Canada’s drilling rig count decreased by 16 actively drilling rigs according to data collected by Baker Hughes for the week ending February 15, 2019.
From one week ago, Alberta rig counts decreased 6 to 153 and the Saskatchewan rig counts decreased 4 to 53.
Oil drilling decreased 6 to 152 and gas decreased 10 to 72.
Weekly Drilling Rig Oil & Gas Split (Baker Hughes)
February 15, 2019 | |||||
---|---|---|---|---|---|
Percentage of Total Rigs | |||||
Oil | Gas | Total | Oil | Gas | |
Current | 152 | 72 | 224 | 67.9% | 32.1% |
Last Week | 158 | 82 | 240 | 65.8% | 34.2% |
Last Year | 218 | 100 | 318 | 68.6% | 31.4% |
Data provided by Baker Hughes |
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COMMENTARY: Alberta’s World-Class Regulator and Regulatory System – Brian Jean, Minister of Energy and Minerals for Alberta