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Canada’s weekly rig count down 1 to 205

July 22, 20229:12 PM CAOEC

Canada averaged 205 active drilling rigs this week according to data from the Canadian Association of Energy Contractors.

Of those rigs, 28% are drilling for natural gas, 57% are drilling for oil, 4% for other (helium, hydrogen, geothermal, or potash), and 11% are moving. Drilling activity by province is 70% in Alberta, 20% in Saskatchewan, 3% in BC, and 7% elsewhere.

Precision Drilling holds the majority of the Canadian market share with 27%, Ensign Drilling with 22%, Savanna Drilling with 12%, Horizon with 6%, and Stampede Drilling with 6%.

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

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