[ad_1]
Canada averaged 225 active drilling rigs this week according to data from the Canadian Association of Energy Contractors.
Of those rigs, 27% are drilling for natural gas, 59% are drilling for oil, 4% for other (helium, hydrogen, geothermal, or potash), and 10% are moving. Drilling activity by province is 77% in Alberta, 14% in Saskatchewan, 4% in BC, and 5% elsewhere.
Precision Drilling holds the majority of the Canadian market share with 30%, Ensign Drilling with 23%, Savanna Drilling with 10%, Horizon Drilling with 7%, Akita Drilling with 5%, and Bonanza Drilling with 5%.
View a full breakdown of Western Canada’s rig activity.
[ad_2]
You can read more of the news on source
