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Canada’s weekly rig count down 6 to 154

August 27, 20213:46 PM CAOEC

Canada averaged 154 active drilling rigs this week according to data from the Canadian Association of Energy Contractors.

Of those rigs, 27% are drilling for natural gas, 57% are drilling for oil, 3% for other (helium, hydrogen, geothermal, or potash), and 13% are moving. Drilling activity by province is 71% in Alberta, 14% in Saskatchewan, 11% in BC, and 4% elsewhere.

Precision Drilling holds the majority of the Canadian market share with 34%, Ensign Drilling with 27%, Savanna Drilling with 11%, Horizon Drilling with 7%, and Bonanza Drilling with 5%.

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

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