Canada averaged 181 active drilling rigs this week according to data from the Canadian Association of Oilwell Drilling Contractors. Of those rigs, 105 are drilling for oil, 68 are drilling for natural gas, 1 for potash, and 7 for other. Drilling activity by province is 126 in Alberta, 30 in Saskatchewan, 17 in British Columbia, 3 in Manitoba, and 5 in other. Precision Drilling holds the majority of the Canadian market share with 28 per cent, Ensign Drilling with 19 per cent, Nabors [Read more]
Canada’s rig count up to 170 at start of 2021
Canada averaged 170 active drilling rigs this week according to data from the Canadian Association of Oilwell Drilling Contractors. Of those rigs, 100 are drilling for oil, 65 are drilling for natural gas, 1 for potash, and 4 for other. Drilling activity by province is 117 in Alberta, 29 in Saskatchewan, 19 in British Columbia, 3 in Manitoba, and 2 in other. Precision Drilling holds the majority of the Canadian market share with 27 per cent, Nabors Drilling with 16 per cent, Ensign [Read more]
Canada’s rig count ends the year at 120
Canada averaged 120 active drilling rigs this week according to data from the Canadian Association of Oilwell Drilling Contractors. Of those rigs, 63 are drilling for oil, 54 are drilling for natural gas, 1 for potash, and 2 for other. Drilling activity by province is 84 in Alberta, 18 in British Columbia, 17 in Saskatchewan, and 1 in Manitoba. Precision Drilling holds the majority of the Canadian market share with 33 per cent, Ensign Drilling with 19 per cent, Nabors Drilling with 13 per [Read more]
Canada’s weekly rig count up 9 to 121
Canada averaged 121 active drilling rigs this week according to data from the Canadian Association of Oilwell Drilling Contractors. Of those rigs, 62 are drilling for oil, 53 are drilling for natural gas, 1 for potash, and 5 for other. Drilling activity by province is 83 in Alberta, 19 in British Columbia, 18 in Saskatchewan, and 1 in Manitoba. Precision Drilling holds the majority of the Canadian market share with 33 per cent, Ensign Drilling with 19 per cent, Savanna Drilling with 11 per [Read more]
Canada’s weekly rig count up 3 to 112
Canada averaged 112 active drilling rigs this week according to data from the Canadian Association of Oilwell Drilling Contractors. Of those rigs, 59 are drilling for oil, 49 are drilling for natural gas, 1 for potash, and 3 for other. Drilling activity by province is 73 in Alberta, 20 in British Columbia, 18 in Saskatchewan, 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 Drilling with 10 per [Read more]
Canada’s weekly rig count at 109
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]
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