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]
Canada’s weekly rig count at 73
Canada’s fleet of active drilling rigs is down by 8 this week to 73 according to data from the Canadian Association of Oilwell Drilling Contractors. There are 73 total active drilling rigs, 37 are drilling for natural gas, 32 for oil, and 1 for potash. Drilling activity by province is 42 in Alberta, 16 in Saskatchewan, 14 in British Columbia, and 1 in Manitoba. Precision Drilling holds the majority of the Canadian market share with 36 per cent, Ensign Drilling with 19 per cent, Nabors [Read more]
Canada’s weekly rig count increases to 81
Canada’s fleet of active drilling rigs is up 9 this week to 81 according to data from the Canadian Association of Oilwell Drilling Contractors. Total active rigs is 81, 45 are drilling for natural gas, 33 for oil, and 1 for potash. Drilling activity by province is 50 in Alberta, 16 in Saskatchewan, 14 in British Columbia, and 1 in Manitoba. Precision Drilling holds the majority of the Canadian market share with 38 per cent, Ensign Drilling with 19 per cent, Nabors Drilling with 11 per [Read more]
CAODC responds to Throne Speech, looks forward to energy industry helping lead recovery of Canadian economy
In today’s Speech from the Throne, the Federal Government acknowledged the important role natural resource industries will play in Canada’s economic recovery. Governor General Julie Payette pledged to continue to support Canada’s manufacturing, energy, and forestry industries, and stressed competitiveness as a key factor in ensuring Canadian businesses can survive and provide good jobs. “It was encouraging to hear the government acknowledge how important Canadian energy truly is, not only [Read more]
Canada’s weekly rig count up 10
Canada’s fleet of active drilling rigs is up from 62 last week to 72 this week according to data from the Canadian Association of Oilwell Drilling Contractors. Total drilling count for the week of September 14 is 72, 31 of which are drilling for oil, 38 for natural gas, and 1 for potash. Drilling activity by province as of September 18 is 45 in Alberta, 14 in British Columbia, 16 in Saskatchewan, and 1 in Manitoba. Precision Drilling holds the majority of the Canadian market share with [Read more]
Canada’s weekly rig count increases from 52 to 62
Canada’s fleet of active drilling rigs is up from 52 last week to 62 this week according to data from the Canadian Association of Oilwell Drilling Contractors. Total drilling count for the week of September 7 is 62, 22 of which are drilling for oil, 35 for natural gas, and one for potash. Drilling activity by province as of September 11 is 37 in Alberta, 13 in British Columbia, and 10 in Saskatchewan. Precision Drilling holds the majority of the Canadian market share with 44 per cent, [Read more]