Sunday, July 29, 2012

Remember: "Fracking" one well, one time uses upwards of 5,000,000 gallons of water

Eagle Ford Shale Well Map - July 2012
Wells on schedule or competed: Red=Gas,Blue=Oil. Green are permitted only 

Here's the latest figures on the activity ongoing in the Eagle Ford Shale play. Figures are compiled from data received by the Texas Railroad Commission, the state agency responsible for looking the other way regulating the oil and gas industry.


The Texas RRC updated its Eagle Ford Shale well map with the most recent reported data through July 3, 2012.

Since May 14 when the RRC last updated the data points on its map, the commission has issued 367 permits. That’s more than 7 permits per day over a period of 50 days.

A total of 2,400 wells had been reported producing as of July 3. That’s 314 more oil wells and 107 more gas wells than we had as of May 14. If you’re counting, that’s a pace of more than 8 wells coming online per day.

Data from the RRC is always a little delayed, so we’re likely on pace to surpass 3,000 producing wells by the end of August or early September.

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