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TotalEnergies, U.S. Rig Count: Your Daily Energy News

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Released on Monday, September 19, 2022
Energy Market highlights gathered by Industrial Info and IIR Energy

PRODUCTION
U.S. Drillers Add Rigs
- The U.S. oil and gas rig count rose four to 763 in the week ending September 16, its highest since August, energy services firm Baker Hughes Company (NYSE:BKR) (Houston, Texas) said. U.S. oil rigs rose eight to 599, while gas rigs fell four to 162. (Reuters)

TotalEnergies in Gas Exploration Deal with Oman - TotalEnergies SE (NYSE:TTE) (Courbevoie, France) said in a statement on Friday it had signed a natural gas exploration and production sharing agreement with the Oman energy ministry. The deal concerns an area called onshore Block 11, with a first exploration well to be drilled in 2023. TotalEnergies will hold a 22.5% interest in the block, OQ (Muscat, Oman) 10% and Shell plc (NYSE:SHEL) (London, England), holding 67.5%, will be the operator. (Reuters)

LNG
Russia's Gazprom Loads First Cargo from New LNG Plant
- Russia's energy giant Gazprom (Moscow) has loaded its first cargo from the Portovaya liquefied natural gas (LNG) plant close to the Russia-Finland border, which has a capacity of 1.5 million tonnes per annum. The $1.62 billion plant, built on the shores of the Gulf of Finland, is located in the proximity of the Portovaya compressor station of the Nord Stream 1 gas pipeline to Germany. Subscribers to Industrial Info's Global Market Intelligence (GMI) Production Plant Database can click here for the plant profile. (Reuters)

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Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).

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