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Canada’s drilling rig count is down 4 active drilling rigs according to data collected by Baker Hughes for the week ending May 6, 2022.
From one week ago, Alberta rig counts decreased 4 to 78 and the Saskatchewan rig counts increased 1 to 2.
Oil drilling decreased 3 to 42 and gas decreased 1 to 49.
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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