Exploration & Production

Latin American rig count increases by 5% in February

The number of rigs targeting gas in Latin America increased by one in February 2018 from a year earlier The number of rigs targeting gas in Latin America increased by one in February 2018 from a year earlier.
By Andrew Walker 6 April 2018 0 30316
Operational rigs in Latin America targeting gas in February 2018 Operational rigs in Latin America targeting gas in February 2018.

The number of rigs targeting gas in Latin America increased by one in February 2018 from a year earlier. Guyana resumed exploration for gas in February after 12 months of inactivity, while Colombia ceased exploration for gas after keeping a single rig active onshore from November to January. This keeps the total number of countries with active rigs at six, the same as in February 2017. Argentina and Trinidad & Tobago were the only two countries to increase their rig counts in February, other than...