Canada’s weekly rig count at 246

Canada averaged 246 active drilling rigs this week according to data from the Canadian Association of Energy Contractors.

Of those rigs, 29% are drilling for natural gas, 54% are drilling for oil, 7% for other (helium, hydrogen, geothermal, lithium, or potash), and 10% are moving. Drilling activity by province is 76% in Alberta, 14% in Saskatchewan, 7% in BC, 2% in Manitoba, and 1% elsewhere.

Precision Drilling holds the majority of the Canadian market share with 31%, 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.

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