Canadian Rig Counts: Up 22 This Week (+20 Oil, +2 Gas)
In Western Canada, the gas-directed rig count rose by 2 to 59 rigs, while the oil-directed rig count gained 20 to 136 rigs, for the week ended July 17, according to Baker Hughes data.
In Western Canada, the gas-directed rig count rose by 2 to 59 rigs, while the oil-directed rig count gained 20 to 136 rigs, for the week ended July 17, according to Baker Hughes data.
In Western Canada, the gas-directed rig count fell by one to 57 rigs, while the oil-directed rig count dropped by 11 to 116 rigs, for the week ended July 10, according to Baker Hughes data.
In Western Canada, the gas-directed rig count rose by one to 58 rigs, while the oil-directed rig count dropped by seven to 127 rigs, for the week ended July 2, according to Baker Hughes data.
In Western Canada, the gas-directed rig count rose by one to 57 rigs, while the oil-directed rig count gained seven to 134 rigs, for the week ended June 26, according to Baker Hughes data.
In Western Canada, the gas-directed rig count fell from 58 to 56 rigs, while the oil-directed rig count gained eight to 127 rigs, for the week ended June 18, according to Baker Hughes data.
In Western Canada this week, the gas-directed rig count rose by four to 58 rigs, while the oil-directed rig count gained five to 119 rigs.
In Western Canada the oil-directed rig count increased by six this week, to 113 active rigs, which is 32% higher than the prior 10-year high for this time of year, while the gas-directed rig count increased by one to 54 rigs this week, in line with the prior five-year high for this time of year.
In Western Canada the oil-directed rig count jumped by another 22 rigs (+26%) this week, to 107 active rigs, which is 51% higher than the prior ten-year high for this time of year set in 2024, while the gas-directed rig count rose by five to 53 active rigs, 10 rigs higher than at this time last y
Western Canada’s active oil-directed rig count jumped by 11 rigs for the week ending May 22, to 85 rigs, eclipsing 69 rigs that were active at this time last year, which was the prior five-year high for this time of year, according to Baker Hughes data.
Baker Hughes' Canadian rig count for the week ending Friday May 15 showed the gas-directed active rig count rise by one last week to 48 (vs. 47 this time last year). while the oil-directed active rig count dropped by one to 74 rigs, but is still two rigs above the level a year ago, which was the prior five-year high for this time of year.