Eagle Ford Shale Rig Count at 87; Crude Prices Dip

The Eagle Ford Shale rig count increased by one, ending the week with 87 rigs running across our coverage area by midday Friday. 

Rigs across the country have continued to shrink as crude oil prices dropped back into the $40 range this week.  

Texas Oil and Gas Jobs Increase

A total of 936 oil and gas rigs were running across the United States this week, four less than last week. 187 rigs were targeting natural gas (- 2) and 748 were targeting oil in the U.S. (-2). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.) 448 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

9 rigs in the Eagle Ford region targeted natural gas this week with the commodity trading at $2.86/mmbtu.

78 Eagle Ford rigs were targeting oil with WTI oil prices at $49.29.

A total of 82 rigs are drilling horizontal wells, two are drilling directional wells and three are vertical.

LaSalle County leads activity in the region with 17 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 Rig Count by County-October 6, 2017

Eagle Ford Shale News

Sanchez Sells Eagle Ford Acres for $105 Million

Texas Oil and Gas Jobs Increase for Seven Straight Months

Oil and Gas Production Down Across Texas

RRC Doubles Original Drilling Permits for June 2017

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 Steady at 86

The Eagle Ford Shale rig count held steady this week with 86 rigs running across our coverage area by midday Friday. 

In recent Eagle Ford News, the Federal Reserve Bank of Dallas reported that Texas oil and gas employment expanded in August by 1,700 jobs to roughly 218,500. This makes the seventh consecutive month that Texas has seen oil and gas job growth.

Texas Oil and Gas Jobs Increase for Seven Straight Months

A total of 940 oil and gas rigs were running across the United States this week, five more than last week. 189 rigs were targeting natural gas (- one) and 750 were targeting oil in the U.S. (+ six). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.) 451 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 at $3.01/mmbtu.

76 Eagle Ford rigs were targeting oil with WTI oil prices at $51.67.

A total of 81 rigs are drilling horizontal wells, two are drilling directional wells and three are vertical.

Karnes County leads activity in the region with 16 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 Rig Count by County-September 29, 2017

Eagle Ford Shale News

Sanchez Sells Eagle Ford Acres for $105 Million

Texas Oil and Gas Jobs Increase for Seven Straight Months

Oil and Gas Production Down Across Texas

RRC Doubles Original Drilling Permits for June 2017

Eagle Ford Shale Still in Recovery After Hurricane

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 Losses Horizontal Drilling Rigs

The Eagle Ford Shale rig count drops again as operators pull four horizontal rigs offline this week, taking the total to 86 rigs running across our coverage area by midday Friday. 

Oil and Gas Production Down Across Texas

A total of 935 oil and gas rigs were running across the United States this week, one less than last week. 190 rigs targeted natural gas (+ four) and 744 were targeting oil in the U.S. (- five). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.) 451 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 at $2.96/mmbtu.

78 Eagle Ford rigs were targeting oil with WTI oil prices at $49.61.

A total of 81 rigs are drilling horizontal wells, two are drilling directional wells and three are vertical.

Karnes County leads activity in the region with 16 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 Rig Count by County-September 22, 2017

Eagle Ford Shale News

Oil and Gas Production Down Across Texas

RRC Doubles Original Drilling Permits for June 2017

Eagle Ford Shale Still in Recovery After Hurricane

The Eagle Ford Shale: Hammered by Harvey

Sanchez Reduces Spending and Drilling for 2018

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 Unsteady

The Eagle Ford Shale rig count continues to waffle, with our data showing a drop last week to 88 rigs running across our coverage area by midday Friday. The total U.S. rig count is also falling. 

In recent Eagle Ford news, Texas' production of oil, gas, and condensate is at its lowest levels since February.

Oil and Gas Production Down Across Texas

A total of 936 oil and gas rigs were running across the United States this week, eight less than last week. 186 rigs targeted natural gas (down one) and 749 were targeting oil in the U.S. (down seven). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.) 452 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 at $3.08/mmbtu.

78 Eagle Ford rigs were targeting oil with WTI oil prices at $49.61.

A total of 85 rigs are drilling horizontal wells, zero are drilling directional wells and three are vertical.

Karnes County leads activity in the region with 16 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 Rig Count by County-September 15, 2017

Eagle Ford Shale News

Oil and Gas Production Down Across Texas

RRC Doubles Original Drilling Permits for June 2017

Eagle Ford Shale Still in Recovery After Hurricane

The Eagle Ford Shale: Hammered by Harvey

Sanchez Reduces Spending and Drilling for 2018

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 Increases Rig Count by One

The Eagle Ford Shale rig count gained ground this week, increasing to 89 rigs running across our coverage area by midday Friday. 

Baker Hughes suspended its weekly rig count data last week for Texas because Hurricane Harvey made it difficult to get accurate information.

The Eagle Ford Shale: Hammered by Harvey

A total of 944 oil and gas rigs were running across the United States this week, four more over last two weeks. 187 rigs targeted natural gas ( an increase of seven) and 756 were targeting oil in the U.S. (decreased by three). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.) 455 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 at $2.89/mmbtu.

79 Eagle Ford rigs were targeting oil with WTI oil prices at $47.48.

A total of 84 rigs are drilling horizontal wells, zero are drilling directional wells and five are vertical.

Karnes County leads activity in the region with 17 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 Rig Count by County-September 8, 2017

Eagle Ford Shale News

The Eagle Ford Shale: Hammered by Harvey

Sanchez Reduces Spending and Drilling for 2018

Lonestar's New Eagle Ford Assets Play Significant Role in Growth

RRC Doubles Original Drilling Permits for June 2017

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.