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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.
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.
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).
The Western Canadian oil and gas industry has witnessed fluctuations in rig activity over the past year. Comparing data from the last 30 days with the same period in 2024 provides valuable insights into trends shaping the sector. This analysis focuses on three key areas: rig count by province.
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.
Get current and accurate information about western Canada’s drilling rig fleet. Information that matters. The most up-to-date and comprehensive rig data on the market. Narrow your search by operator, contractor, DLS or NTS. Improved mapping streamlines your search. Pinpoint business opportunities.
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As US oil drilling activity hits a three-year low, Canada’s oil and gas sector — especially in Alberta and Saskatchewan — is experiencing a notable resurgence, underscoring shifting dynamics in North American energy production, much to the chagrin of US president Donald Trump. In Texas, the heart.
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6 FAQs about [Company for western canada drilling rig count]
How many rigs drilling for oil in Canada?
More recently, on 10 July 2020 there were 6 rigs drilling for oil in Canada. In June the number of rigs drilling for either oil or gas averaged 18 per day, the lowest number since at least 1964, when data for all Canadian drilling was first recorded. Global investment in oil and gas has decreased significantly because of much lower oil prices.
How many gas-directed rigs are there in Canada?
Login to this account to purchase any of our subscription services. 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.
Who is the largest drilling rig contractor in Canada?
Precision Drilling Corporation is the largest drilling rig contractor in Canada, also providing oil field rental and supplies. Precision Drilling Ltd. was founded in 1951. In 1987, Precision Drilling was acquired by Cypress Drilling, led by president Hank Swartout, in a reverse takeover which left the company with a fleet of 19 rigs.
Does Western energy provide drilling services in Canada?
Western provides contract drilling services in Canada and the U.S. Western is now the fourth largest drilling contractor in Canada, and has grown its operations to include well servicing and rental services divisions in Canada. August 15, 2025 Western Energy Services Corp. Announces Appointment of Chief Financial Officer
Which oil companies have a strong rig count?
Major players like Cenovus and CNRL have maintained stable operations, while companies like Tourmaline Oil Corp have expanded modestly. The increase in rig count in previously inactive regions, such as Edmonton, highlights potential new opportunities.
How many rigs are there in Alberta?
This analysis focuses on three key areas: rig count by province, activity by field centre, and the top 10 accounts by record count. A province-level comparison reveals a slight decline in overall rig activity. Alberta, the most active region, saw a small decrease in rigs from 195 to 193 (-1.03%).