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Drilling rigs boom in Texas and across the US
Fuel Fix ^ | May 16, 2013 | Jennifer Hiller

Posted on 05/16/2013 5:36:15 AM PDT by thackney

In case you were wondering whether there was really an oil Renaissance happening in Texas, the state has 838 drilling rigs – about 47 percent of all U.S. rigs and 26 percent of drilling rigs worldwide.

The Texas rigs are mostly operating in five fields across the state, according to the latest Baker Hughes Rig Count.

The Permian Basin in West Texas has 397 rigs, the Eagle Ford in South Texas has 234, the Granite Wash in the Panhandle has 44, the Barnett Shale in North Texas has 31 and the Haynesville Shale in East Texas has 19.

Our neighbors continue to see an enormous amount of oil and gas activity as well. Oklahoma has 190 drilling rigs, Louisiana has 106, New Mexico has 77 and Arkansas has 15 rigs, according to Baker Hughes.

Here are how many drilling rigs were working in the Eagle Ford Shale counties as of the May 10 report:

Atascosa County: 11 Bee County: 1 Dewitt County: 26 Dimmit County: 25 Frio County: 2 Gonzales County: 24 Karnes County: 34 La Salle County: 28 Live Oak County: 18 Maverick County: 1 McMullen County: 33 Webb County: 20 Wilson County: 4 Zavala County: 7

And here are rigs across the country: Alabama: 6 Alaska: 8 Arkansas: 15 California: 41 Colorado: 63 Florida: 1 Illinois: 4 Indiana: 2 Kansas: 28 Kentucky: 1 Louisiana: 106 Michigan: 1 Mississippi: 12 Montana: 10 Nebraska: 1 Nevada: 4 New Mexico: 77 North Dakota: 176 Ohio: 32 Oklahoma: 190 Pennsylvania: 59 South Dakota: 1 Texas: 838 Utah: 29 Virginia: 1 West Virginia: 23 Wyoming: 40


TOPICS: News/Current Events; US: Texas
KEYWORDS: eagleford; energy; oil; permian
Nearly half the active drilling rigs in the country are in Texas.

Related links at the source.

Interactive map of drilling rigs with details:

http://gis.bakerhughesdirect.com/RigCounts/

1 posted on 05/16/2013 5:36:16 AM PDT by thackney
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To: thackney

Sad to say we have one less drilling in TX, Robinson Rig 21 collapsed the deric last week. Good news noby was hurt!


2 posted on 05/16/2013 5:46:31 AM PDT by Dusty Road
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To: thackney

Interesting info as always, thackney. Unfortunately, the BH GIS rig map page doesn’t seem to be working, for me at least. The KS info on just 28 rigs working seems a little light, given a presentation I recently attended on one company’s plan for the Mississippian Lime play.


3 posted on 05/16/2013 5:49:29 AM PDT by T-Bird45 (It feels like the seventies, and it shouldn't.)
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To: thackney

All this drilling. We are awash in oil and especially natural gas... and yet gasoline in $4 per gallon. I understand there is not a direct, straight-line connection, but something is screwy.


4 posted on 05/16/2013 5:58:46 AM PDT by Obadiah (High speed, low drag.)
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To: Obadiah

First, the Midwest is recovering from some refinery outages both planned and unplanned at the same time. See http://www.freerepublic.com/focus/news/3020038/posts?page=36#36

Second, we are not awash with cheap oil. These tight and relatively deep formation are not cheap to produce and they decline fast; they have to be replaced relatively quickly compared to conventional sources. If the price of crude drops down “low”, these sources are not going to be pursued with a bunch of rigs like today.


5 posted on 05/16/2013 6:05:29 AM PDT by thackney (life is fragile, handle with prayer)
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To: T-Bird45

That is actively drilling last week only. Being set up, planned, moved, etc are not in that count. Only rigs drilling down at that time are counted. Workover and completion rigs are not counted either, just active drilling for that specific week.


6 posted on 05/16/2013 6:07:21 AM PDT by thackney (life is fragile, handle with prayer)
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To: Dusty Road
Good news noby was hurt!

Very good news.

7 posted on 05/16/2013 6:08:18 AM PDT by thackney (life is fragile, handle with prayer)
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To: thackney

A year ago I wandered around the Permian Basin for three days, just taking it all in. I was astounded by the activity.

There were white pickups and tankers and dry tankers busy busy busy. It was a sight to see. All those white pickups out in the great nowhere kicking up dust. Each had a mission but they all looked pretty much the same.

Help wanted signs were extremely common. For every pipe fitter there are waitresses and cooks and RV park types and book keepers and on and on needed

With the count you posted, it must be even more intense now


8 posted on 05/16/2013 6:15:35 AM PDT by bert ((K.E. N.P. N.C. +12 .....History is a process, not an event)
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To: thackney

Okay, just do what you can to lower the cost of gasoline. :-)


9 posted on 05/16/2013 6:18:41 AM PDT by Obadiah (High speed, low drag.)
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To: Obadiah

My grandfather owned an oil lease in Texas during the early twenties. He said that he walked to work, because shoe leather was cheaper than gas.


10 posted on 05/16/2013 6:25:59 AM PDT by Coldwater Creek (He who dwells in thee shelter of the Most High will rest in the shadows of the Almighty Psalm 91:)
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To: thackney

Drilling in Kern County is steady, but workover rigs are getting parked at a fairly high rate.


