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Rig Locator records show that only 35 per cent of the fleet was active this week, down from 46 per cent last week.

Weekly surveys show an average 532 drilling rigs were at work over the first three months of 2013, off from last year’s 583 active rigs.

Fleet utilization on an average 794 available units was 67 per cent over the first quarter, a drop from last year’s rate of 74 per cent (an average 583 active rigs out of a fleet of 790).

In Alberta, an average 387 rigs were at work in the quarter compared to 426 rigs active in the first quarter of 2012.

Rig utilization in Manitoba was level with last year, with an average 15 rigs at work compared to the same number in 2012.

Gas-prone British Columbia saw a decline in active rigs this quarter to an average 50 units compared to 55 rigs in 2012, while in Saskatchewan there were an average 78 rigs at work across the province during the quarter versus 86 last year.

[Figure 1]
Source: Nickel Rig Locator

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