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Canada’s weekly rig count up 21 to 134

June 5, 20222:51 PM CAOEC

Canada averaged 134 active drilling rigs this week according to data from the Canadian Association of Energy Contractors.

Of those rigs, 33% are drilling for natural gas, 53% are drilling for oil, 3% for other (helium, hydrogen, geothermal, or potash), and 11% are moving. Drilling activity by province is 76% in Alberta, 15% in Saskatchewan, 5% in BC, and 4% elsewhere.

Precision Drilling holds the majority of the Canadian market share with 28%, Ensign Drilling with 25%, Savanna Drilling with 11%, and Akita Drilling with 6%.

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

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