KSAT: Eagle Ford shale sees 85% drop in oil rigs compared to last year

June 24 — The shale play had a total of 11 rigs at the end of last week, down from 13 the week prior, according to the latest data from oilfield services firm Baker Hughes Inc. South Texas, which encompasses the Eagle Ford as well as other oil and gas formations like the Austin Chalk and the San Antonio area, had 17 rigs total after holding at 19 for two weeks, according to the Business Journal’s analysis of the data. To arrive at that number, the Business Journal tallied rig counts from Railroad Commission of Texas districts 1-4.

— KSAT