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).
Regional gas rig counts were little changed this week (see table below). The BC gas rig count is below the prior five-year low for this time of year, while the Alberta gas rig count is near its prior five-year high for this time of year.
Alberta's oil rig count jumped by 8 this week, including a gain of 4 in East Central Alberta, while oil rig counts east of Alberta dropped by 4 (see table below).
