Trican Well Service Ltd T.TCW

The labour shortage in the oilfield.

[klamaAAA]

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.

 

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

[firstworld]

All hype. They need to pay for abandoned wells first LOL, then compete the 1000s they drilled waiting for price uptick. As usual by the time Canadians can get going the bubble will blow 6 mths later, always lagging. Putin running the show, Canada zero global market access, and three traders buying 85% at 40 % discounts...terrible situation looks like fourth work banana dictatorship hahah.