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Canada’s drilling rig count increased 16 active drilling rigs according to data collected by Baker Hughes for the week ending July 15, 2022.
From one week ago, Alberta rig counts increased 11 to 129 and the Saskatchewan rig counts increased 3 to 45.
Oil drilling increased 9 to 125 and gas increased 7 to 66.
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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