Canada begins 2023 with weekly rig count at 205

Categories: Canada

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

Of those rigs, 33% are drilling for natural gas, 46% are drilling for oil, 3% for other (helium, hydrogen, geothermal, lithium, or potash), and 18% are moving. Drilling activity by province is 78% in Alberta, 12% in Saskatchewan, 9% in BC, and 1% in Manitoba.

Precision Drilling holds the majority of the Canadian market share with 30%, Ensign Drilling with 23%, Savanna Drilling with 11%, Horizon Drilling with 8%, and Stampede Drilling with 6%.

View full breakdown of Western Canada’s rig activity.

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