Eagle Ford Rig Count Increases to 55

Eagle Ford Rig Count Increases

The Eagle Ford Shale rig count increased by two this week, with our data showing 55 rigs running across our coverage area by midday Friday.

In recent Eagle Ford news, The Railroad Commission of Texas recently assessed $556,237 in fines involving 180 enforcement dockets against oil and gas operators and businesses.

Read more: RRC Assesses Fines

A total of 657 oil and gas rigs were running across the United States this week, a gain of five over last week. 132 rigs targeted natural gas (three more than the previous week) and 525 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.) 324 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

Eight rigs in the Eagle Ford region targeted natural gas this week with the commodity increasing to $3.72/mmbtu.

47 Eagle Ford rigs were targeting oil with WTI oil prices gaining slightly to $53.72. 

A total of 48 rigs are drilling horizontal wells, zero are drilling directional wells and seven are vertical.

Karnes County leads this week with 12 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

Sundance Energy Gains McMullen County Assets

Eagle Ford Counties Win Award for Legislative Initiatives

RRC Assesses $8,651,857 in Fines for 2106

Fear of Earthquake Threaten Texas Lease Sales

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 Stalls Over Holiday

Eagle Ford Operators Put Rigs Back Online

The Eagle Ford Shale rig count remained flat this week, with our data showing 53 rigs running across our coverage area by midday Friday.

In recent Eagle Ford news, the Texas Railroad Commission announced it issued 673 original drilling permits in November 2016 compared, a drop from the 687 issued in November 2015.

Read more: Texas Drilling Permits Down

A total of 652 oil and gas rigs were running across the United States this week, a gain of 15 over last week. 129 rigs targeted natural gas (three more than the previous week) and 523 were targeting oil in the U.S. (13 more than the previous week). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.) 321 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

Seven rigs in the Eagle Ford region targeted natural gas this week with the commodity increasing to $3.66/mmbtu.

46 Eagle Ford rigs were targeting oil with WTI oil prices gaining slightly to $53.02. 

A total of 47 rigs are drilling horizontal wells, zero are drilling directional wells and six are vertical.

Karnes County leads this week with 12 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

Eagle Ford Counties Win Award for Legislative Initiatives

Texas Drilling Permits Down

Baytex Energy to Spend 70% of 2017 Capex in Eagle Ford

Halcón to Resume Eagle Ford 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 Operators Bring One Rig Online this Week

Eagle Ford Operators Bring One Rig Online

The Eagle Ford Shale rig count grew this week, with our data showing 53 rigs running across our coverage area by midday Friday.

In recent Eagle Ford news, Baytex Energy announces that 70% of its 2017 capital expenditures will be directed to its Eagle Ford operations.

Read more: Baytex Energy to Spend 70% of 2017 Capex in Eagle Ford

A total of 637 oil and gas rigs were running across the United States this week, a gain of 14 over last week. 126 rigs targeted natural gas (one more than the previous week) and 510 were targeting oil in the U.S. (12 more than the previous week). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.) 317 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

Nine rigs in the Eagle Ford region targeted natural gas this week with the commodity dipping to $3.42/mmbtu.

44 Eagle Ford rigs were targeting oil with WTI oil prices gaining slightly to $51.90. 

A total of 48 rigs are drilling horizontal wells, zero are drilling directional wells and five are vertical.

Karnes County leads this week with 14 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

Wildhorse Development Corp. Goes Public

New Eagle Ford Refinery to Bring Jobs

Baytex Energy to Spend 70% of 2017 Capex in Eagle Ford

Eagle Ford Couple Loses Claim in Texas Courts

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 Climbs to 52

Eagle Ford Operators Put Rigs Back Online

The Eagle Ford Shale rig count continued its climb this wee, with our data showing 52 rigs running across our coverage area by midday Friday.

In recent Eagle Ford news,  OPEC announced it will reduce oil production for the first time in eight years. This decision is great news for energy-producing regions in the United States including Texas and the Eagle Ford Shale Play. 

Read more: Eagle Ford to Gain From OPEC Production Decrease

A total of 623 oil and gas rigs were running across the United States this week, a gain of 27 over last week. 125 rigs targeted natural gas (six more than the previous week) and 498 were targeting oil in the U.S. (21 more than the previous week). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.) 303 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

Nine rigs in the Eagle Ford region targeted natural gas this week with the commodity gaining to $3.75/mmbtu.

43 Eagle Ford rigs were targeting oil with WTI oil prices dipping slightly to $51.50. 

A total of 46 rigs are drilling horizontal wells, zero are drilling directional wells and six are vertical.

Karnes County leads this week with 13 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

New Eagle Ford Refinery to Bring Jobs

Sanchez Production Partners Gain Eagle Ford Assets

Eagle Ford to Gain From OPEC Production Decrease

Eagle Ford Counties #1 in Oil & Gas

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 Jumps to 48

Eagle Ford Operators Put Rigs Back Online

The Eagle Ford Shale rig count gained three this week, with our data showing 48 rigs running across our coverage area by midday Friday.

In recent Eagle Ford news, South Korean refiner, GS Caltex, announced the purchase of 1 million barrels of U.S. crude from the Eagle Ford. The company previously unloaded another 1 million barrels in Yeosu, South Jeolla Province, during November.

Read more: Eagle Ford Oil Heads to South Korea

A total of 596 oil and gas rigs were running across the United States this week, a gain of four over last week. 119 rigs targeted natural gas (one more than the previous week) and 477 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.) 286 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

Nine rigs in the Eagle Ford region targeted natural gas this week with the commodity dropping to $3.46/mmbtu.

39 Eagle Ford rigs were targeting oil with WTI oil prices increasing to $51.68. 

A total of 42 rigs are drilling horizontal wells, zero are drilling directional wells and six are vertical.

Karnes County leads this week with 12 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

Eagle Ford Oil Heads to South Korea

Halcón Waiting for Crude Prices to Improve

Eagle Ford Counties #1 in Oil & Gas

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