Nestoil invests $28m to boost crude oil output

Daily Trust | 31-08-2026 03:49am |

Nestoil Group has deployed its Pathfinder 500 rig to complete workover operations on two producing wells in Oil Mining Lease 42 through its subsidiary, Scorpio Drilling International. The campaign, part of a combined investment of approximately $28 million, contributed to incremental oil production without any Health, Safety and Environment incidents. The rig was successfully mobilized, completed operations, and safely demobilized. This achievement marks the rig's first productive assignment since its acquisition about eight years ago.

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