Canada’s weekly rig count at 108

Canada averaged 108 active drilling rigs this week according to data from the Canadian Association of Oilwell Drilling Contractors. Of those rigs, 56 are drilling for oil, 49 are drilling for natural gas, 1 for potash, and 2 for other. Drilling activity by province is 70 in Alberta, 18 in Saskatchewan, 19 in British Columbia, [Read more]

Source: BOE Report

Survey shows two-thirds of energy company employers cut labour costs due to COVID-19

CALGARY – A survey by energy labour market organization PetroLMI shows that more than two-thirds of the employers in Canada’s oil and gas sector imposed labour cost reduction measures in the wake of the COVID-19 pandemic lockdowns, including 37% who enacted permanent layoffs. The division of Energy Safety Canada surveyed 300 energy industry workers in [Read more]

Source: BOE Report