The chair of Argentine state-run company YPF has forecast that exploration and production will increase in Argentina in 2018 after falling this year.
“For me the adjustment process is over and looking at 2018 this situation will change, I think we have seen the floor of rigs,” Miguel Gutierrez was quoted as saying by Reuters.
There were eight gas-focused rigs in Argentina in July, according to Baker Hughes.
Talk to us
Natural Gas Daily welcomes your comments. Email us at email@example.com.