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Rig moves pick up with drilling activity

Carnduff – With drilling picking up somewhat, so is rig moving. While Saskatchewan’s drilling fleet had a really slow June and July this year, activity started to improve noticeably in mid-August.
Fast Trucking
Fast Trucking Services. File photo

Carnduff – With drilling picking up somewhat, so is rig moving. While Saskatchewan’s drilling fleet had a really slow June and July this year, activity started to improve noticeably in mid-August.

“We’ve had a few rigs move,” said Dennis Day, general manager of Fast Trucking Service Ltd. in Carnduff. He spoke to Pipeline News on Aug. 23 on his way to the combine to harvest.

“In July we had 32 rig moves. Already this month we’ve had 34,” Day said.

That corresponds with the number of rigs working. On July 25, there were 19 rigs working in Saskatchewan, according to Rig Locator (www.riglocator.ca). On Aug. 23, that number was 47.

“Fifty was what we’d move in a week,” Day said of the busier times.

A few years ago, Fast Trucking could move seven or even eight rigs in one day.” Now,” he said, “we can still move four rigs a day.”

He’s hoping things will get busy. “Maybe it will,” Day said.

“I don’t think it’s going to be much different than what it is for a year, probably. I don’t see oil going up. I think we’ll see US$40 to US$50 oil.”

Rates have dropped to the point where they can’t go any lower. “Nobody’s got any room to move anymore,” he said. “The majority of people are doing it just to break even and survive.”