Post by
JohnSP on Nov 26, 2024 3:19pm
Q4 Canadian Rig Count - Looks Good
2023 / 2024 / % Change
Oct 1 = 190 / 217 / +14%
Oct 15 = 197 / 218 / +11%
Nov 1 = 193 / 211 / +9%
Nov 15 = 197 / 210 / +7%
Nov 26 = 195 / 206 / +6%
More rigs means more jobs possible at higher billing rates, regardless, Q4 shaping up to be great for Cdn OFS.