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EIA: North America’s LNG Export Capacity Could More Than Double by 2029

North America’s liquefied natural gas export capacity could more than double by 2029 as new terminals across the United States, Canada, and Mexico move toward completion, according to the U.S. Energy Information Administration (EIA). The agency’s latest forecast, reported by Reuters, projects a jump from roughly 14 billion cubic feet per day (bcf/d) in 2024 to more than 29 bcf/d by 2029.

North America Adds 1 Rig Week on Week

Of the total U.S. rig count of 547, 529 rigs are categorized as land rigs, 15 are categorized as offshore rigs, and three are categorized as inland water rigs. The total U.S. rig count is made up of 418 oil rigs, 120 gas rigs, and nine miscellaneous rigs, according to Baker Hughes’ count, which revealed that the U.S. total comprises 480 horizontal rigs, 55 directional rigs, and 12 vertical rigs.

North America Ends Rig Addition Streak

Of the total U.S. rig count of 540, 525 rigs are categorized as land rigs, 13 are categorized as offshore rigs, and two are categorized as inland water rigs. The total U.S. rig count is made up of 410 oil rigs, 124 gas rigs, and six miscellaneous rigs, according to Baker Hughes’ count, which revealed that the U.S. total comprises 471 horizontal rigs, 54 directional rigs, and 15 vertical rigs.

North America Loses More Rigs

North America dropped five rigs week on week, according to Baker Hughes’ latest North America rotary rig count, which was released on May 30.

The U.S. dropped three rigs week on week and Canada cut two during the same timeframe, taking the total North America rig count down to 675, comprising 563 rigs from the U.S. and 112 rigs from Canada, the count outlined.

North America Goes Back to Losing Rigs

Week on week, the U.S. offshore and inland water rig counts remained unchanged, and the country’s offshore rig count dropped by 10, the count highlighted. The U.S. oil rig count dropped by eight, its gas rig count dropped by two, and its miscellaneous rig count remained unchanged, week on week, the count showed. The U.S. horizontal rig count dropped by nine week on week, its vertical rig count dropped by two, and its directional rig count increased by one, the count revealed.

North America Cuts 35 Rigs Week on Week

Week on week, the U.S. land rig count, offshore rig count, and inland water rig count remained unchanged, the count highlighted. The U.S. gas rig count decreased by one, its oil rig count increased by one, and its miscellaneous rig count remained unchanged, week on week, the count showed. Baker Hughes’ count revealed that the U.S. horizontal rig count decreased by one week on week, while the country’s directional rig count increased by one and its vertical rig count remained unchanged during the period.

North America Adds Rigs WoW

Week on week, the U.S. land rig count increased by two, the country’s offshore rig count decreased by one, and its inland water rig count remained unchanged, the count highlighted. The U.S. oil rig count dropped by two, its gas rig count increased by three, and its miscellaneous rig count remained unchanged, week on week, the count showed. Baker Hughes’ count revealed that the U.S. horizontal rig count increased by three week on week, while the country’s directional and vertical rig counts each decreased by one during the period.

North America Finally Breaks Rig Loss Run

 North America’s total rig count remained unchanged week on week, according to Baker Hughes’ latest North America rotary rig count, which was published late Friday. Although the U.S. dropped one rig week on week, Canada added one rig during the same timeframe, leaving the total North America rig count at 784, Baker Hughes’ count outlined. […]