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).
Featured Articles
- Analyst Insight
Canadian Rig Counts: Down Five Ahead of Long Weekend
In Western Canada the gas-directed rig count dropped by one to 62 rigs, while the oil-directed rig count fell by four to 139 rigs, for the week ended September 4, according to Baker Hughes data.
- Analyst Insight
Canadian Rig Counts: Down by Nine for Week Ending September 18
In Western Canada the gas-directed rig count dropped by 2 to 62 rigs, while the oil-directed rig count fell by 7 to 132 rigs, for the week ended September 18, according to Baker Hughes data.
- 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.
