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. The gas rig count is two higher than at this time last year, and two above the prior five-year low for this time of year (see left chart below), while the oil rig count is 17 higher than at this time last year, and five below the prior five-year high for this time of year set in 2022 (see right chart below).
For gas rigs, Alberta added two while British Columbia and Saskatchewan each dropped one (see table below).
For oil rigs, 11 were added in the heavy oil regions of Northeast Alberta, East Central Alberta, and Central Saskatchewan (see table below), more than recovering from the prior week which saw the combined count from those regions drop by seven.