11 posted on 05/16/2013 6:26:48 AM PDT by twistedwrench
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To: thackney
"Drill, baby, drill".
12 posted on 05/16/2013 6:37:24 AM PDT by Wonder Warthog
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To: thackney

Its pretty durn busy in South Central TX... Gonzales area is awash in White Trucks and Tanker Rigs... Somebody is always hauling some piece of drilling equipment one place or the other....

Thinkin about goin into the Hot Shot business..


13 posted on 05/16/2013 6:40:45 AM PDT by Rightly Biased (Avenge me Girls AVENEGE ME!!!! ( I don't have any son's))
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To: thackney

Fact is a lot of these well will probably never reach payout.

It will end up costing them more to drill to completion than they will ever get out of it.


14 posted on 05/16/2013 7:25:10 AM PDT by IMR 4350
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To: IMR 4350

A lot of that happened with Natural Gas wells. When the gas prices was high and places like Haynesville was getting started, some leases went for as high as $25k and acre with 30% royalties. After the price drop, especially if it took a year or more to get to drilling, they won’t break even.


15 posted on 05/16/2013 7:30:35 AM PDT by thackney (life is fragile, handle with prayer)
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To: thackney

Do you know if the rig count includes private owned rigs or just the rigs available for hire?

Small time operators will use their own rigs and I’m not sure they are counted in the active rig count.

The number of wells being drilled may actually be quite a bit higher than the active rig count.


16 posted on 05/16/2013 8:18:11 AM PDT by IMR 4350
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To: IMR 4350

It should every drilling activity requiring a permit by the individual state.


17 posted on 05/16/2013 10:18:26 AM PDT by thackney (life is fragile, handle with prayer)
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To: thackney

Just because you have a permit doesn’t mean you are actually drilling, so the permit number and active rig count number wont necessarily match. You can have a permit and waiting on a rig or the rig could be gone and your doing a completion.

I don’t think the active rig count counts private rigs, only rigs for hire.

I believe they count total number of rigs minus active rigs to equal available rigs. Private rigs are never available so I don’t think they are counted.

In the 80’s a man outside of Laredo was still using a cable rig to drill on his property, and I doubt seriously that rig had been counted as an “active rig” for over 50 years.

The activity people are reporting seems to me at least to be quite a bit higher than the active rig count would reflect.


18 posted on 05/16/2013 11:12:26 AM PDT by IMR 4350
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To: IMR 4350

I did not mean it was just from permit data. The Baker Hughes count is considered the most accurate in the industry and has been sited by technical and news organizations for decades. More info at:
http://phx.corporate-ir.net/phoenix.zhtml?c=79687&p=irol-rigcountsfaqs

How is the rotary rig count performed?

Baker Hughes field representatives maintain frequent contact with all operating rigs in their district, whether or not they are using Baker Hughes drill bits.

- - - - - - -

What makes the Baker Hughes Rig Count unique?

Other companies define activity differently than Baker Hughes, and their counts may include rigs that are available or contracted but not actively drilling. These counts provide a census of rigs available for work rather than those actually working.
- - - -

What rig data is contained in the North American Rotary Rig Counts files?
North America Rotary Rig Count (Jan 2000 – Current) – a detailed Excel file with 7 tabs, as described below. Published each Friday at noon central U.S. time.

Current Weekly Summary
US Land & Offshore Split by State
US Oil & Gas Split
US Count by Trajectory
Gulf of Mexico Split
Canada Land & Offshore Split by Province
Canada Oil & Gas Split

North America Rotary Rig Count Pivot Table (Feb 2011 – Current) – a detailed Excel file in a pivot table format which includes the data described by week. Published each Friday at noon central U.S. time.

Country, State, County, Basin, Drill For Type, Location, Trajectory, Well Type, Well Depth, Water Depth

Rig Count Summary – an Excel file with a summary of the week’s North America rig count compared to the prior week and prior year. Published each Friday at noon central U.S. time.

Rigs by State - an Excel file with current and historical rig counts by State dating back to 2000. Published each Friday at noon central U.S. time.

Rigs by State - a PDF file with current month rig counts by State. Published each Friday at noon central U.S. time.
North America Rotary Rig counts through 2012 – an Excel file updated at the end of each year.

U.S. Annual Average by State 1987 - 2012 – an Excel file updated at the end of each year.

U.S. Monthly Averages by State 1987- 2012 – an Excel file updated at the end of each year.

Historical Workover Rig Data - June 2007 back through 1999 – an Excel file. BHI no longer publishes this data.

North America Rotary Rig Counts 1968 – 1999 – individual PDF files by year. These are static files. No Excel versions are available.


19 posted on 05/16/2013 12:04:45 PM PDT by thackney (life is fragile, handle with prayer)
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To: thackney
Eyesore:

Actual energy production:

20 posted on 05/16/2013 12:07:56 PM PDT by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)
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To: thackney

We had a funeral for my aunt up in the Madisonville area last weekend and it took everything just to find a hotel. My cousin said it was all the oil business in the area. The place is booming.


21 posted on 05/16/2013 12:10:39 PM PDT by NELSON111
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To: NELSON111
They are getting creative trying to meet the housing shortage.



Modern apartment design in the oil patch
http://fuelfix.com/blog/2013/03/03/modern-apartment-design-in-the-oil-patch/

22 posted on 05/16/2013 1:10:52 PM PDT by thackney (life is fragile, handle with prayer)
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