India has more active rigs than Saudi Arabia: Why so?
India has a larger number of active rigs than countries such as Saudi Arabia, Iraq and Kuwait. 8This is a surprising bit of statistics 8Countries which have a larger rig fleet than India are only the US, China, Canada, Venezuela, Iran and Russia 8Our in-house database of upcoming projects show that the rig numbers are going to go up, new areas are opened up for exploration and production. 8How is it that a large number of countries with lower rig counts produce more oil and gas than India does? 8Clearly this depends on a host of factors but one simple deduction is that our rig productivity rate are abysmally low Click on Reports for more