Associate Press copy is provided via The Canadian Press
CALGARY — An oil industry group says it expects the number of wells drilled in Canada to increase in 2022.
The Canadian Association of Energy Contractors says it is projecting 6,457 wells for 2022, an increase of 1,363, or more than 25 per cent, from 2021.
Activity in the oilpatch is picking up as COVID-19 restrictions ease globally and energy consumption returns to pre-pandemic levels.
Natural gas and oil pricing is higher than it has been since 2014.
However, the industry group says many drilling companies are facing labour shortages that are hampering the sector’s ability to meet growing demand.
This report by The Canadian Press was first published Nov. 23, 2021.
The Canadian Press
- 0023 LC Trucking tractor picker hiring mix
- 0022 Grimes winter hiring
- 0021 OSY Rentals S8 Promo
- 0020 Sk Oil Show PO Ad 02 speakers with voiceover
- 0019 Jerry Mainil Ltd hiring dugout
- 0018 IWS Hiring Royal Summer
- 0017 eventworx
- 0016 Estevan Meter Services
- 0014 Buffalo Potash What if PO
- 0015 Latus Viro PO Ad 01
- 0013 Panther Drilling PO ad 03 top drive rigs
- 0006 JK Junior
- 0004 Royal Helium PO Ad 02