New wells proliferate across the Eagle Ford Shale

[TexasTowelie]

All of that oil field activity in South Texas is adding up to lots of new wells.

In the last four quarters, operators have drilled 4,092 new wells in the Eagle Ford Shale, according to a new quarterly count of U.S. wells from Baker Hughes.

In the second quarter of this year, there were 1,050 new Eagle Ford wells – which means each rig working in the region drilled 4.56 wells.

The quarterly well count is a new measure from the Houston-based Baker Hughes, which also releases a rig count on Fridays.

More at http://fuelfix.com/blog/2013/07/26/four-quarters-4092-new-wells-in-the-eagle-ford-shale/?cmpid=hpts .

[white cloud]

1. Amazing records

But look at the state budget deficit, Highway and state park funds diversion