Eagle Ford Rig Count Gains One, Remains Sluggish

Eagle Ford Rig Count Gains One

The Eagle Ford Shale rig count gained slightly this week, with 39 rigs running across our coverage area by midday Friday.

In recent Eagle Ford news, U.S. Energy Information Administration (EIA) is forecasting shale oil production to fall for a 12th consecutive month in November with the Eagle Ford taking the biggest hit. 

Read more: EIA: Eagle Ford Shale the Biggest Loser

A total of 551 oil and gas rigs were running across the United States this week, a gain of 14  from last week. 108 rigs targeted natural gas (three more than the previous week) and 443 were targeting oil in the U.S. (11 more than the previous week). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.) 254 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

Six rigs in the Eagle Ford region targeted natural gas this week with the commodity trading at $2.96/mmbtu.

33 Eagle Ford rigs were targeting oil with WTI oil prices gaining slightly to $50.85 . 

A total of 37 rigs are drilling horizontal wells, zero are drilling directional wells and two are vertical.

Karnes and LaSalle leads production this week with seven rigs each 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 News

Lucas Energy Re-Activates Eagle Ford Assets

Chesapeake Faces Antitrust Investigation

EIA: Eagle Ford Shale the Biggest Loser

Texas Tax Revenues Drop 3.9%

Sanchez Production Partners to Acquire New Eagle Ford Assets

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 4

Eagle Ford Rig Count Drops

The Eagle Ford Shale rig count lost ground this week ending with38 rigs running across our coverage area by midday Friday.

In recent Eagle Ford news,Sanchez Production Partners (SPP) moves forward with plans to acquire new Eagle Ford assets.

Read more:Sanchez Production Partners to Acquire New Eagle Ford Assets

A total of 537 oil and gas rigs were running across the United States this week, a gain of 15  from last week. 105 rigs targeted natural gas (11 more than the previous week) and 432 were targeting oil in the U.S. (four more than the previous week). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.) 244 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

Five rigs in the Eagle Ford region targeted natural gas this week with the commodity trading at $3.28/mmbtu.

33 Eagle Ford rigs were targeting oil with WTI oil prices gaining $.54 to $50.35 . 

A total of 35 rigs are drilling horizontal wells, one is drilling directional wells and two are vertical.

LaSalle leads production this week with seven 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 News

Chesapeake Faces Antitrust Investigation

Texas Tax Revenues Drop 3.9%

Sanchez Production Partners to Acquire New Eagle Ford Assets

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 Shale Rig Count at 42

Eagle Ford Rig Count Gains One

The Eagle Ford Shale rig count gained one this week ending with 42 rigs running across our coverage area.

In recent Eagle Ford news, the Academy of Medicine, Engineering and Science of Texas (TAMEST) has created a new Shale Task Force to help Texans better understand the impacts of shale oil and gas development in Texas, and offer advice for future research topics and priorities.

Read more: Shale Task Force to Study Texas Industry

A total of 522 oil and gas rigs were running across the United States this week, an increase of one from last week of two. 94 rigs targeted natural gas (two less than the previous week) and 428 were targeting oil in the U.S. (three more than the previous week). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.) 247 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

Five rigs in the Eagle Ford region targeted natural gas this week with the commodity trading at $3.19/mmbtu.

37 Eagle Ford rigs were targeting oil with WTI oil prices gaining $1.57 to $49.81 . 

A total of 38 rigs are drilling horizontal wells, one is drilling directional wells and three are vertical.

LaSalle leads production this week with eight 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 News

DeWitt Landowners Sue Talisman

Federal Grant Targets Oil & Gas Workers

Venada and KKR to Develop Eagle Ford

Shale Task Force to Study Texas Industry

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 Shale Rig Count Falls to 41

Eagle Ford Rig Count Falls

The Eagle Ford Shale rig count loses ground this week ending with41 rigs running across our coverage area.

In recent Eagle Ford news, a former gate guard at BHP’s Dilworth Ranch in McMullen County, filed a class action lawsuit against Chapa Gate Guard Service, BHP Billion and BHP Billiton Petroleum. Cox alleges that the three companies violated the Fair Labor Standards Act (FLSA) of 1938 by paying her less than the minimum wage in addition to not paying overtime penalties and failing to record all of the time she worked.

Read more:BHP Accused of Not Paying Minimum Wage

A total of 521 oil and gas rigs were running across the United States this week, an increase of 11 from last week of two. 96 rigs targeted natural gas (four more than the previous week) and 425 were targeting oil in the U.S. (seven more than the previous week). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.) 245 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

Five rigs in the Eagle Ford region targeted natural gas this week with the commodity trading at $2.90/mmbtu.

36 Eagle Ford rigs were targeting oil with WTI oil prices gaining $3.76 to $48.24 . 

A total of 39 rigs are drilling horizontal wells, zero is drilling directional wells and two are vertical.

LaSalle leads production this week with seven 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 News

Noble energy Plans for Job Cuts

Newfield Exits the Eagle Ford

Fracking in Mexico’s Eagle Ford Could Begin Next Year

BHP Accused of Not Paying Minimum Wage

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 Shale Rig Count Stalls 4 Weeks in a Row

Eagle Ford Operators Put Rigs Back Online

The Eagle Ford Shale rig count was unchanged this week, making it the fourth week in a row ending with44 rigs running across our coverage area.

In recent Eagle Ford news, industry leaders gathered in San Antonio last week for the Hart Energy DUG Eagle Ford conference and exhibition, where conversation and presentations centered around the status of the Eagle Ford Shale outside of the boom.

Read more: Eagle Ford Shale Play Still Holds Great Value

A total of 510 oil and gas rigs were running across the United States this week, a decrease of 1 from last week of two. 92 rigs targeted natural gas (three more than the previous week) and 418 were targeting oil in the U.S. (two more than the previous week). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.) 246 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

Six rigs in the Eagle Ford region targeted natural gas this week with the commodity trading at $2.96/mmbtu.

The Eagle Ford rigs targeting oil were at 40 with WTI oil prices gaining $1.45 to $44.48 . 

A total of 40 rigs are drilling horizontal wells, zero is drilling directional wells and four are vertical.

Karnes County slipped from the number one spot this week dropping to six rigs. LaSalle leads production with seven rigs in operation. See the full list below in the Eagle Ford Shale Drilling by County below.

Eagle Ford Shale Drilling by County

Eagle Ford Shale News

Abraxas Sells Assets to Focus on Shale

Eagle Ford Shale Play Still Holds Great Value

Eagle Ford Drilling & Completion Report

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