In Western Canada the active gas-directed rig count rose by four to 66 rigs, while the oil-directed rig count also gained four to 147 rigs, for the week ended October 2, according to Baker Hughes data. The gas rig count is six higher than at this time last year, and near the prior five-year average for this time of year (see left chart below). The oil rig count is 19 higher than at this time last year, and three below the prior five-year high for this time of year (see right chart below).
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- Analyst Insight
Canadian Rig Counts: Gas Rigs Gain Four, Oil Rigs Flat
In Western Canada the active gas-directed rig count rose by four for the second straight week, to 70 rigs, while the oil-directed rig count was unchanged at 147 rigs, for the week ended October 9, 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: 6 Oil Rigs Dropped, 2 Gas Rigs Added
In Western Canada, the gas-directed rig count rose by 2 to 65 rigs, while the oil-directed rig count fell by 6 to 142 rigs, for the week ended August 7, according to Baker Hughes data.
