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Canada Weekly Rig Count Down 20 to 315

March 10, 20173:48 PM BOE Report Staff

Western Canada’s fleet of drilling rigs are still busy with 315 actively drilling according to data collected by Baker Hughes for the week of March 10th.

Drilling activity is starting to slow down, but still very active in comparison to last year’s count (only 98 active rigs).

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 slight decrease in activity from 227 to 218 active rigs, Saskatchewan also dropped – current count at 59, down from 65.

Oil drilling dropped to 180 rigs from 197; gas rigs decrease to 135 from 138.

View a full breakdown of western Canada’s rig activity.

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