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Trican Well Service Ltd T.TCW

Alternate Symbol(s):  TOLWF

Energy Oil & Gas Equipment & Services
Trican Well Service Ltd. is a Canada-based oilfield services company. The Company supplies oil and natural gas well servicing equipment and solutions to its customers through the drilling, completion and production cycles. Its services include hydraulic fracturing, cementing, acidizing, coiled tubing and technical solutions. Its cementing solutions combine equipment, quality cement blends and ongoing research and development. Cementing solutions include pre-flushes and spacers, surface cementing, intermediate cementing, liner cementing, cement plugs and others. The coiled tubing includes milling, coiled tubing fracturing, E-Coil and others. It provides equipment, engineering support, reservoir expertise and laboratory services through the delivery of hydraulic fracturing, cementing, coiled tubing, nitrogen services and chemical sales for the oil and gas industry in Western Canada. Its milling services include fracturing plugs, fracturing ports, stage tool/debris sub and others.


TSX:TCW - Post by User

Trican Well Service Ltd > The labour shortage in the oilfield.
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Post by klamaAAAon Oct 13, 2021 7:42pm
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Post# 34003352

The labour shortage in the oilfield.

The labour shortage in the oilfield.CALGARY — For the first time in six years, Canadian oilfield services companies are hiring swathes of workers again but struggling to find enough people to fill open positions despite Alberta’s high unemployment rate.

PSAC updated its full-year drilling forecast last week as higher oil and gas prices have led to a surge in demand for oilfield services work and activity is now projected to reach pre-pandemic levels. The industry group now expects 2,330 wells will be drilled in Alberta this year and 1,290 wells in Saskatchewan, which represents an increase of 890 wells and 213 wells, respectively, in the two  provinces from 2020 levels.

 

STORY CONTINUES BELOW
 
Rigs sit idle and jobs go unfilled in Canadian oilfields as workers walk away from volatile job market | Financial Post
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