Eagle Ford Facts That Might Surprise You

Eagle Ford Shale Map
Eagle Ford Shale Map

A recent article published at Motley Fool shared "5 Mind Blowing Facts About the Eagle Ford" and we thought they were worth sharing here.

If you aren't intimately familiar with the Eagle Ford, you might be surprised to hear it could be the largest onshore discovery EVER in the U.S. and more capital is invested in the play than any other oil & gas development in the world.

The takeaways include the following:

  • If the Eagle Ford lives up to its potential and reserves are greater than 10 billion barrels, it will be the largest U.S. onshore discovery ever
  • It's the fastest growing shale play in the world and has grown to almost 700,000 b/d of oil production in five years since its discovery
  • Light, sweet crude oil production near the Gulf Coast petrochemical complex make it more valuable than other grades that must be transported longer distances
  • Wells are getting cheaper as companies gain experience and shift to pad drilling
  • More is invested in the Eagle Ford than any other play in the world - Eagle Ford Capital Spending Makes the Play To the Largest in the World

Read more at fool.com

Port of Corpus Christi's Eagle Ford Oil Exports Exceed Oil Imports

The Port of Corpus Christi has reached a milestone that won't likely be reversed any time soon. Oil exports from the port are exceeding imports. During the month of August, the port saw oil exports rise to almost 3.9 million barrels (~124,000 b/d) compared to inbound cargo of just 2.8 million barrels (~90,000 b/d). One year prior in August of 2012, the port was exporting just 2.8 million barrels (~90,000 b/d) and importing over 3 million barrels (~100,000 b/d).

“There’s new wells being drilled everyday. Mainly, right now, they’re oil,” John LaRue, Port Director, said. “The gas part has not, it initially took off but because the price of natural gas is so low, they’re not drilling as many of those.”

Plains & Enterprise Announce Eagle Ford JV Pipeline Expansion

Plains All American Eagle Ford Assets
Plains All American Eagle Ford Assets

Plains All American and Enterprise Products are planning a $120 million expansion of the Eagle Ford JV Pipeline system. The expansion will increase the pipeline's capacity to 470,000 b/d of light and medium crude grades, as well as increase storage capacity in Corpus Christi, Gardendale, and Tilden by 2.3 million barrels.

The JV pipeline system is largely in service and will be completed by September 30, 2013. The companies will add capacity by looping pipelines and adding pumping capacity. The expansion will be complete by the second quarter of 2015. The JV pipeline was initially planned with potential for 350,000 b/d of capacity.

The expansion will be completed in time to support production moving through Plains' Cactus Pipeline. The Cactus Pipeline will have the capacity to move 200,000 b/d from West Texas into the Eagle Ford region.

Read the full press release at paalp.com or enterpriseproducts.com

Eagle Ford Regional Rig Count 271 - Halliburton Grand Opening - Sept 20, 2013

Halliburton Administrative Office - San Antonio
Halliburton Administrative Office - San Antonio

The Eagle Ford Shale rig countdecreased by one rig from 272 to 271 running this past week. Many in South Texas spent time in San Antonio or in Corpus Christi this week at the two major conferences. Let us know if you had a good time or heard anything interesting in the comments below.

Halliburton officially opened the company's 150-acre San Antonio operations center. The new office includes over 400,000 square feet of buildings and has the capacity to employ 1,500 people. Read more in the article Halliburton Opens San Antonio Operations Center

The U.S. rig count fell seven rigs from 1,768 to 1,761 running this past week. A total of 386 rigs are targeting natural gas (15 less than last week) and 1,369 are targeting oil in the U.S. The remainder are drilling service wells (e.g. disposal wells, injection wells, etc.). 836 rigs are running in Texas.

Baker Hughes rig count is quoted here. Baker Hughes also releases its own Eagle Ford Rig Count that covers the 14 core counties (~232 rigs). The rig count published on EagleFordShale.com includes a 30 county area impacted by Eagle Ford development. A full list of the counties included can be found in the table near the bottom of this article.

Eagle Ford Oil & Gas Rigs

[ic-l]The natural gas rig count fell from 43 to 39 rigs running over the past week. Natural gas prices held virtually flat during the week and futures were trading around $3.70/mmbtu on Friday afternoon.

The oil rig count increased by three rigs from 228 to 231 running. WTI oil prices were trading just below $105/bbl. Oil prices have been above $100 for 11 weeks, but are off the highs above $110/bbl. Eagle Ford light crude traded at $101.25/bbl on Sept 20th.

