In Western Canada the active gas-directed rig count rose by three to 68 rigs, while the active oil-directed rig count rose for the fifth straight week, gaining two to 152 rigs, for the week ended October 30, according to Baker Hughes data. The gas rig count is seven higher than at this time last year, and one above the prior five-year average for this time of year (see left chart below). The oil rig count is 15 higher than at this time last year, and four above the prior five-year high for this time of year (see right chart below).
Alberta added two gas rigs while Saskatchewan added one gas rig (see table below).
Alberta and Saskatchewan each added one oil rig (see table below).
