Eagle Ford Shale Rig Count Flat for Christmas

December 23, 2017 Elizabeth Alford

The Eagle Ford Shale rig count remains flat headed into the holiday, with 83 rigs running across our coverage area by midday Friday.

In recent Eagle Ford news, well completion rates have dropped dramatically this year and 2017 may see the fewest wells completed since before 2008, the earliest record published by the Texas Railroad Commission.

Well Completions Drop Dramatically in Texas

A total of 931 oil and gas rigs were running across the United States this week, one more than last week. 184 rigs were targeting natural gas (+1) and 747 were targeting oil in the U.S. (+0). 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

8 rigs in the Eagle Ford region targeted natural gas this week with the commodity trading at $2.67/mmbtu.

75 Eagle Ford rigs were targeting oil with WTI oil prices at $58.47.

A total of 80 rigs are drilling horizontal wells, zero are drilling directional 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-December 22, 2017

Eagle Ford Shale News

Well Completions Drop Dramatically in Texas

Carrizo Sells Eagle Ford Assets for $245 million

Oil and Gas Production Declines Across Texas

Oil and Gas Operators Fined $11,077,280 in 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 Drops to 83

December 17, 2017 Elizabeth Alford

The Eagle Ford Shale rig count slipped this week to 83 rigs running across our coverage area by midday Friday.

In recent industry news, production of oil, gas, and condensate in the state of Texas is continuing to decline, according to the Texas Railroad Commission(RRC).

Oil and Gas Production Declines Across Texas

A total of 930 oil and gas rigs were running across the United States this week, one less than last week. 183 rigs were targeting natural gas (+3) and 747 were targeting oil in the U.S. (-4). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.) 457 of the rigs active in the U.S. were running in Texas.

Eagle Ford Oil & Gas Rigs

8 rigs in the Eagle Ford region targeted natural gas this week with the commodity trading at $2.61/mmbtu.

75 Eagle Ford rigs were targeting oil with WTI oil prices at $57.30.

A total of 80 rigs are drilling horizontal wells, zero are drilling directional 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-December 15, 2017

Eagle Ford Shale News

Oil and Gas Production Declines Across Texas

Oil and Gas Operators Fined $11,077,280 in 2017

EPA Commends Texas for Protecting Water

Eagle Ford Groundwater Contains Harmful Bacteria

What is the Rig Count?

Rig Count Rising in Texas; Eagle Ford Gains Two

December 9, 2017 Elizabeth Alford

The rig count is on the rise in Texas as producers across the state slowly bring oil and gas drilling rigs back online.

The Eagle Ford Shale rig count gained two this week with 84 rigs running across our coverage area by midday Friday.

In recent industry news, the U.S. Environmental Protection Agency (EPA) has recognized the Texas Railroad Commission for its work to protect underground sources of drinking water.

EPA Commends Texas for Protecting Water

A total of 931 oil and gas rigs were running across the United States this week, two more than last week. 180 rigs were targeting natural gas (+0) and 751 were targeting oil in the U.S. (+2). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.) 459 of the rigs active in the U.S. were running in Texas.

Eagle Ford Oil & Gas Rigs

8 rigs in the Eagle Ford region targeted natural gas this week with the commodity trading at $2.77/mmbtu.

76 Eagle Ford rigs were targeting oil with WTI oil prices slipping to $57.36.

A total of 80 rigs are drilling horizontal wells, one is drilling a directional well and three are vertical.

Karnes County leads activity in the region with 18 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-December 8, 2017

Eagle Ford Shale News

EPA Commends Texas for Protecting Water

Eagle Ford Groundwater Contains Harmful Bacteria

Pioneer Natural Resources Gets Excellent Results in the Eagle Ford

Texas Drilling Permits up Over 60%

Oil & Gas Companies Fined $1.8 Million

EOG: Eagle Ford Remains Resilient

What is the Rig Count?

Eagle Ford Shale Rig Count Stalled at 82

December 2, 2017 Elizabeth Alford

The Eagle Ford Shale rig count has stalled oer the last three weeks, with our data showing 82 rigs were running across our coverage area by midday Friday.

In recent industry news, researchers at UT Arlington's (UTA) CLEAR Lab are citing three new studies that show bacteria near natural gas extraction sites around Texas are dangerous and resistant to antibiotics and traditional forms of disinfection.

Eagle Ford Groundwater Contains Harmful Bacteria

A total of 929 oil and gas rigs were running across the United States this week, eight more than last week. 180 rigs were targeting natural gas (+4) and 749 were targeting oil in the U.S. (+2). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.) 454 of the rigs active in the U.S. were running in Texas.

Eagle Ford Oil & Gas Rigs

9 rigs in the Eagle Ford region targeted natural gas this week with the commodity trading at $3.06/mmbtu.

73 Eagle Ford rigs were targeting oil with WTI oil prices sitting at $58.36.

A total of 77 rigs are drilling horizontal wells, one is drilling a directional well and four are vertical.

Karnes County leads activity in the region with 18 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-December 1, 2017

Eagle Ford Shale News

Eagle Ford Groundwater Contains Harmful Bacteria

Pioneer Natural Resources Gets Excellent Results in the Eagle Ford

Texas Drilling Permits up Over 60%

Oil & Gas Companies Fined $1.8 Million

EOG: Eagle Ford Remains Resilient

What is the Rig Count?

Rig Count Increases Across Country; Flat in Eagle Ford

November 19, 2017 Elizabeth Alford

The number of drilling rigs across the country increased this week, while Eagle Ford Shale rig count was unchanged with 82 rigs were running across our coverage area by midday Friday.

In recent industry news, Texas oil and gas companies have been ordered to pay fines of over $1.8 million for various rules violations and compliance issues.

Oil & Gas Companies Fined $1.8 Million

A total of 915 oil and gas rigs were running across the United States this week, eight more than last week. 177 rigs were targeting natural gas (+8) and 738 were targeting oil in the U.S. (+0). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.) 449 of the rigs active in the U.S. were running in Texas.