Nigeria’s rig count rises 27.3% to 14 — OPEC
By Eyo Nsima
The Organisation of Petroleum Exporting Countries, OPEC, has disclosed that Nigeria’s rig count rose, year-on-year, YoY, by 27.3 per cent to 14 in June 2023, from 11 in June 2022.
It also maintained that on month-on-month, MoM, the country’s rig count rose by 7.7 per cent to 14 in June 2023, from 13 in May 2023.
The organisation indicated this in its July 2023 Monthly Oil Market Report obtained by The Daily, http://www.thedaily-ng.
The report did not specifically state the factors responsible for the rise, but checks by The Daily, http://www.thedaily-ng.
.Details coming later
