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Canada’s weekly rig count up 3 to 95

May 20, 2022 3:37 PM
CAOEC

Canada averaged 95 active drilling rigs this week according to data from the Canadian Association of Energy Contractors.

Of those rigs, 39% are drilling for natural gas, 49% are drilling for oil, 2% for other (helium, hydrogen, geothermal, or potash), and 10% are moving. Drilling activity by province is 78% in Alberta, 9% in Saskatchewan, 7% in BC, and 6% elsewhere.

Precision Drilling holds the majority of the Canadian market share with 34%, Ensign Drilling with 24%, Savanna Drilling with 12%, and Akita Drilling with 6%.

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

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