Eagle Ford Rig Counts Stay at 88

Eagle Ford Rig Counts

The Eagle Ford Shale rig count remained steady this week, ending with 88 rigs running across our coverage area by midday Friday.

In recent Eagle Ford news, the prolonged oil and gas downturn is causing people to leave the shale regions in search for jobs, according to analysts.

Read more: Eagle Ford Population Declines

A total of 744 oil and gas rigs were running across the United States this week. 189 were targeting natural gas (four less than the previous week) and 555 were targeting oil in the U.S. (nine less than the previous week). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.)336 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 rose slightly, trading at $2.21/mmbtu, a $.04 increase from the previous week.

The Eagle Ford oil rig count rose to 76 with WTI oil prices ending the week at $41.71, an decrease of $.04. A total of 79 rigs are drilling horizontal wells, two are drilling directional wells, and seven are vertical rigs. Karnes County leads the region in development with 20 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

Sanchez Energy Reports Q3 Results

Obama Rejects Keystone 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 Ford Rig Count at 88

Eagle Ford Rig Counts

The Eagle Ford Shale rig count increased by one this week ending with 88 rigs running across our coverage area by midday Friday.

In recent Eagle Ford news, the U.S. Energy Information Administration (EIA) released the latest drilling productivity report showing production across the shale basins continues to decline with the Eagle Ford taking a big hit.

Read more: EIA: Eagle Ford Production Plummeting

A total of 757 oil and gas rigs were running across the United States this week. 193 were targeting natural gas (the same as the previous week) and 564 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.)342 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 fell slightly, trading at $2.17/mmbtu, a $.19 decrease from the previous week.

The Eagle Ford oil rig count is to 75 with WTI oil prices ending the week at $42.11, an increase of $1.37. A total of 81 rigs are drilling horizontal wells, two are drilling directional wells, and five are vertical rigs. Karnes County leads the region in development with 20 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

Marathon Oil Shifts Focus to U.S. Shale

Atlas Shifting all Activity to Eagle Ford

UTSA: Eagle Ford Counties Must Diversify

Carrizo Plans Eagle Ford Acquisitions

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 to 86

Eagle Ford Rig Counts

The Eagle Ford Shale rig count fell by four this week ending with 86 rigs running across our coverage area by midday Friday.

In recent Eagle Ford news, lower oil prices and the drop in oil field activity have continued to impact the economy, with the Texas Economic Activity Index declining for a 10th straight month in August.

Read more: Texas Economy Declines

A total of 771 oil and gas rigs were running across the United States this week. 199 were targeting natural gas (two more than the previous week) and 572were targeting oil in the U.S. (five less than the previous week). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.)340 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 12 this week as natural gas prices rose slightly, trading at $2.37/mmbtu, a $.04 increase from the previous week.

The oil rig count dropped to 74 with WTI oil prices ending the week at $44.29, a decrease of $2.06. A total of 81 rigs are drilling horizontal wells, one are drilling directional wells, and four 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

Texas Oil & Gas Industry Will Prevail

Pioneer Resources Doubles Profits for Q3

Laborde Chosen as PSI Dealer/OEM

Anadarko Loses Big in Third Quarter

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 90

Eagle Ford Rig Counts

The Eagle Ford Shale rig count fell by four this week ending with 90 rigs running across our coverage area by midday Friday.

In recent Eagle Ford news, the U.S. Bureau of Labor Statistics released a report showing that Eagle Ford counties led the state in oil and gas related deaths for 2014.

Read more: Eagle Ford Oil Field Deaths Lead State

A total of 775 oil and gas rigs were running across the United States this week. 197 were targeting natural gas (four more than the previous week) and 578were targeting oil in the U.S. (16 less than the previous week). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.)339 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 12 this week as natural gas prices rose slightly, trading at $2.33/mmbtu, a $.04 increase from the previous week.

The oil rig count dropped to 78 with WTI oil prices ending the week at $46.35, a increase of $1.75. A total of 82 rigs are drilling horizontal wells, one 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

Cabot Oil & Gas Reducing Rigs in the Eagle Ford

China Grabs Texas Shale Fields

EXCO Suspends Eagle Ford Operations

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 Remains Steady

Eagle Ford Rig Counts

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

In recent Eagle Ford news, presidential hopeful Dr. Ben Carson spoke to a San Antonio crowd of over 2,000 last weekend saying he supports lifting the federal crude oil export ban and the controversial Keystone XL Pipeline.

Read more:Ben Carson Addresses Eagle Ford Crowd

A total of 787 oil and gas rigs were running across the United States this week. 193 were targeting natural gas (one more than the previous week) and 594were 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.)346 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 fell slightly, trading at $2.29/mmbtu, a $.14 decrease from the previous week.

The oil rig count stayed at 82 with WTI oil prices ending the week at $44.60, a decrease of $2.92. A total of 86 rigs are drilling horizontal wells, two are drilling directional wells, and six 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

Shale Oil Down But Not Out

Eagle Ford Explosion Under Investigation

EIA: Eagle Ford Production to Fall

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