Nine Nigerian Companies Active With ...

But interestingly, the majors had considerably wound down drilling activity onshore and on the shelf as of late 2013, even as crude oil

prices were sky high at the time. Such that the 39-42 rigs on sites in the country was lower than the potential. The operating companies'

grouse was that government was reneging on cash call payments owed to them as NNPC's JV partners. The rig sector thus couldn't take

advantage of Nigerian operations against the background of some of the highest crude oil prices in human history.