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. The gas rig count is 3 higher than at this time last year, and 2 below the five-year average for this time of year (see left chart below), while the oil rig count is 8 higher than at this time last year, and 6 above the prior five-year average for this time of year (see right chart below).
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- 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: 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.
- Analyst Insight
Canadian Rig Counts: Two Gas Rigs Added, Oil Rig Count Unchanged
In Western Canada the gas-directed rig count rose by two to 64 rigs, while the oil-directed rig count was unchanged at 139 rigs, for the week ended September 11, according to Baker Hughes data.
