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Rig Count and Earless Lizard

Eagle Ford Minute Oct 7

It was inevitable. Few people have heard of the spot-tailed earless lizard, once common in South Texas.

But the rare lizard’s likely habitat includes large swaths of the Eagle Ford Shale, the prolific oil and gas field south of San Antonio. A 2010 petition by an environmental group to list the spot-tailed earless lizard as a federally protected species is hanging in limbo.

Meanwhile, the Eagle Ford is rapidly approaching the 1 million barrels-per-day mark for crude oil production. Read More

The Eagle Ford Shale rig count decreased by one to 267 rigs running across our coverage area by the end of last week.

The U.S. rig count decreased by nine to 1,922 rigs running by the end of last week. A total of 330 rigs were targeting natural gas (eight less than the previous week) and 1,591 were targeting oil in the U.S. (1 less than the previous week). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.).  895 or ~48% of rigs active in the U.S. were running in Texas. Read More

This has been Randy watson of the No Bull Radio Network with the Eagleford minute.

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Updated: October 7, 2014 — 9:16 am
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