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Canada’s weekly rig count up 31 to 97

June 4, 20213:26 PM CAOEC

Alberta drilling rig

Alberta drilling rig

Canada averaged 97 active drilling rigs this week according to data from the Canadian Association of Energy Contractors.

Of those rigs, 35% are drilling for natural gas, 45% are drilling for oil, 2% for other (helium, hydrogen, geothermal, or potash), and 18% are moving. Drilling activity by province is 62% in Alberta, 12% in BC, 23% in Saskatchewan, and 4% elsewhere.

Precision Drilling holds the majority of the Canadian market share with 35%, Ensign Drilling with 19%, Savanna Drilling with 12%, Nabors Drilling with 10%, Horizon Drilling with 6%, and Stampede Drilling with 6%.

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

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