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Saskatchewan has drilled more oil wells than Alberta so far in 2016

December 6, 20161:00 AM BOE Report Staff0 Comments

According to data tracked by the BOE Report’s Well Activity Map, Saskatchewan has drilled 1,428 oil wells in the first 11 months of 2016 versus 1,378 in Alberta. Oil wells include crude oil and crude bitumen.

95% of the wells drilled in Saskatchewan were completed horizontally versus 50% in Alberta.

Total well counts do favour Alberta, however, due to gas drilling which adds an additional 727 wells its count.

For 2017, the Petroleum Services Association of Canada (PSAC) forecasts 1,940 wells to be drilled in Saskatchewan versus 1,900 in Alberta.

*Numbers may vary slightly from final reports by AER and Government of Saskatchewan. However variations are typically less than 2.5%.

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