View Original Article

Canada’s weekly rig count at 233

February 25, 2022 3:52 PM
CAOEC

Canada averaged 233 active drilling rigs this week according to data from the Canadian Association of Energy Contractors.

Of those rigs, 26% are drilling for natural gas, 59% are drilling for oil, 5% for other (helium, hydrogen, geothermal, or potash), and 10% are moving. Drilling activity by province is 75% in Alberta, 16% in Saskatchewan, 3% in BC, and 6% elsewhere.

Precision Drilling holds the majority of the Canadian market share with 30%, Ensign Drilling with 22%, Savanna Drilling with 10%, and Horizon Drilling with 7%.

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

 

Sign up for the BOE Report Daily Digest E-mail Return to Home