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Canada’s weekly rig count at 212

December 2, 2022 4:19 PM
CAOEC

Canada averaged 212 active drilling rigs this week according to data from the Canadian Association of Energy Contractors.

Of those rigs, 32% are drilling for natural gas, 55% are drilling for oil, 3% for other (helium, hydrogen, geothermal, lithium, or potash), and 10% are moving. Drilling activity by province is 78% in Alberta, 12% in Saskatchewan, 8% in BC, and 2% in Manitoba.

Precision Drilling holds the majority of the Canadian market share with 37%, Ensign Drilling with 21%, Savanna Drilling with 11%, Stampede Drilling with 6%, and Horizon Drilling with 5%.

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

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