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Canada’s drilling rig count increased 1 to 216 active drilling rigs according to data collected by Baker Hughes for the week ending October 14, 2022.
From one week ago, Alberta rig counts increased 1 to 149 and the Saskatchewan rig counts decreased 1 to 47.
Oil drilling increased 2 to 150 and gas decreased 1 at 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