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Canada’s drilling rig count is down 16 active drilling rigs according to data collected by Baker Hughes for the week ending April 1, 2022.
From one week ago, Alberta rig counts decreased 15 to 108 and the Saskatchewan rig counts stayed at 3.
Oil drilling decreased 12 to 64 and gas decreased 4 to 60.
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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