Eagle Ford Rig Count - July 8, 2011
The Eagle Ford Shale rig count remained flat at 222 active drilling rigs. The gas rig count remained at 111 rigs drilling, while the oil rig count was unchanged at 110 active rigs. One rig in La Salle County is drilling an injection well. Horizontal rigs account for 201 of the 222 rigs drilling in the South Texas region. With oil prices hovering around $100 per barrel don't expect the rig count to back off any time soon. Stay tuned each week for an update on the South Texas rig count. Better yet, Subscribe by RSS or Subscribe by Email.
Drilling Rig Count by County
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 rig count referred to in this article is for ALL drilling reported by SmithBits and not solely wells targeting the Eagle Ford Shale.
All land rig count and onshore rig data shown here are based upon industry estimates provided by the Baker Hughes Rig Count and/or Smith Service Co's (Schlumberger) Smith Rig Count.