Canadian Association of Oilwell Drilling Contractors
2050, 717 - 7 Avenue SW T2P 0Z3 Calgary, AB, Canada

Saskatchewan's oil production has rebounded by half of its pre-COVID production levels. September saw Saskatchewan producing 434,000 barrels per day, which was up from a low of 361,000 in May, but still below the 502,000 when COVID hit in March." Announced Saskatchewan Minister of Energy and Resources, the Honourable Bronwyn Eyre at the CAODC State of the Industry. Although wells drilled in Saskatchewan are down 40 per cent compared to last year, 50 per cent of production is back online and Minister Eyre remains hopeful.

ICYMI: The CAODC expects 3,771 wells to be drilled next year, up 475 from the projected total of 3,296 in 2020. Although the industry’s short-term challenges endure, we continue to be bullish in the medium and long-term as the world continues to demand Canadian energy resources. says CAODC President and CEO Mark A. Scholz.

Did you know an investment in a single oil and gas job creates six other jobs across our economy? Learn about the Task Force for Real Jobs, Real Recovery's plan to get Canadians back to work. Read it now on The Hitch: https://thehitch.ca/counting-on-canadas-resources/

Canada's weekly rig count at 108 with 56 rigs drilling for oil and 49 drilling for gas! http://ow.ly/2yfX50CqFkb

WATCH: CAODC President & CEO Mark A. Scholz on the 2021 drilling forecast. 2020 has been the by far the worst year we have ever experienced in, really, the history of the oil patch since we've been recording the state of back since the 1970s," said Scholz.