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Western Energy Services Corp T.WRG

Alternate Symbol(s):  WEEEF

Western Energy Services Corp. is a Canada-based energy services company that provides contract drilling services in Canada and in the United States and production services in Canada through its various divisions, its subsidiaries, and its first nations relationships. The Company's services include Horizon Drilling, Stoneham Drilling, Eagle Well Servicing and Aero Rental Services. Its contract drilling business includes drilling rigs along with related ancillary equipment. Its production services business includes well servicing rigs and related equipment, as well as rental equipment. It markets a fleet of approximately 41 drilling rigs specifically suited for drilling complex horizontal wells across Canada and the United States. The Company operates around 62 well servicing rigs. Stoneham drilling rigs can include features such as AC power, top drive, dual fuel, automated pipe handling, automated catwalk, hydraulic substructure levelling, hydraulic BOP handling and Range III tubulars.


TSX:WRG - Post by User

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  • lifeisgood1010X
Post by lifeisgood1010on Jan 14, 2025 3:22pm
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Post# 36403754

CDN drillers ranked by activity levels

CDN drillers ranked by activity levelsHere is an update as of today for the activity levels.

These numbers comes from the riggertalk web site.

As you can see,all the majors players are very active.

And like i wrote previously,this sector won't be affected AT ALL if Trump go ahead and
impose tariffs.

Debt levels 

Here are the numbers as of Q3

Akita 30%
Precision 46%
Ensign 72%


Here is the ranking as of Jan. 14th

Akita:82.35%. 14 of 17 rigs working
Precision: 80.61% 79 of 98 rigs working

Ensign:77.94% 53 of 68 rigs working
Stampede :70.59% 12 of 17 rigs working
Savanna: 53.06% 26 of 49 rigs working
Horizon: 55.88% 19 of 34 rigs working.




Here is the ranking  as of Nov. 25th

Akita:76.5%. 13 of 17 rigs working
Precision: 76.5% 75 of 98 rigs working

Ensign:62.9% 44 of 70 rigs working
Stampede :58.8% 10 of 17 rigs working
Savanna: 43.9% 25 of 57 rigs working
Horizon: 38.2% 13 of 34 rigs working.



Ranking as of Oct. 25th

Akita:76.5%. 13 of 17 rigs working
Ensign:73% 52 of 71 rigs working
Precision: 73% 72 of 98 rigs working
Savanna: 42% 24 of 57 rigs working
Horizon: 33% 12 of 36 rigs working
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