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).
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- Analyst Insight
Canadian Rig Counts: Down by Nine for Week Ending September 18
In Western Canada the gas-directed rig count dropped by 2 to 62 rigs, while the oil-directed rig count fell by 7 to 132 rigs, for the week ended September 18, according to Baker Hughes data.
- Analyst Insight
Canadian Rig Counts: Two Gas Rigs Added, Oil Rig Count Unchanged
In Western Canada the gas-directed rig count rose by two to 64 rigs, while the oil-directed rig count was unchanged at 139 rigs, for the week ended September 11, according to Baker Hughes data.
- Analyst Insight
Canadian Rig Counts - Oil Rigs Up 4, Gas Rigs Flat
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.
