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6 FAQs about [Commercial western canada drilling rig count manufacturer]
How many gas-directed rigs are there in Canada?
Login to this account to purchase any of our subscription services. For the week of July 25, Baker Hughes reported that the Western Canadian gas-directed rig count rose two to 54 (blue line and text in left hand chart below), 13 less than one year ago and the lowest for this time of year since 2021.
Who is the largest drilling rig contractor in Canada?
Precision Drilling Corporation is the largest drilling rig contractor in Canada, also providing oil field rental and supplies. Precision Drilling Ltd. was founded in 1951. In 1987, Precision Drilling was acquired by Cypress Drilling, led by president Hank Swartout, in a reverse takeover which left the company with a fleet of 19 rigs.
How many rigs are there in Alberta?
This analysis focuses on three key areas: rig count by province, activity by field centre, and the top 10 accounts by record count. A province-level comparison reveals a slight decline in overall rig activity. Alberta, the most active region, saw a small decrease in rigs from 195 to 193 (-1.03%).
Is rig activity increasing in Western Canada?
These trends indicate that while some operators are maintaining or slightly increasing activity, others are being more cautious in their drilling operations. Overall, Western Canada’s rig activity remains relatively stable, with slight shifts in specific provinces and field centres.
Which oil companies have a strong rig count?
Major players like Cenovus and CNRL have maintained stable operations, while companies like Tourmaline Oil Corp have expanded modestly. The increase in rig count in previously inactive regions, such as Edmonton, highlights potential new opportunities.
How has the Western Canadian oil and gas industry changed over the past year?
The Western Canadian oil and gas industry has witnessed fluctuations in rig activity over the past year. Comparing data from the last 30 days with the same period in 2024 provides valuable insights into trends shaping the sector.


