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. The gas-directed rig count is nine higher than at this time last year, and equal to the prior five-year high for this time of year (see left chart below), while the oil-directed rig count is 37 higher than at this time last year, and 24 higher than the prior five-year high for this time of year (see right chart below).
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- Analyst Insight
Canadian Rig Counts: One Gas Rig Added, Seven Oil Rigs Dropped This Week
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.
- Analyst Insight
Canadian Rig Counts: Seven Oil Rigs and One Gas Rig Added
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.
- Analyst Insight
Canadian Rig Counts: Down 12 Rigs This Week (11 Oil, 1 Gas)
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.
