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Canada’s weekly rig count at 110

March 12, 202111:53 AM CAOEC

Alberta drilling rig

Alberta drilling rig

Canada averaged 110 active drilling rigs this week according to data from the Canadian Association of Oilwell Drilling Contractors.

Of those rigs, 55% are drilling for oil, 42% are drilling for natural gas, 2% for other (helium, hydrogen, geothermal, or potash). Drilling activity by province is 71% in Alberta, 17% in BC, 12% in Saskatchewan.

Precision Drilling holds the majority of the Canadian market share with 31 per cent, Ensign Drilling with 13 per cent, Savanna Drilling with 12 per cent, Horizon Drilling with 9 per cent, Nabors Drilling with 8 per cent, Stampede Drilling with 6 per cent, AKITA Drilling with 5 per cent, and Bonanza Drilling with 5 per cent.

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

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