Canada’s active rig count improved by 10 and averaged 170 active drilling rigs this week according to data from the Canadian Association of Energy Contractors.
Of those rigs, 29% are drilling for natural gas, 60% are drilling for oil, 4% for other (helium, hydrogen, geothermal, or potash), and 7% are moving. Drilling activity by province is 69% in Alberta, 16% in Saskatchewan, 11% in BC, 2% in Manitoba, and 2% elsewhere.
Precision Drilling holds the majority of the Canadian market share with 32%, Ensign Drilling with 26%, Savanna Drilling with 10%, Horizon Drilling with 8%, and Bonanza Drilling with 5%.
