Oil & Gas

If this year wasn’t bad enough for the oilpatch, next year’s drilling activity is expected to be even worse, with substantially fewer wells drilled across the country.

The Saskatchewan Crown land sale for oil and gas mineral rights was worse than the last one, but better that the one before that.

With winter on the horizon, major projects for the Ministry of Highways and Infrastructure are wrapping up.

Saskatchewan’s active drilling rig count has remained flat since Oct. 10, with 17 rigs in the field as of Nov. 2, according to Rig Locator (riglocator.ca). The active drilling rig count is the leading indicator of activity in the oilpatch.

If this year wasn’t bad enough for the oilpatch, next year’s drilling activity is expected to be even worse, with substantially fewer wells drilled across the country.

The Saskatchewan Crown land sale for oil and gas mineral rights in October was worse than the previous one in August, but better that the one before that.

If this year wasn’t bad enough for the oilpatch, next year’s drilling activity is expected to be even worse, with substantially fewer wells drilled across the country.

The Petroleum Services Association of Canada (PSAC) released its 2021 Canadian Oilfield Services Activity Forecast. PSAC expects a total of 2,600 wells (rig releases) to be drilled in Canada in 2021.

The 2020 harvest is all wrapped up in the southeast region, and farmers are doing fall work as the weather conditions allow, although recent cold temperatures and snow have prevented some of the work being done.

Harvesting in southeast Saskatchewan is nearing full completion for 2020, with 98 per cent of the crop combined, up from 96 per cent the previous week, ahead of the five-year average of 84 per cent done by this time of year.