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. The gas rig count is six higher than at this time last year, and one above the prior five-year average for this time of year (see left chart below), while the oil rig count is 18 higher than at this time last year, and 18 above the prior five-year average 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: 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: Down Five Ahead of Long Weekend
In Western Canada the gas-directed rig count dropped by one to 62 rigs, while the oil-directed rig count fell by four to 139 rigs, for the week ended September 4, according to Baker Hughes data.
