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: 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.
- Analyst Insight
Canadian Rig Counts: Gas Rigs Gain Four, Oil Rigs Flat
In Western Canada the active gas-directed rig count rose by four for the second straight week, to 70 rigs, while the oil-directed rig count was unchanged at 147 rigs, for the week ended October 9, according to Baker Hughes data.
