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Canada’s Weekly Rig Count up 2 to 64

May 21, 2021 3:38 PM
CAOEC

Alberta drilling rig

Canada averaged 64 active drilling rigs this week according to data from the Canadian Association of Oilwell Drilling Contractors.

Of those rigs, 50% are drilling for natural gas, 39% are drilling for oil, 2% for other (helium, hydrogen, geothermal, or potash), and 9% are moving. Drilling activity by province is 66% in Alberta, 19% in BC, and 16% elsewhere.

Precision Drilling holds the majority of the Canadian market share with 35%, Ensign Drilling with 18%, Nabors Drilling with 12%, Savanna Drilling with 11%, Horizon Drilling with 5%, and Stampede Drilling with 5%.

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

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