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Vol. 10, No. 32 Week of August 07, 2005
Providing coverage of Alaska and northern Canada's oil and gas industry


Drilling, service sector reaching new highs

Canadian fleet tops 1,000 service rigs, 743 drilling rigs active; service firm capital on track to beat C$2.24B spent in 2004

Gary Park

Petroleum News Canadian Correspondent

The energy services industry seems on the verge of reaping handsome rewards from the upstream boom. In response to soaring activity that shows no signs of easing in the foreseeable future, the Canadian fleet is on an expansion path, topping 1,000 service rigs in July and 743 drilling rigs, up 155 in....

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