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Canada’s drilling rig count is down 3 active drilling rigs according to data collected by Baker Hughes for the week ending February 5, 2021.
From one week ago, Alberta rig counts decreased 1 to 113 and the Saskatchewan rig counts decreased 1 to 33.
Oil drilling decreased 3 to 98 and gas stayed 76.
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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