In Western Canada the gas-directed rig count was unchanged at 65 active rigs, while the oil-directed rig count rose by 4 to 146 rigs, for the week ended August 14, according to Baker Hughes data. The gas rig count is 8 higher than at this time last year, and 9 below the prior five-year high for this time of year (see left chart below), while the oil rig count is 25 higher than at this time last year, and 3 above the prior five-year high for this time of year (see right chart below).
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- Analyst Insight
Canadian Rig Counts: Oil Rigs Rebound Jumping by 11, Gas Rigs Unchanged
In Western Canada the active gas-directed rig count was unchanged at 62 rigs, while the oil-directed rig count jumped by 11 to 143 rigs, for the week ended September 25, 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.
- Analyst Insight
Canadian Rig Counts: Oil Rigs Gain Two, Gas Rigs Unchanged
In Western Canada the active gas-directed rig count was unchanged at 65 rigs, while the oil-directed rig count rose for the fourth straight week, inching up by two to 150 rigs, for the week ended October 23, according to Baker Hughes data.
