Rigs targeting oil in the U.S. jumped to a record as energy producers used the most in a year to drill for crude in Texas’s Eagle Ford shale formation. Oil rigs increased by 14 to 1,487, the highest level since Baker Hughes Inc. (BHI) split the oil and gas counts in 1987, data posted on the company’s website today show. Rigs drilling for oil in the Eagle Ford of South Texas jumped by nine to 209, matching a record set in May 2013, according to the Houston-based field services company. Hydraulic fracturing and horizontal drilling are helping producers extract record volumes from shale formations across the middle of the U.S., boosting domestic crude output to the highest in a quarter-century. The nation met 87 percent of its energy needs in 2013, the most since 1985, according to data from the Energy Information Administration. “The Eagle Ford is doing well, […]