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6 FAQs about [Argentina drilling rig location map manufacturer]
What is Argentina oil rig count?
Upgrade now. Argentina Oil Rig Count is at a current level of 27.00, down from 30.00 last month and down from 32.00 one year ago. This is a change of -10.00% from last month and -15.62% from one year ago. Argentina Oil Rig Count displays the number of active drilling rigs throughout Argentina.
What is the Argentinian oil and gas upstream market?
The Argentinian oil and gas upstream market are moderately fragmented. The major companies include (in no particular order) Equinor ASA, Chevron Argentina SRL, ExxonMobil Exploration Argentina SRL, YPF SA, and Tullow Oil PLC. Need More Details on Market Players and Competitors?
Which shale reserves will drive Argentina's oil and gas upstream market?
The humongous shale reserve in the country is attracting foreign investments for exploration and production, which is likely to drive Argentina's oil and gas upstream market. The majority of recoverable shale gas reserves are in the Neuquén Basin. The Golfo San Jorge and Austral-Magallanes basins could also become significant areas of production.
What is Argentina Oil & Gas Report?
The Report Covers Argentina Oil and Gas Upstream Reserves, Market Companies and Forecasts and is Segmented by Location (Onshore and Offshore). The report offers crude oil production forecasts (thousand barrels per day) and natural gas production forecasts (billion cubic feet per day).
Why is the Argentinian oil and gas industry growing?
The Argentinian oil and gas industry is expected to grow slightly during the forecast period due to the increasing gas production and rising investment in the country's gas sector. The Argentinian oil and gas upstream market are moderately fragmented.
Why is Argentina focusing on increasing natural gas production?
The country's government is focusing on increasing natural gas production, which is expected to create vast opportunities for oil and gas players in the future. Argentina held an estimated 0.4 trillion cubic meters of proven natural gas reserves at the beginning of 2021. Most of the country's proven gas reserves are held onshore.