Exploration & Production

Drilling for gas increases in Latin America in June

Gas-focused drilling increased in Latin America last month from the record lows seen in May Gas-focused drilling increased in Latin America last month from the record lows seen in May.
By Chris Noon 27 July 2018 0 31916
map infographic showing rig count in Latin America

Gas-focused drilling ticked up from historical lows in Latin America during June. Seventeen rigs were drilling for gas in the region over the month, according to Baker Hughes data. This is an increase from 14 rigs in May, which was the lowest level since Baker Hughes started publishing regional drilling data in 1995. Argentina, Chile and Trinidad & Tobago all added one rig each. Argentina’s unconventional gas industry is continuing to expand, with particularly strong growth from the shale gas sector in H1 2018. The...