Canada averaged 247 active drilling rigs this week according to data from the Canadian Association of Energy Contractors.
Of those rigs, 30% are drilling for natural gas, 52% are drilling for oil, 6% for other (helium, hydrogen, geothermal, lithium, or potash), and 12% are moving. Drilling activity by province is 78% in Alberta, 12% in Saskatchewan, 8% in BC, and 2% in Manitoba.
Precision Drilling holds the majority of the Canadian market share with 30%, Ensign Drilling with 22%, Savanna Drilling with 11%, Horizon Drilling with 7%, and Stampede Drilling with 6%.
View a full breakdown of Western Canada’s rig activity.
You can read more of the news on source
