Of the 199 rigs, 55% are currently drilling for oil, 33% are drilling for natural gas and 5% are drilling for helium, hydrogen, geothermal, lithium or potash. 7% of the active rigs are currently moving locations. By province, 77% of the rigs are in Alberta, 12% are in Saskatchewan, 9% in BC and 2% are in Manitoba.
In term of market share, Precision Drilling holds the majority with 34%, Ensign Drilling is next with 22%, followed by Savanna Drilling with 9%, Stampede Drilling with 7%, Horizon Drilling with 6%, and Bonanza Drilling with 5%.
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PEPSPECTIVE: Is Ottawa Turning Alberta’s Pipeline Into a Taxpayer Trap? – Lennie Kaplan