February 20, 2025 16:48 GMT
AMERICAS OIL: Argentina Shale Rig Count Seen Rising by a Third
AMERICAS OIL
Ramp-ups by oil and gas drillers in Argentina should drive an increase in the number of rigs in its shale patch to 42 by the end of 2025, according to Tenaris CEO Paolo Rocca, cited by Bloomberg.
- This compares to 31-32 by the end of 2024.
- Tenaris is supplying tubes for a new major pipeline for shale oil exports, Bloomberg said.
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