A total of 229 rigs are drilling horizontal wells, 29 rigs are drilling directional wells, and 13 rigs are drilling true vertical wells. McMullen and Karnes counties lead development with 36 and 33 rigs running, respectively. See the full list of drilling by county below.

South Texas Oil & Gas News:

Also read Devorah Fox's contribution Truck Driving in the Eagle Ford

Be sure to visit our South Texas Oilfield Job Listings to search openings and come back weekly for updates or sign up for alerts - Daily or Weekly Email Alerts

Eagle Ford Shale Drilling by County

agle Ford Operated Rig Count By Company

SmithBits no longer reports its operated rig count, but we'll have updated number for you from a new source soon. Until then, you can reference our numbers from mid-April. There has not been a significant change in the overall rig count since this date:

What is the Rig Count?

The Eagle Ford Shale Rig Count is an index of the total number of oil & gas drilling rigs running across a 30 county area in South Texas. The South Texas rigs referred to in this article are for ALL drilling reported by Baker Hughes and not solely wells targeting the Eagle Ford formation. All land rigs and onshore rig data shown here are based upon industry estimates provided by the Baker Hughes Rig Count and/or Smith Service Co's (Schlumberger) Smith Rig Count.

Truck Driving in the Eagle Ford Shale Play

Mission Well Services Frac Spread
Mission Well Services Frac Spread

Even those who are not in the trucking industry have an inkling of an idea about the driver shortage. Ads for jobs for holders of commercial driver’s licenses pepper the newspaper classifieds. Recruitment ads fill television and computer screens not to mention the Job Board on this site, suggesting to even the casual viewer that drivers are in demand.

The industry needs about 100,000 new drivers every year. Why that many? Experienced drivers reaching retirement age are parking their trucks. Safety initiatives, in particular the Compliance, Safety, Accountability (CSA) program, have pushed many less-than-competent drivers out of the industry. New hours of service regulations have cut productive driving time so it takes more drivers to deliver the same amount of freight.

If you’ve been eyeing truck driving as a career, you might be wondering if this is the time to make your move but what type of trucking? The boom in oilfield service means a variety of drivers are needed for that industry segment.

Trucking in the Oilfield

Jobs for drivers in the Eagle Ford Shale play include the transportation of hazardous and non-hazardous materials like sand, cement, crude oil or water. You may be moving rigs and equipment. So you’ll be operating all types of equipment such as flat beds, tankers, dry van, end dump, belly dump, pole trucks and oversize equipment.

Is the Work Hard?

[ic-r]Trucking has never been an easy job. There’s so much more to CMV operation than simply getting the vehicle from Point A to Point B. Drivers have to deliver cargo undamaged and on time while guarding the safety of those which whom they’re sharing the road as well as their own safety. It all has to be done within the limits set by complex regulations that seem to change daily, if not hourly.

Trucking in the oilfield presents additional challenges. Working in the oil and gas industry as a commercial driver is very demanding, requiring you to work long hours which many times include duties other than driving. Your cargo may consist of extremely expensive equipment or supplies. Time may be even more of an essence than in other trucking jobs if production has come to halt waiting for your payload. The temptation to exceed the legal limits placed on your working hours will be great although you’ll quickly realize it’s not worth risking your health and safety not to mention your license.

The roads that you travel take a beating and will test your vehicle-handling skills to the max. Most of the work is local, usually within a 60-mile radius of the fleet facility. Drivers usually work an 11-hour day, much of it spent waiting to be offloaded at a rig site. Some sites won’t allow trucks to move at night.

What About Pay?

Most oilfield CMV drivers are paid weekly. Jobs sometimes include important benefits like medical insurance as well as dental and vision coverage. You may be offered participation in a 401(k) retirement program with the company matching your contribution. Paid vacation days may be part of the package. Depending on location salaries are around $45,000 a year and can reach $70,000 a year.

What Do I Need to Know?

For starters you will need a CDL and you’ll likely need one or more Endorsements. We highly recommend getting the Hazardous Material, Tanker and Doubles & Triples Endorsements to increase your skills and job readiness.

Beyond the knowledge and skills you need to get the required license and endorsements, you’ll need to be creative and inventive as well as self-reliant. Your equipment might break down in a location where assistance might not arrive for some time. You need to know your equipment thoroughly, be able to troubleshoot problems and be prepared to make basic repairs. You’ll realize that it’s very important to conduct thorough vehicle inspections at the beginning of your shift as well as a post trip in order to prevent breakdowns that rob you of productivity.

There are easier jobs than trucking in the Eagle Ford Shale Play but not all are as rewarding. The field is wide open to drivers with the necessary skills and a professional attitude. Check it out. You may be just right for trucking in the oilfield and it might be just right for you.