About Subsurface canadian drilling rig count
The Canadian drilling rig fleet shrunk from 801 rigs in 2015 to 444 available rigs currently, and rig occupancy is still around 48% now, similar to the 54% rigs active at the beginning of 2015. So with half the fleet, we are at similar occupancy rates.
The Canadian drilling rig fleet shrunk from 801 rigs in 2015 to 444 available rigs currently, and rig occupancy is still around 48% now, similar to the 54% rigs active at the beginning of 2015. So with half the fleet, we are at similar occupancy rates.
The CAOEC (Canadian Association of Energy Contractors) Rig Count tallies all currently active rotary drilling rigs in Western Canada, drilling for either oil or natural gas. Date AB BC SK Oil Gas Other Product Active (Drilling + Moving) Total The CAOEC (Canadian Association of Energy Contractors).
More drilling rig fleet at work.Canadian crude market outlook is relatively healthy. DOB Energy is the most trusted source of exclusive news, data and analysis for Canada’s oil and gas industry.
The Drilling Rigs Activity Reports are an important business barometer for the drilling industry and its suppliers. When drilling rigs are active, they consume products and services produced by the oil service industry. The active rig count acts as a leading indicator of demand for products used in.
Alberta accounted for about 70% of the total annual average rig count vs 30% Saskatchewan. Alberta recorded an average of 187 active rigs in 2012 and the count decreased steadily to just 35 rigs in 2016. The average annual rig count has fluctuated between 30 and 80 in subsequent years to average.
Rig counts in Canada were remarkably steady for the past few months, with anywhere between 200 and 220 rigs drilling since July. This is only marginally lower than a peak activity of 231 active rigs in the winter of 2022.Rig counts in Canada were remarkably steady for the past few months, with.
For the week of July 25, Baker Hughes reported that the Western Canadian gas-directed rig count rose two to 54 (blue line and text in left hand chart below), 13 less than one year ago and the lowest for this time of year since 2021. 2025 Master Class Series - Registration Now Open! Receive the Free.
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