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Canada’s weekly rig count up 5 to 134

June 25, 20216:30 PM CAOEC

Canada averaged 134 active drilling rigs this week according to data from the Canadian Association of Energy Contractors.

Of those rigs, 34% are drilling for natural gas, 55% are drilling for oil, 2% for other (helium, hydrogen, geothermal, or potash), and 9% are moving. Drilling activity by province is 65% in Alberta, 22% in Saskatchewan, 11% in BC, and 2% elsewhere.

Precision Drilling holds the majority of the Canadian market share with 35%, Ensign Drilling with 17%, Savanna Drilling with 9%, Nabors Drilling with 9%, Horizon Drilling with 7%, and Bonanza Drilling with 6%.

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

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