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Canada’s weekly rig count at 174

March 18, 2022 4:05 PM
CAOEC

Canada averaged 174 active drilling rigs this week according to data from the Canadian Association of Energy Contractors.

Of those rigs, 28% are drilling for natural gas, 59% are drilling for oil, 4% for other (helium, hydrogen, geothermal, or potash), and 9% are moving.

Precision Drilling holds the majority of the Canadian market share with 33%, Ensign Drilling with 23%, Savanna Drilling with 11%, Horizon Drilling with 6%, Akita Drilling with 5%, and Bonanza Drilling with 5%.

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

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