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Canada’s weekly rig count up 23 to 157

June 10, 20229:48 PM CAOEC

Canada averaged 157 active drilling rigs this week according to data from the Canadian Association of Energy Contractors.

Of those rigs, 30% are drilling for natural gas, 59% are drilling for oil, 3% for other (helium, hydrogen, geothermal, or potash), and 8% are moving. Drilling activity by province is 73% in Alberta, 19% in Saskatchewan, 3% in BC, and 5% elsewhere.

Precision Drilling holds the majority of the Canadian market share with 28%, Ensign Drilling with 23%, Savanna Drilling with 12%, and Akita Drilling with 6%.

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

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