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Canada’s drilling rig count increased by 1 actively drilling rigs according to data collected by Baker Hughes for the week of November 16th.
From one week ago, Alberta rig counts increased 1 to 137 and the Saskatchewan rig counts increased 2 to 39.
Oil drilling increased 1 to 118 and gas drilling stayed the same at 79.
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COMMENTARY: Taxes and Regulations Will Increase the Cost of Producing New Energy In Alberta, Making it Less Competitive Than the US – Jack Mintz