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Canada’s drilling rig count decreased by 12 actively drilling rigs according to data collected by Baker Hughes for the week of December 14th, 2018.
From one week ago, Alberta rig counts decreased 4 to 124 and the Saskatchewan rig counts decreased 3 to 29.
Oil drilling decreased 7 to 95 and gas decreased 5 to 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