Alberta oil well in canola field
Canada averaged 160 active drilling rigs this week according to data from the Canadian Association of Energy Contractors.
Of those rigs, 26% are drilling for natural gas, 62% are drilling for oil, 3% for other (helium, hydrogen, geothermal, or potash), and 9% are moving. Drilling activity by province is 71% in Alberta, 15% in Saskatchewan, 11% in BC, and 3% elsewhere.
Precision Drilling holds the majority of the Canadian market share with 34%, Ensign Drilling with 26%, Savanna Drilling with 10%, Horizon Drilling with 8%, and Bonanza Drilling with 5%.