​Canadian drillers have 150 more rigs active than a year ago

Image: Crescent Point Energy

Operators had 348 rigs at work across Western Canada on Thursday afternoon, up 150 rigs from a year ago, when an average of 198 rigs were working.

Overall, 55 per of the Canadian drilling fleet was active Thursday afternoon, compared to 28 per cent a year ago, according to Rig Locator.

Crescent Point Energy Corp. remains the busiest operator, a position it’s held for weeks.

The company had 28 rigs working Thursday afternoon—twice as many as second-place finisher Tourmaline Oil Corp., which had 14 active rigs.

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.)