are drilling directional wells, and 12 are vertical rigs. DeWitt and Karnes Counties both took the lead at 17 rigs this week. See the full list below in the Eagle Ford Shale Drilling by County below.

Eagle Ford Shale Drilling by Count

Eagle Ford Shale News

Alta Mesa Pulls out of Eagle Ford

Shale Industry Shake-Up

EOG: New Technology in 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 Falls to 103

Eagle Ford Rig Counts

The Eagle Ford Shale rig count fell this week to 103 rigs running across our coverage area by midday Friday.

In recent Eagle Ford news, Goodrich Petroleum announced this week it has closed on a huge deal to sell off some of its Eagle Ford assets.

Read more:Goodrich Finalizes Eagle Ford Deal

The U.S. rig count fell by 16 this week, ending with 848 rigs running by midday Friday.  A total of 196 rigs were targeting natural gas (down six from previous week) and 652 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.)366 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 to 14 this week as natural gas prices traded at $2.70/mmbtu, a $.04 decrease from the previous week.

The oil rig count was at 89 and WTI oil prices are at $45.22, a decrease of $1.40. A total of 94 rigs are drilling horizontal wells, one are drilling directional wells, and eight are vertical rigs. DeWitt County moves ahead with 17 rigs this week, with Karnes (16) following closely behind. See the full list below in the Eagle Ford Shale Drilling by County below.

Eagle Ford Shale Drilling by Count

Eagle Ford Shale News

Abraxas Chief Slashes Salary

Texas Workforce Waffles

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