[ad_1]
Canada averaged 233 active drilling rigs this week according to data from the Canadian Association of Energy Contractors.
Of those rigs, 27% are drilling for natural gas, 60% are drilling for oil, 5% for other (helium, hydrogen, geothermal, or potash), and 8% are moving. Drilling activity by province is 76% in Alberta, 16% in Saskatchewan, 3% in BC, and 5% elsewhere.
Precision Drilling holds the majority of the Canadian market share with 29%, Ensign Drilling with 23%, Savanna Drilling with 11%, and Horizon Drilling with 7%.
View a full breakdown of Western Canada’s rig activity.
[ad_2]
You can read more of the news on source