Western Canada added 26 rigs to its weekly count according to Baker Hughes. It’s the biggest weekly gain since January this year.
20 gas rigs were added along with 6 oil rigs. The number of rigs drilling is up 13% year over year as prices begin to improve for both crude oil and natural gas. Alberta saw the biggest gain, adding 20 drilling rigs to a total active fleet of 128.
See the full rig count with interactive chart on the BOE Report Rig Count page.