The Eagle Ford Rig Count Climbs to 68

Eagle Ford Operators Put Rigs Back Online

The Eagle Ford Shale rig count increased again this week, with our data showing 68 rigs running across our coverage area by midday Friday.

In recent Eagle Ford news, Halcón Resources has announced it will sell its Eagle Ford assets (“El Halcón”) to Hawkwood Energy for $500 million.

Read more: Halcón Resources Exits the Eagle Ford

A total of 728 oil and gas rigs were running across the United States this week, a gain of 27 over last week. 145 rigs targeted natural gas (the same as the previous week) and 583 were targeting oil in the U.S. (27 more than the previous week). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.) 355 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 trading at $3.06/mmbtu.

61 Eagle Ford rigs were targeting oil with WTI oil prices increasing slightly to $53.80. 

A total of 59 rigs are drilling horizontal wells, two are drilling directional wells and seven 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

EnerVest Shifts from Barnett to Eagle Ford

Halcón Resources Exits the Eagle Ford

Eagle Ford Rig Count at 65

RRC Facing Budget Challenges

Swift Energy Cuts 56 Houston 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 at 65

Eagle Ford Operators Put Rigs Back Online

The Eagle Ford Shale rig count gained four this week, with our data showing 65 rigs running across our coverage area by midday Friday.

In recent Eagle Ford news, rumors are swirling about Swift Energy as they plan to layoff more employees while moving office locations.

Read more: Swift Energy Cuts 56 Jobs

A total of 701 oil and gas rigs were running across the United States this week, an increase of eight over last week. 145 rigs targeted natural gas (three more than the previous week) and 555 were targeting oil in the U.S. (five more 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

Seven rigs in the Eagle Ford region targeted natural gas this week with the commodity trading at $3.39/mmbtu.

58 Eagle Ford rigs were targeting oil with WTI oil prices dipped slightly to $53.17. 

A total of 58 rigs are drilling horizontal wells, one are drilling directional wells and seven 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

Many Oil and Gas Workers Still Unemployed

RRC Facing Budget Challenges

Fracking Boosts Local Economies

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

The Eagle Ford Shale rig count climbed this week, with our data showing 61 rigs running across our coverage area by midday Friday.

In recent Eagle Ford news, the Texas Railroad Commission is facing a budget crunch as oil and gas prices continue to lag.

Read more: RRC Facing Budget Challenges

A total of 693 oil and gas rigs were running across the United States this week, 35 over last week. 142 rigs targeted natural gas (six more than the previous week) and 551 were targeting oil in the U.S. (29 more 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

Nine rigs in the Eagle Ford region targeted natural gas this week with the commodity trading at $3.20/mmbtu.

52 Eagle Ford rigs were targeting oil with WTI oil prices increasing slightly to $53.22. 

A total of 52 rigs are drilling horizontal wells, one are drilling directional wells and nine 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

RRC Facing Budget Challenges

RRC’s Sitton Blasts EPA for Unnecessary Regulations

Swift Energy Cuts 56 Houston Jobs

Anadarko to Sell 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 Dips

Eagle Ford Rig Count Drops

The Eagle Ford Shale rig count reversed its recent trend this week, falling to 56 rigs running across our coverage area by midday Friday.

In recent Eagle Ford news, The University of Chicago released a study showing the economic benefits of fracking on local economies still outweigh the more undesirable side effects, according to a new study.

Read more: Fracking Boosts Local Economies

A total of 658 oil and gas rigs were running across the United States this week, a loss of six over last week. 136 rigs targeted natural gas (one more than the previous week) and 522 were targeting oil in the U.S. (seven less than the previous week). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.) 325 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 trading at $3.46/mmbtu.

48 Eagle Ford rigs were targeting oil with WTI oil prices dipping slightly to $52.55. 

A total of 52 rigs are drilling horizontal wells, one are drilling directional wells and three 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

Many Oil and Gas Workers Still Unemployed

Fracking Boosts Local Economies

SM Energy Sells Eagle Ford Assets

RRC’s Sitton Blasts EPA for Unnecessary Regulations

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

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 Continues to Climb

Eagle Ford Operators Put Rigs Back Online

The Eagle Ford Shale rig count continues to climb this week, with our data showing 58 rigs running across our coverage area by midday Friday.

In recent Eagle Ford news, Texas Railroad Commissioner Ryan Sitton issued a statement criticizing the recent court decision concerning oil and gas waste disposal.

Read more: Sitton Blasts EPA for Unnecessary Regulations

A total of 664 oil and gas rigs were running across the United States this week, a gain of seven over last week. 135 rigs targeted natural gas (three more than the previous week) and 529 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.) 327 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 trading at $3.29/mmbtu.

49 Eagle Ford rigs were targeting oil with WTI oil prices gaining slightly to $53.99. 

A total of 51 rigs are drilling horizontal wells, zero are drilling directional wells and seven 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

SM Energy Sells Eagle Ford Assets

Lucas Energy is Now Camber Energy, Inc

RRC’s Sitton Blasts EPA for Unnecessary Regulations

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

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