The Eagle Ford Shale has remained one of the most prolific oil and gas-producing regions in the United States, with several major operators continuing to drill aggressively throughout 2024. Below, we highlight the top operators by the number of wells drilled in the Eagle Ford during the year, along with the year-over-year spread compared to 2023. This list provides valuable insights into which companies are driving production growth in this key basin.
1. ConocoPhillips Company
ConocoPhillips led the pack in the Eagle Ford in 2024, drilling an impressive 254 wells. However, this represents a decrease of 38 wells compared to 2023.
2. EOG Resources, Inc.
EOG Resources drilled 186 wells in the Eagle Ford in 2024, securing its position as one of the leading operators in the basin. The company drilled 70 fewer wells compared to 2023, showing a notable drop in activity.
3. Crescent Energy Inc
Crescent Energy drilled 106 wells in the Eagle Ford during the year, an increase of 20 wells compared to 2023. The company has been growing its footprint in the region, focusing on maximizing efficiency and production output.
4. BPX Energy
BPX Energy, a subsidiary of BP, drilled 79 wells in the Eagle Ford in 2024. This represents an increase of 15 wells compared to 2023. The company’s activity in the region demonstrates its continued interest in shale development in the United States.
5. SM Energy Company
SM Energy drilled 50 wells in the Eagle Ford in 2024, showing a slight increase of 3 wells compared to 2023. The company has a diversified portfolio of assets, but the Eagle Ford remains a key focus for its operations.
6. Baytex USA Development
Baytex USA Development has made significant strides in the Eagle Ford, contributing to the region’s overall production with a strong drilling program in 2024. The specific spread compared to 2023 is not available but the company remains a key player.
7. Magnolia Oil & Gas Operating LLC
Magnolia Oil & Gas Operating LLC continues to be an active player in the Eagle Ford. The company’s operational efficiency and consistent well drilling have solidified its position among the top operators in the basin. The specific spread compared to 2023 is not available.
8. Warwick Energy Group
Warwick Energy Group has steadily increased its presence in the Eagle Ford, leveraging its operational expertise to drive growth and production in 2024. The specific spread compared to 2023 is not available.
9. Kimmeridge Energy
Kimmeridge Energy, known for its focus on sustainable and efficient operations, has been a key player in the Eagle Ford, contributing to the basin’s development with a robust drilling program. The specific spread compared to 2023 is not available.
10. Devon Energy Corporation
Devon Energy Corporation rounded out the top 10 operators in the Eagle Ford for 2024. The company’s focus on shale production and strategic investments in the region have helped it maintain a strong presence in the basin. The specific spread compared to 2023 is not available.
Summary
The Eagle Ford Shale remains a crucial component of U.S. oil and gas production, with operators like ConocoPhillips, EOG Resources, and Crescent Energy leading the charge in drilling activity. As the industry continues to evolve, these companies are well-positioned to capitalize on the opportunities presented by this resource-rich region.
Tracking the activity of top operators in key basins like the Eagle Ford can provide valuable insights for service companies, investors, and industry stakeholders looking to understand where the next wave of production growth will come from. The Eagle Ford remains a hotbed of activity, and the companies listed here are playing a major role in shaping its future.