The Eagle Ford Shale rig count decreased by one to 260 rigs running across our coverage area by the end of last week.
The U.S. rig count decreased by 27 to 1,893 rigs running by the end of last week. A total of 346 rigs were targeting natural gas (up 2 from the previous week) and 1,546 were targeting oil in the U.S. (29 less than the previous week). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.). 872 or ~48% of rigs active in the U.S. were running in Texas.
The natural gas rig count in the Eagle Ford stayed flat at 18 rigs running by the end of last week. While the oil rig count decreased by one to 242 rigs running by the end of last week. Read More
We are now seeing prices under $3 a gallon for the first time in four years, which also means that gas stations are paying less for the fuel, too. So you think you finally are getting one over on the gas stations as you pay well under $3 a gallon for the first time in four years? Guess again. Read More
Go to No Bull Radio dot com for more details. This is Randy Watson of the No Bull Radio Network for the Eagle Ford Minute.
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