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Canada’s drilling rig count is down 11 active drilling rigs according to data collected by Baker Hughes for the week ending March 11, 2022.
From one week ago, Alberta rig counts decreased 4 to 162 and the Saskatchewan rig counts decreased 6 to 25.
Oil drilling decreased 7 to 127 and gas decreased 3 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