Saskatchewan’s winter oil drilling season kicks off with a bang
Saskatchewan’s winter drilling season kicks off with a bang
60 rigs hit the frozen ground running in the best opening week in at least three years
BRIAN ZINCHUK / PIPELINE NEWS
JANUARY 4, 2018 09:19 PM
Crescent Point Energy had nine rigs working in close proximity southwest of Torquay. Photo By Rig Locator
Estevan – Bang! Sixty rigs kicked off right at the start of the year.
With oil over US$60 WTI in the first week of the New Year, drilling in Saskatchewan took off. It takes a few days to get most rigs moving, but right off the hop, they’ve been firing up. By Jan. 4, sister publication Rig Locator (riglocator.ca) listed 60 rigs working in the Land of Living Skies. That’s the highest level since the first week of March 2017.
The highest number of active drilling rigs in Saskatchewan over the past three years was March 1, 2017, with 76 rigs for a brief period.
Complete story here.