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Canada’s Weekly Rig Count up 6 to 140

July 2, 20213:14 PM CAOEC

Alberta oil well in canola field

Alberta oil well in canola field

Canada averaged 140 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 68% in Alberta, 21% in Saskatchewan, 10% in BC, and 1% elsewhere.

Precision Drilling holds the majority of the Canadian market share with 33%, Ensign Drilling with 14%, Savanna Drilling with 11%, Nabors Drilling with 9%, Horizon Drilling with 6%, and Bonanza Drilling with 5%.

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