Copyright of the Daily Oil Bulletin 2018
Rig Locator Daily Activity Tracker
Drilling rig activity in Western Canada and the Top 10 active operators as of April 26, 2018, as reported this morning by Rig Locator.
These figures compare to 92 active rigs as of the afternoon of April 25, 2018, with 522 down, for an active rate of 15 per cent.
Last year during the same week, 100 rigs were active, 541 down, for an active rate of 16 per cent.
Active rigs on the Rig Locator website are defined as rigs that are drilling, rigging up or moving. (Note: This data differs from the rig counts tracked by the Canadian Association of Oilwell Drilling Contractors, which bases its utilization rates on whether rigs are drilling, which it defines as spud to rig release, or down.)