Canada’s weekly rig count at 140

Categories: Canada

Canada averaged 140 active drilling rigs this week according to data from the Canadian Association of Energy Contractors.

Of those rigs, 45% are drilling for natural gas, 41% are drilling for oil, 3% for other (helium, hydrogen, geothermal, lithium, or potash), and 11% are moving. Drilling activity by province is 81% in Alberta, 17% in BC, 1% in Saskatchewan, and 1% elsewhere.

Precision Drilling holds the majority of the Canadian market share with 35%, Ensign Drilling with 22%, Savanna Drilling with 10%, Horizon Drilling with 7%, and Akita Drilling with 5%.

View full breakdown of Western Canada’s rig activity.

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