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Canada’s weekly rig count up 18 to 113

May 27, 20224:55 PM CAOEC

Canada averaged 113 active drilling rigs this week according to data from the Canadian Association of Energy Contractors.

Of those rigs, 33% are drilling for natural gas, 51% are drilling for oil, 2% for other (helium, hydrogen, geothermal, or potash), and 14% are moving. Drilling activity by province is 75% in Alberta, 14% in Saskatchewan, 7% in BC, and 4% elsewhere.

Precision Drilling holds the majority of the Canadian market share with 31%, Ensign Drilling with 27%, Savanna Drilling with 10%, and Akita Drilling with 6%.

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

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