Drilling For Oil

• Oilpatch drilling activity to rise in 2022: new PSAC forecast

  Drilling activity in the Canadian oilpatch will return to pre-pandemic levels in 2022, according to a new industry forecast.

  Economy

  Nov 11, 2021
  
• Precision Drilling posts $75.9M loss in 2nd quarter despite better outlook

  Precision Drilling Corp. tripled its Canadian rig count in the second quarter, even as its net loss surged to $75.9 million because of compensation charges.

  Money

  Jul 22, 2021
  
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• Canadian oil and gas drilling activity expected to fall by 10 per cent in 2020

  The association representing oil and gas service companies is predicting a 10 per cent fall from current depressed levels of drilling in Canada next year.

  Economy

  Oct 31, 2019