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Canada’s weekly rig count up 1 to 226

February 11, 2022 3:43 PM
CAOEC

Canada averaged 226 active drilling rigs this week according to data from the Canadian Association of Energy Contractors.

Of those rigs, 26% are drilling for natural gas, 60% are drilling for oil, 5% for other (helium, hydrogen, geothermal, or potash), and 9% are moving. Drilling activity by province is 77% in Alberta, 14% in Saskatchewan, 3% in BC, and 6% elsewhere.

Precision Drilling holds the majority of the Canadian market share with 29%, Ensign Drilling with 23%, Savanna Drilling with 11%, Horizon Drilling with 7%, and Akita Drilling with 5%.

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

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