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. The gas rig count is seven higher than at this time last year, and is near the prior five-year average for this time of year (see left chart below), while the oil rig count is 21 higher than at this time last year, but is now 10 rigs below the prior five-year high for this time of year (see right chart below).
Alberta dropped two gas rigs while Saskatchewan gained one gas rig (see table below).
The Alberta Foothills Front region gained four oil rigs, while seven oil rigs were dropped elsewhere in Alberta, and two were dropped in Southeast Saskatchewan (see table below).
