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Canada’s weekly rig count at 87

March 26, 20214:05 PM CAOEC0 Comments

Alberta drilling rig

Alberta drilling rig

Canada averaged 87 active drilling rigs this week according to data from the Canadian Association of Oilwell Drilling Contractors.

Of those rigs, 48% are drilling for natural gas, 39% are drilling for oil, 2% for other (helium, hydrogen, geothermal, or potash), and 10% are moving. Drilling activity by province is 74% in Alberta, 22% in BC, and 3% in Saskatchewan.

Precision Drilling holds the majority of the Canadian market share with 30%, Ensign Drilling with 13%, Nabors Drilling with 12%, Horizon Drilling with 10%, Savanna Drilling with 9%, AKITA Drilling Ltd. with 5%, Stampede Drilling with 5%, and Bonanza Drilling with 5%.

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

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