Western Canada’s fleet of drilling rigs are slowing down on account of seasonality in the drilling business with only 99 actively drilling according to data collected by Baker Hughes for the week of April 21.
Drilling activity is starting to slow down, but still very active in comparison to last year’s count.
Will will see a continued drop in activity due to the upcoming spring breakup. Rigs activity will stay low likely until June, when activity will start to pick up again.
From one week ago, Alberta has seen a decrease in activity from 100 to 82 active rigs, Saskatchewan interestingly added rigs – current count at 2 up from 0.
Oil drilling dropped to 33 rigs from 40; gas rigs decrease to 66 from 78.