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Canada’s weekly rig count drops 5 to 172

March 5, 202111:40 AM CAODC

Alberta drilling rig

Alberta drilling rig

Canada averaged 172 active drilling rigs this week according to data from the Canadian Association of Oilwell Drilling Contractors.

Of those rigs, 102 are drilling for oil, 66 are drilling for natural gas, 3 for other (helium, hydrogen, geothermal, or potash), and 1 is moving. Drilling activity by province is 113 in Alberta, 35 in Saskatchewan, 7 in British Columbia, 2 in Manitoba, and 15 in other.

Precision Drilling holds the majority of the Canadian market share with 30 per cent, Ensign Drilling with 17 per cent, Savanna Drilling with 11 per cent, Horizon Drilling with 9 per cent, Nabors Drilling with 9 per cent, and Stampede Drilling with 6 per cent.

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

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