Rig Counts Decline Across the Country and the Eagle Ford Shale

The Eagle Ford Shale rig count continues to struggle, falling by 2 this week to 91 rigs running across our coverage area by midday Friday.

The total rig count across Texas adn the U.S. also declined for the first time in months. 

In recent Eagle Ford Shale news, the number of Texas oil and gas companies seeking debt relief decreased from 18 during the first four months of 2016 to four in 2017.

Bankruptcies Spike Across Texas; Shrink for Oil & Gas

A total of 950 oil and gas rigs were running across the United States this week, two less than last week. 186 rigs targeted natural gas (one less than the previous week) and 764 were 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.) 463 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

10 rigs in the Eagle Ford region targeted natural gas this week with the commodity trading lower at $2.97/mmbtu.

81 Eagle Ford rigs were targeting oil with WTI oil prices at $45.77.

A total of 88 rigs are drilling horizontal wells, zero are drilling directional wells and three are vertical.

Karnes County leads this week with 21 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 Rig Count by County-July 21, 2017

Eagle Ford Shale News

Bankruptcies Spike Across Texas; Shrink for Oil & Gas

Crude Oil Spill in Bastrop County

Eagle Ford Shale Counties Rank First in Oil, Gas and Condensate

Eagle Ford Oil Production Up

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.

Eagle Ford Shale Rig Count Falls to 93

The Eagle Ford Shale rig count fell by three this week with 93 rigs running across our coverage area by midday Friday.

In recent Eagle Ford Shale news, the Texas Railroad Commission is investigating a major oil spill in Eagle Ford's Bastrop County.

Read more: Crude Oil Spill in Bastrop County

A total of 952 oil and gas rigs were running across the United States this week, the same as last week. 187 rigs targeted natural gas (two less than the previous week) and 765 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.) 466 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 lower at $2.98/mmbtu.

84 Eagle Ford rigs were targeting oil with WTI oil prices at $46.68.

A total of 90 rigs are drilling horizontal wells, zero are drilling directional wells and three are vertical.

Karnes County leads this week with 21 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 Rig Count by County-July 9, 2017

Eagle Ford Shale News

Crude Oil Spill in Bastrop County

Eagle Ford Shale Counties Rank First in Oil, Gas and Condensate

Eagle Ford Oil Production Up

Sanchez Energy Sells 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.

Eagle Ford Shale Rig Count Increases; Commodity Prices Down

The Eagle Ford Shale rig count inched up this week after waffling for weeks. Our data shows 96 rigs running across our coverage area by midday Friday.

In recent Eagle Ford Shale news, the Energy Information Administration (EIA) is predicting a 43 thousand barrel a day increase for crude oil produced in the Eagle Ford Shale for July.  

Read more: Eagle Ford Oil Production Up

A total of 952 oil and gas rigs were running across the United States this week, a decrease of one over last week. 189 rigs targeted natural gas (five more than the previous week) and 763 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.) 463 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 lower at $2.86/mmbtu.

88 Eagle Ford rigs were targeting oil with WTI oil prices at $44.23.

A total of 93 rigs are drilling horizontal wells, zero are drilling directional wells and three are vertical.

Karnes County leads this week with 23 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 Rig Count by County-July 9, 2017

Eagle Ford Shale News

Eagle Ford Oil Production Up

Sanchez Energy Sells Eagle Ford Assets

Methane Levels in Eagle Ford Water Insignificant

NAFTA Revision Could Mean Energy Independence

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.

Eagle Ford Rig Count at a Standstill

The Eagle Ford Shale rig count remained unmoved this week, with a total of 94 rigs running across our coverage area by midday Friday.

In recent Eagle Ford Shale news, the U.S. Geological Survey released a new report showing that oil and gas production in the Eagle Ford is not significantly impacting drinking water wells. 

Read more: Methane Levels in Eagle Ford Water Insignificant

A total of 940 oil and gas rigs were running across the United States this week, a decrease of one over last week. 184 rigs targeted natural gas (one more than the previous week) and 756 were targeting oil in the U.S. (two less than the previous week). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.) 461 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 $3.04/mmbtu.

86 Eagle Ford rigs were targeting oil with WTI oil prices at $46.04.

A total of 91 rigs are drilling horizontal wells, zero are drilling directional wells and three are vertical.

Karnes County leads this week with 23 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 Rig Count by County-June 30, 2017

Eagle Ford Shale News

Sanchez Energy Sells Eagle Ford Assets

Methane Levels in Eagle Ford Water Insignificant

NAFTA Revision Could Mean Energy Independence

Texas Railroad Railroad Commission Gains Funding

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.

Eagle Ford Shale Rig Count Takes a Dive

The Eagle Ford Shale rig count shrunk by three this week, with our data showing 94 rigs running across our coverage area by midday Friday.

The rig count slowly increased during the first months of 2017, with many viewing this as a sign of recovery for the Eagle Ford Shale region. After a high in May of 101 rigs, the weekly rig count has waffled through June.  

Read more: Eagle Ford Rig Count Pushes to 101

A total of 941 oil and gas rigs were running across the United States this week, an increase of eight over last week. 183 rigs targeted natural gas (three less than the previous week) and 758 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.) 460 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 $2.93/mmbtu.

86 Eagle Ford rigs were targeting oil with WTI oil prices at $43.01.

A total of 91 rigs are drilling horizontal wells, zero are drilling directional wells and three are vertical.

Karnes County leads this week with 21 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 Rig Count by County-June 23, 2017

Eagle Ford Shale News

NAFTA Revision Could Mean Energy Independence

Texas Railroad Railroad Commission Gains Funding

Crude Production Rises in Eagle Ford and Across U.S.

Lonestar Increases Eagle Ford Holdings in 'Transformational' Deal

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.