Canada’s weekly rig count up 4 to 172

Alberta drilling rig

Canada averaged 172 active drilling rigs this week according to data from the Canadian Association of Energy Contractors.

Of those rigs, 34% are drilling for natural gas, 56% are drilling for oil, 1% for other (helium, hydrogen, geothermal, or potash), and 9% are moving. Drilling activity by province is 72% in Alberta, 17% in Saskatchewan, 9% in BC, and 2% in Manitoba.

Precision Drilling holds the majority of the Canadian market share with 34%, Ensign Drilling with 26%, Savanna Drilling with 12%, Horizon Drilling with 6%, and Akita Drilling with 5%.

View a full breakdown of Western Canada’s rig activity.

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