PSAC Revises 2020 Forecast; Expects 3,100 Wells In Canada This Year

The Petroleum Services Association of Canada (PSAC) has revised the number of wells it forecasts will be drilled (rig released) across Canada in 2020 to 3,100 wells, which represents a 31-per-cent decrease from PSAC’s original forecast for this year, which was released in October 2019.

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