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Canada’s weekly rig count at 206

July 15, 20223:52 PM CAOEC

Canada averaged 206 active drilling rigs this week according to data from the Canadian Association of Energy Contractors.

Of those rigs, 30% are drilling for natural gas, 58% are drilling for oil, 3% for other (helium, hydrogen, geothermal, or potash), and 9% are moving. Drilling activity by province is 71% in Alberta, 20% in Saskatchewan, 3% in BC, and 6% elsewhere.

Precision Drilling holds the majority of the Canadian market share with 30%, Ensign Drilling with 24%, Savanna Drilling with 13%, and Stampede Drilling with 5%.

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

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