Oilfield Services

Active Rate Keeps Declining; At 31% To End The Week

Drilling rig activity in Western Canada and the Top 10 active operators as of Feb. 26, 2021, as reported this morning by Rig Locator.

February 26, 2021, 11:44 AM MST


Baker Hughes Rig Count: U.S. Up 5

The U.S. rig count is up five from last week to 402 with oil rigs up four to 309, gas rigs up one to 92, and miscellaneous rigs unchanged at one rig, according to Baker Hughes. 

February 26, 2021, 11:29 AM MST


Enerflex Ready To Serve Energy Transition; Incoming LNG A Boon For Energy Sector: CEO

Enerflex Ltd.’s foray into the energy transition includes decarbonization efforts for the oil and gas sector, as well as strategically focusing on new markets that could benefit from the company’s modular approach to gas processing — including renewable natural gas, hydrogen, carbon capture and storage (CCUS) and biogas processing.

February 26, 2021, 8:48 AM MST


Rig Activity Began To Slow Down At The End Of February

After remaining stable during most of January and early February, rig activity has started to slow down as the second month of 2021 comes to an end.

February 26, 2021, 8 AM MST


Most Of Secure’s Budget Will Be Directed Toward Sustaining Capital

Secure Energy Services Inc. outlined a 2021 capital program of $15 million, which includes $12 million of sustaining capital.

February 26, 2021, 7:45 AM MST


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