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Canada’s weekly rig count at 87

March 26, 2021 4:05 PM
CAOEC

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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