Canadian oil and natural gas drilling is plummeting to the slowest pace in half a century, report the industry’s field contractors.
Psac
Articles from Psac
NGI The Weekly Gas Market Report
Contractors See Further Decline in Canadian Natural Gas, Oil Drilling in 2020
Canadian natural gas and oil drilling will continue to decline next year, predict the industry’s field contractors.
November 4, 2019
Canada Drillers Predicting Modest Growth in 2018, Slightly Higher Well Count
Canadian drilling will increase modestly next year, with the 2018 well count set to increase to 7,900 from 7,550, the annual forecast by the Petroleum Services Association of Canada (PSAC) is predicting.
November 1, 2017
Canadian Drilling Getting Boost From Improved Commodity Prices, Shifting Investments
Improved commodity prices and a shift in investment emphasis are fueling a partial recovery by Canadian natural gas and oil drilling this year, according to the voice of the industry’s service, supply and manufacturing companies.
August 1, 2017
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