CAOEC · INDUSTRY OUTLOOK

Rig activity forecast.

A clearer view of activity across Western Canada. Explore the history. Understand the outlook.

Prototype · Illustrative dataAll figures are fictional examples, including historical values. This is not an official CAOEC forecast.

REPORT VIEW
PERIOD

01

Drilling Rig Forecast

Canada drilling coverage: Alberta, British Columbia, Saskatchewan and Manitoba.

02

Service Rig Forecast

CANADA

Canada-wide working service rigs. Independent of the drilling region above.

Understanding this report

History & outlook

Blue table cells indicate actuals; amber cells indicate forecasts. Hover a value for its status. The 2026 annual forecast combines actual and forecast months; quarterly views show the split. † marks a provisional actual that may be revised.

A range of possible outcomes

The forecast band shows the low (10th percentile) to high (90th percentile) cases. It represents the middle 80% of modelled outcomes under the model’s assumptions. Hover or focus a forecast point for low, central and high values.

Comparable measures

Rig values are period averages; wells are period totals. Four quarterly rig values average to the annual figure, while quarterly wells add to it. Calculations use full precision; only displayed figures are rounded.

Coverage & missing history

The drilling total covers AB, BC, SK and MB. Wells have shorter histories, so unavailable periods appear as gaps and “Not available.” Canada service rigs are reported separately.

Data: deterministic illustrative fixtures. Future data provider: Studio Energy. No live API connection.