rig count

Nigeria’s rig count drops by 55.34% in Q1 ‘21

Nigeria’s rig count drops by 55.34% in Q1 ‘21

By Udeme Akpan THE rig count of Nigeria has dropped by 55.34 per cent in the first quarter, January–March, 2021 to 19, according to data collated from recent reports of the Organisation of Petroleum Exporting Countries, OPEC. The rig count, a major index of measuring activities in the upstream sector, had stood at 65 in […]