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Live Oak County, TX - Oil & Gas Discussion

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Live Oak County, TX - Oil & Gas Discussion

Oil & gas discussion group for those interested in Live Oak County, TX. Share your experience regarding lease bonus, royalty rates, drilling activity, and oil & gas news.

Website: http://www.eaglefordshale.com/counties/eagle-ford-shale-live-oak-county-tx
Members: 69
Latest Activity: Apr 16

Discussion Forum

Live Oak County TX Oil & Gas Permits

Started by Dave Thompson. Last reply by Clint Liles Dec 19, 2016. 248 Replies

Post, discuss and share information related to Live Oak County Oil & Gas permits in the replies below.Thank you to Clint Liles for championing the effort to keep us all up to date.Continue

New lease rates?

Started by Jan York Oct 1, 2015. 0 Replies

I have a very small amount of acreage in Richard Everett Survey, A-7 that a company is wanting to lease.  What is the going rate now per acre and royalty interest?Also, I've heard horror stories of…Continue

EagleFordShale.com News

Eagle Ford Rig Count Breaks 90

Eagle Ford Shale Rig Count

The Eagle Ford Shale rig count is continuing its climb, with our data showing 93 rigs running across our coverage area by midday Friday. 

In recent Eagle Ford News, Texas Railroad Commissioner Ryan Sitton says his agency is working as if 'every day is Earth Day!'

Read more: In Texas, Every Day is Earth Day

A total of 857 oil and gas rigs were running across the United States this week, an increase of 10 over than last week. 167 rigs targeted natural gas (five more than the previous week) and 688 were targeting oil in the U.S. (5 more than the previous week). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.) 462 of the rigs active in the U.S. were running in Texas.

Baker Hughes reports its own Eagle Ford Rig Count that covers the 14 core counties. 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 below.

Eagle Ford Oil & Gas Rigs

Nine rigs in the Eagle Ford region targeted natural gas this week with the commodity trading at $3.10/mmbtu.

84 Eagle Ford rigs were targeting oil with WTI oil prices slipping to $49.62

A total of 89 rigs are drilling horizontal wells, one are drilling directional wells and three are vertical.

Karnes County leads this week with 19 rigs in production. See the full list below in the Eagle Ford Shale Drilling by County below.

Eagle Ford Shale Drilling by County

Eagle Ford Rig Count by County-April 21, 2017

Eagle Ford Rig Count by County-April 21, 2017

 

Eagle Ford Shale News

Sitton: Every Day is Earth Day

Venado Building Strong Eagle Ford Business

More Texas Pipelines Needed

New Drilling Permits Spike in Texas

 

History of Eagle Ford Rig Count

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.

The Eagle Ford Shale drilling rig count has had its ups and downs, marking the rise of the region's shale development and the decline brought on by low crude prices. The following infographic shows the rig count trends since 2011.

Sitton: Every Day is Earth Day

Earth Day

Tomorrow is Earth Day, and while some might think that Texas oil and industry would be at odds with the celebration, the Texas Railroad Commission (RRC) works as if 'every day is Earth Day!'

Related: RRC Blasts EPA for Unnecessary Regulations

Texas Railroad Commissioner, Ryan Sitton, released a message yesterday to affirm that the agency is working hard to protect the public and the environment.

As a father, husband, private property owner and elected official, I know the health of our environment tomorrow is only as strong as our actions today. It’s important to me that at Texas’ energy regulatory agency, the Railroad Commission of Texas (RRC), we work as if every day is Earth Day.
— Ryan Sitton, Texas Railroad Commissioner

Regardless of the public perception, Sitton went on to say that most Republicans care deeply about our air, water and environmental quality. This is, in fact, at the core of their mission as the state's oil and gas regulatory agency. Sitton believes that energy regulation doesn't have to be in conflict with environmental protection.

RRC Protects the Environment

Following are some examples where Sitton says the RRC is protecting our environment:

  • A strict permitting process is in place that requires operators to provide detailed plans that include how they will prevent pollution
  • RRC inspectors work daily to inspect wells and pipelines to ensure they are in compliance with rules set by the RRC
  • The RRC enforces the rules and applies fines and other punishments when an operator is not in compliance. 
  • The RRC also assists communities across Texas with land restoration

Earlier this year, the RRC issued a statement criticizing a recent court decision concerning oil and gas waste disposal. The statement defending the record of the RRC and said that the ruling added unnecessary and burdensome regulations to the industry.

To learn more about the Texas Railroad Commission, visit their website here.

History of Eagle Ford Rig Count: Infographic

The Eagle Ford Shale drilling rig count has had its ups and downs, marking the rise of the region's shale development and the decline brought on by low crude prices. The following infographic shows the rig count trends since 2011.

Download the pdf here

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.

Comment Wall

Comment

You need to be a member of Live Oak County, TX - Oil & Gas Discussion to add comments!

Comment by Jan York on October 1, 2015 at 8:26am

I have been offered $300/acre with a 20% royalty, which seems low.  This offer was made first part of September 2015.

Comment by Timothy Terry on September 10, 2014 at 3:46pm

Hello...I am looking to lease and/or buy 5-10 acres of land, preferably off a major highway or county road for the purpose of possibly obtaining a permit for a saltwater disposal well.  Three (3) phase nearby would be a huge plus.  Please text/call Tim Terry at 512-791-2499

Comment by Beverly Anderson on August 17, 2014 at 9:12am

We have received a new lease offer for 282 acres in the John Turner Survey A-38, A19 area under the reservoir.  This is our second lease and I am wondering what negotiation rates are currently.  It's been awhile since our last and I am wondering if we can counter?  Feel free to respond or email me directly at bevanderson88@gmail.com.  Any advice or assistance is appreciated.

Comment by Timothy Terry on February 20, 2014 at 8:07pm
Hello, my name is Tim Terry and I'm looking for 5-10 acres to possibly have an swd built on the property. Preferably to buy the land, but may be open to a conversation about leasing. Please call/text me at 512-791-2499. Looking around three rivers/whitsett area. Thanks.
Comment by Richard DeLeon on December 10, 2013 at 2:07pm

We've been approached to lease our 480 acres for oil & gas.  I'd like to know what others were able to negotiate.  Feel free to respond here, or email me directly if you prefer not to provide details in the open.  Thank you.  rdeleon@utsystem.edu

Comment by Tommy Dunlavy on October 14, 2013 at 4:03pm
I was wonder if anybody has heard of any activity around Calihan State Park. Also if anybody has heard of any seismographic in the water of Choke Canyon
Comment by Kammi Kothmann on October 26, 2012 at 9:37pm

That Seitel sure gets around.

Comment by Kammi Kothmann on October 26, 2012 at 9:35pm

 we leased to TexStar actually very happy with them, did a hell of a job and didn't go through Hindes San Miguel after all.Kool!

Comment by Reid Dickard on July 6, 2012 at 10:05pm

Thanks so much for the information.  We are beginning negotiations with the

company and the $35 per linear foot gives us a starting place.

Comment by Andy Lark on July 6, 2012 at 9:25pm

$35/linear foot sounds about right -- we'd accepted $30 for a 12" line about a year ago, not including the company's re-seeding, etc. obligations.  

 

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