Canada averaged 109 active drilling rigs this week according to data from the Canadian Association of Oilwell Drilling Contractors. Of those rigs, 57 are drilling for oil, 48 are drilling for natural gas, 1 for potash, and 3 for other. Drilling activity by province is 71 in Alberta, 20 in British Columbia, 17 in Saskatchewan, and 1 in Manitoba. Precision Drilling holds the majority of the Canadian market share with 35 percent, Ensign Drilling with 22 percent, Savanna Drilling with 11 [Read more]
Canada’s weekly rig count up 2 to 110
Canada averaged 110 active drilling rigs this week according to data from the Canadian Association of Oilwell Drilling Contractors. Of those rigs, 58 are drilling for oil, 48 are drilling for natural gas, 1 for potash, and 3 for other. Drilling activity by province is 73 in Alberta, 17 in Saskatchewan, 19 in British Columbia, and 1 in Manitoba. Precision Drilling holds the majority of the Canadian market share with 34 per cent, Ensign Drilling with 22 per cent, Savanna Drilling with 11 per [Read more]
Canada’s weekly rig count at 108
Canada averaged 108 active drilling rigs this week according to data from the Canadian Association of Oilwell Drilling Contractors. Of those rigs, 56 are drilling for oil, 49 are drilling for natural gas, 1 for potash, and 2 for other. Drilling activity by province is 70 in Alberta, 18 in Saskatchewan, 19 in British Columbia, and 1 in Manitoba. Precision Drilling holds the majority of the Canadian market share with 32 per cent, Ensign Drilling with 24 per cent, Horizon Drilling with 10 per [Read more]
CAODC announces the release of its Q4 2020 and 2021 drilling forecast
Projected 2021 wells drilled: 3,771 – an increase of 475 from 2020 (3,296*) Projected 2021 operating days: 33,938 – an increase of 4,274 from 2020 (29,664*) Rig fleet expected to decrease by 27 (505 drilling rigs to 478 drilling rigs) Total jobs expected = 18,550, an increase of 2,349 year over year After a promising start, 2020 activity levels came to a crashing halt at the end of Q1 along with the global economy due to the COVID-19 pandemic. The industry faced historic lows in oil [Read more]
Canada’s weekly rig count up 8 to 107
Canada averaged 107 active drilling rigs this week according to data from the Canadian Association of Oilwell Drilling Contractors. Of those rigs, 56 are drilling for oil, 47 are drilling for natural gas, 1 for potash, and 3 for other. Drilling activity by province is 67 in Alberta, 20 in Saskatchewan, 19 in British Columbia, and 1 in Manitoba. Precision Drilling holds the majority of the Canadian market share with 32 per cent, Ensign Drilling with 23 per cent, Savanna Drilling with 11 per [Read more]
You’re invited to attend the 2020 CAODC Virtual State of the Industry!
On Wednesday November 18, the CAODC is excited to welcome Canada’s Federal Minister of Natural Resources, the Honourable Seamus O’Regan, as their keynote speaker at their Virtual State of the Industry. The State of the Industry is not only welcomed by CAODC members as a capstone event for the year, but it is widely covered by mainstream media as one of the most accurate barometers of industry activity with the release of the 2020 State of the Industry Report, and 2021 Drilling [Read more]
Canada’s weekly rig count at 99
Canada averaged 99 active drilling rigs this week according to data from the Canadian Association of Oilwell Drilling Contractors. Of those rigs, 46 per cent are drilling for natural gas, 51 per cent for oil, 1 per cent for potash, and 2 per cent other. Drilling activity by province is 58 in Alberta, 21 in Saskatchewan, 19 in British Columbia, and 1 in Manitoba. Precision Drilling holds the majority of the Canadian market share with 31 per cent, Ensign Drilling with 23 per cent, Savanna [Read more]
Canada’s weekly rig count up to 99
Canada’s fleet of active drilling rigs is up 10 this week to 99 according to data from the Canadian Association of Oilwell Drilling Contractors. There are 99 total active drilling rigs, 41 are drilling for natural gas, 44 for oil, and 1 for potash. Drilling activity by province is 60 in Alberta, 20 in Saskatchewan, 17 in British Columbia, and 1 in Manitoba. Precision Drilling holds the majority of the Canadian market share with 35 per cent, Ensign Drilling with 22 per cent, Savanna [Read more]
Canada’s weekly rig count up 5 to 89
Canada’s fleet of active drilling rigs is up 5 this week to 89 according to data from the Canadian Association of Oilwell Drilling Contractors. There are 89 total active drilling rigs, 39 are drilling for natural gas, 36 for oil, and 1 for potash. Drilling activity by province is 53 in Alberta, 18 in Saskatchewan, 17 in British Columbia, and 1 in Manitoba. Precision Drilling holds the majority of the Canadian market share with 37 per cent, Ensign Drilling with 22 per cent, Horizon Drilling [Read more]
Canada’s weekly rig count up 11
Canada’s fleet of active drilling rigs is up 11 this week to 84 according to data from the Canadian Association of Oilwell Drilling Contractors. There are 84 total active drilling rigs, 40 are drilling for natural gas, 39 for oil, and 1 for potash. Drilling activity by province is 51 in Alberta, 17 in Saskatchewan, 15 in British Columbia, and 1 in Manitoba. Precision Drilling holds the majority of the Canadian market share with 36 per cent, Ensign Drilling with 22 per cent, Horizon [Read more]