Western Canada Rig Report – download report

Summary

We are tracking 31 Operators and 58 rigs that spud wells in Western Canada last 12 days. Top Operators include Cenovus Energy Inc., Crescent Point Energy Corp. and Canadian Natural Resources Limited.


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Oil & Gas Terms

Spudding is the process of beginning to drill a well in the oil and gas industry. … After the surface hole is completed, the main drill bit—which performs the task of drilling to the total depth—is inserted and this process can also be referred to as “spudding in.”

drilling rig is an integrated system that drills wells, such as oil or water wells, in the earth’s subsurface. … The term “rig” therefore generally refers to the complex equipment that is used to penetrate the surface of the Earth’s crust.

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Summary of Rigs Last 12 Days

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