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

Rig locator Jan 2018
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.

About prosperitysaskatchewan

Consultant on Saskatchewan's natural resources.

Posted on January 5, 2018, in economic impact, oil, political. Bookmark the permalink. Leave a comment.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s

%d bloggers like this: