Active Drilling Rigs
| RIG ACTIVITY TYPES | October |
|---|---|
| Unadjusted | 2021 |
| Active drilling rigsActive drilling rigs | 127 |
| Inactive drilling rigsInactive drilling rigs | 205 |
Who has the most drilling rigs in Canada?
- Top Oil & Gas Operators by drilling rig count: Cenovus Energy Inc. (
- Province by drilling rig count: Alberta (136), BC (7), Sask (48)
How many drilling rigs are working in Canada today?
In 1977, the number of active drilling rigs stood at 221 units and increased to a peak of 534 units by 2005. Canadian drilling rigs’ utilization rate stood at 28 percent in 2021.
Number of active drilling rigs in Canada from 1977 to 2021.
| Characteristic | Number of active rigs |
|---|---|
| – | – |
How many oil rigs are drilling right now?
623 rigs
The oil rig count is currently 623 rigs, compared to 610 one month ago, and 461 one year ago. The gas rig count is 157, compared to 156 one month ago and 102 last November.
Are there oil rigs in Alberta?
There are 73 total active drilling rigs, 37 are drilling for natural gas, 32 for oil, and 1 for potash. Drilling activity by province is 42 in Alberta, 16 in Saskatchewan, 14 in British Columbia, and 1 in Manitoba. View a full breakdown of Western Canada’s rig activity.
How much do oil rig workers make in Alberta?
Source
| Wages* | Low (5th percentile) | Average |
|---|---|---|
| Starting | $18.00 | $22.83 |
| Overall | $20.00 | $27.33 |
| Top | $23.12 | $30.29 |
How much do rig workers make Canada?
The average rig salary in Canada is $65,813 per year or $33.75 per hour. Entry-level positions start at $54,015 per year, while most experienced workers make up to $92,786 per year.
Why are we not drilling more?
Price is no object
As to why they weren’t drilling more, oil executives blamed Wall Street. Nearly 60% cited “investor pressure to maintain capital discipline” as the primary reason oil companies weren’t drilling more despite skyrocketing prices, according to the Dallas Fed survey.
Is the oilfield picking up 2022?
U.S. Oil Production Hits New 2022 Peak, but More Runway Ahead for Growth. Domestic crude output reached a new high for the year as producers continue to gradually ramp up to meet summer demand, the U.S. Energy Information Administration (EIA) reported Wednesday.
Is oil drilling coming back?
After years of uncertainty and stagnation, the offshore drilling market is on the rebound and is in the early innings of an upcycle in investment and activity that will outpace the 2016-2019 cycle, major services and rig providers say.
Why aren t oil companies drilling?
According to Bloomberg, “U.S. oil companies generally have been reluctant to pump more, preferring to steer cash flows back to investors instead of spending it on new drilling that could flood the world with cheap crude.”
Why wont us drill for more oil?
The biggest reason oil production isn’t increasing is that American energy companies and Wall Street investors are not sure that prices will stay high long enough for them to make a profit from drilling lots of new wells.
Are we drilling more oil now?
The truth is that the number of rigs drilling for oil in the U.S. is steadily climbing.
How many wells are being drilled in Alberta?
2,947
Number of oil and gas wells drilled in Canada in 2021, by province/territory
| Characteristic | Number of wells |
|---|---|
| Alberta | 2,947 |
| Saskatchewan | 1,350 |
| British Columbia | 462 |
| Manitoba | 161 |
Where are the oil rigs in Alberta located?
These fields are located in the Athabasca-Wabasca, Cold Lake, and Peace River areas and occupy an area of approximately 140,000 sq km (54,054 sq. mi.) of the province, larger than the area of Nova Scotia and New Brunswick combined. Collectively, Alberta’s oil sands contain about an estimated 168 billion barrels of oil.
Is there still oil in Alberta?
Alberta’s oil sands has the fourth-largest oil reserves in the world, after Venezuela, Saudi Arabia and Iran. Alberta’s oil sands’ proven reserves equal about 165.4 billion barrels (bbl).
What is the lowest paying job on an oil rig?
Stewards
Stewards have the lowest paying job on the oil rig.
How long does a worker stay on an oil rig?
How long do workers stay on an oil rig? Workers on an offshore oil rig may remain on the platform for six months to one year, depending on the company they’re working for, the project type and the duration of their contract.
What is the highest paid oil rig job?
High Paying Oil and Gas Jobs
- Subsea Engineer. Salary range: $100,000-$257,000 per year.
- Completions Engineer. Salary range: $104,000-$176,000 per year.
- Senior Landman. Salary range: $88,000-$143,000 per year.
- Landman. Salary range: $67,500-$110,000 per year.
- Rig Welder.
- Land Acquisition Specialist.
- Petroleum Landman.
- Land Agent.
How much do rig welders make in Alberta?
Rig Welder in Alberta Salaries
| Job Title | Location | Salary |
|---|---|---|
| AECOM Rig Welder salaries – 1 salaries reported | Alberta | $110/hr |
| SA Energy Group Rig Welder salaries – 1 salaries reported | Alberta | $101,213/yr |
| Ledcor Welder “B “Pressure W/Rig salaries – 3 salaries reported | Alberta | $111/hr |
How much does a driller make in Alberta?
The average oil rig driller gross salary in Alberta, Canada is $83,023 or an equivalent hourly rate of $40. This is 3% higher (+$2,499) than the average oil rig driller salary in Canada. In addition, they earn an average bonus of $1,577.