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Canada’s drilling rig count is down 25 active drilling rigs according to data collected by Baker Hughes for the week ending March 12, 2021.
From one week ago, Alberta rig counts decreased 11 to 80 and the Saskatchewan rig counts decreased 12 to 16.
Oil drilling decreased 22 to 58 and gas decreased 3 to 58.
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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