Comment on Eagle Ford rig count returns to the 60s amid slow but steady rebound

Eagle Ford rig count returns to the 60s amid slow but steady rebound

With stabilizing commodity prices, the rig count in the Eagle Ford Shale has returned to the 60s amid a slow but steady rebound in the oil and gas industry. Figures released Feb. 17 from the Baker Hughes Rig Count reveal that after multiple weeks of gains, there are now 61 active drilling sites in the oil-rich region just south of San Antonio. Crude oil prices have stayed between $50 and $55 per barrel over the past three months, enabling companies to rig back up in the Eagle Ford.

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News