Exploration & Production

Gas drilling drops in Latin America in January

Gas-focused drilling in Latin America ticked down for the second consecutive month in January, with a total of 19 rigs active in the region Gas-focused drilling in Latin America ticked down for the second consecutive month in January, with a total of 19 rigs active in the region.
By Chris Noon 2 March 2018 0 29815
Map infographic showing active Latin American drilling rigs.

Gas-focused drilling in Latin America ticked down for the second consecutive month in January. There were 19 rigs drilling for gas in the region during the month, according to Baker Hughes data. Bolivia gained one rig during the month, while Chile and Argentina each lost one. However, the nature of unconventional drilling is set to change in Argentina in 2018. Wood Mackenzie forecast in January that nearly 300 unconventional wells would be drilled in Argentina this year, and that approximately 200 of them would be...