Eagle Ford Rig Count Inches Up

Eagle Ford Rig Count Goes Up

The Eagle Ford Shale rig count inches up by one this week, ending with 32 rigs running across our coverage area by midday Friday.

In recent Eagle Ford news, Chesapeake Energy and Total E&P have agreed to pay $52.5 million to over 13,000 landowners who were cheated out of natural gas royalties.

Read more: Texas Royalty Owners Win $52.5 Million

A total of 407 oil and gas rigs were running across the United States this week, an increase of four over last week. 82 were targeting natural gas (five less than the previous week) and 325 were targeting oil in the U.S. (nine more than the previous week). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.) 176 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 were steady this week at three across the Eagle Ford, while natural gas prices jumped to $2.41/mmbtu.

The Eagle Ford rigs targeting oil increased to 29 with WTI oil prices dipping to $48.82, a $.45 decrease this week. A total of 30 rigs are drilling horizontal wells, zero are drilling directional wells, and one are vertical rigs.

Karnes County leads development in the region with 8 rigs running 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

Former Oilfield Workers Look to New Careers

Texas Royalty Owners Win $52.5 Million

Lonestar: Eagle Ford Production Up 23%

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 Slips by One

Eagle Ford rig count slips by one

The Eagle Ford Shale rig count fell by one this week, ending with31 rigs running across our coverage area by midday Friday.

In recent Eagle Ford news, Earthstone Energy executives express optimism that they can increase their Eagle Ford activity this summer as crude prices continue to move higher.

Read more: Earthstone Energy Looks to Resume Eagle Ford Activity

A total of 403 oil and gas rigs were running across the United States this week, down nine from last week. 87 were targeting natural gas (two more than the previous week) and 316 were targeting oil in the U.S. (two less that the previous week). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.) 173 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 dropped to three this week as natural gas prices climb to $2.17/mmbtu.

The Eagle Ford rigs targeting oil stayed flat at 28 with WTI oil prices climbing to $49.27, a $1.28 increase this week. A total of 30 rigs are drilling horizontal wells, zero are drilling directional wells, and one are vertical rigs.

Karnes County leads development in the region with 8 rigs running 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

Earthstone Energy Looks to Resume Eagle Ford Activity

EnerVest Grabs Eagle Ford Assets for $1.3 Billion

Kinder Morgan: Eagle Ford Production Down 28%

Texas Royalty Owners Win $52.5 Million

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 32

Eagle Ford Rig Counts

The Eagle Ford Shale rig count dropped this week, ending with 32 rigs running across our coverage area by midday Friday.

In recent Eagle Ford news, a national non-profit that helps oilfield families in critical need of financial assistance has opened a new chapter to serve families in the Eagle Ford.

A total of 403 oil and gas rigs were running across the United States this week, down nine from last week. 85 were targeting natural gas (two less than the previous week) and 318 were targeting oil in the U.S. (the same as the previous week). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.)173 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 dropped to four this week as natural gas prices dipping to $2.05/mmbtu.

The Eagle Ford rigs targeting oil fell this week to 28 with WTI oil prices climbing to $47.991, a $1.78 increase this week. A total of 31 rigs are drilling horizontal wells, zero are drilling directional wells, and three are vertical rigs.

Karnes County leads development in the region with 9 rigs running this week. See the full list below in the Eagle Ford Shale Drilling by County below.

Eagle Ford Shale News

Oilfield Helping Hands Serving Eagle Ford

Penn Virginia Corp. Files Chapter 11

Carrizo to Increase Eagle Ford Activity

Baytex Energy: Big Results in 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 Dips Again

Eagle Ford Rig Counts

The Eagle Ford Shale rig count fell again this week, ending with 34 rigs running across our coverage area by midday Friday.

In recent Eagle Ford news, Encana announced first quarter results that highlighted dramatic cost reductions, operational innovation and Eagle Ford flexibility.

Read more:Encana’s Reports Strong First Quarter

A total of 405 oil and gas rigs were running across the United States this week, down nine from last week. 87 were targeting natural gas (one more than the previous week) and 318 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.)181 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 six this week as natural gas prices remaining flat at $2.10/mmbtu.

The Eagle Ford rigs targeting oil fell this week to 29 with WTI oil prices settling in at $46.21, a $1.59 increase this week. A total of 31 rigs are drilling horizontal wells, zero are drilling directional wells, and three are vertical rigs.

Karnes County leads development in the region with 10 rigs running this week. See the full list below in the Eagle Ford Shale Drilling by County below.

Eagle Ford Shale News

Encana’s Reports Strong First Quarter

Noble Energy Reports Solid First Quarter

Sanchez Reports First Quarter Production Increase

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 Below 40

Eagle Ford Rig Counts

The Eagle Ford Shale rig count fell again this week, ending with 38 rigs running across our coverage area by midday Friday.

In recent Eagle Ford news,Pioneer Natural Resources announces first quarter results this week and hinted that they might restart Eagle Ford activity when crude hits $50.

Read more: Pioneer Waiting on $50 Oil for Eagle Ford

A total of 419 oil and gas rigs were running across the United States this week, down 12 from last week. 87 were targeting natural gas (one less than the previous week) and 332 were targeting oil in the U.S. (11 less than the previous week). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.)185 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 increased in the Eagle Ford increased to six this week as natural gas prices rose slightly to $2.18/mmbtu.

The Eagle Ford rigs targeting oil fell this week to 32 with  WTI oil prices continue their climb, ending the week at $45.92, a 2.19 increase this week. A total of 35 rigs are drilling horizontal wells, zero are drilling directional wells, and three are vertical rigs.

Karnes County leads development in the region with 11 rigs running 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

Fracking & Water Safety: New Technology

Pioneer Waiting on $50 Oil for Eagle Ford

Will Koch Restart 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