Western Canada’s active rig rate ticks up slightly

7G operations in the Montney. Image: Carter Haydu

Fourteen per cent of Western Canada’s rig fleet was active on Thursday afternoon, up slightly from 13 per cent at the close of last week.

A total of 84 rigs were at work Thursday compared to 83 a week ago.

For the same week a year ago, 87 rigs were active (14 per cent of the fleet was at work).

Encana remains the top operator across the basin, with 13 active rigs. Second-place finisher Seven Generations had nine rigs at work on Thursday afternoon.

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.)