Drilling Rig Count
The Eagle Ford Shale drilling rig count increased six more rigs to 247 active drilling rigs. That’s jump from the Eagle Ford era record of 241 hit last week and the 239 we hit twice over the past two months.
The number of natural gas rigs working increase one to 125, while adding five oil rigs (122). Horizontal wells account for 215 of the 247 rigs drilling in the South Texas region. La Salle and Gonzales counties added two rigs each and no other county added or dropped more than one rig.
Chesapeake Energy (29) and EOG Resources (23) are the only operators with more than 20 rigs active in the play. 68 companies have an active drilling crew in the region.