Nigeria’s rig count rises 20.8% to 29 in Q3’21

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Our land soaked in blood, gloom, South-East Bishops wail

*As OPEC puts oil output at 1.2 mb/d

By Udeme Akpan

NIGERIA’s rig count, a global index for measuring activities in the upstream sector, has increased by 20.8 per cent Year-on-Year, YoY, to 29 in the third quarter 2021(Q3’21) from 24 recorded in the corresponding period of 2020, according to the reports of the Organisation of Petroleum Exporting Countries, OPEC.

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