The Canadian Association of Oilwell Drilling Contractors was formed in 1949 by 10 drilling contractors.
Today, CAODC represents all of Canada's drilling contractors and 98% of its service rig contractors.
Thursday's Drilling Utlization: 42.5%
(Active rigs: 343)
Exploration & Productions companies contract drilling rigs to explore new basins or construct new wells.
They contract service rigs to bring wells into production or to repair them.
This economic impact includes:
The following OpEd was published in the Calgary and Edmonton Sun
Greenpeace is not just some silly, stunt-pulling – but ultimately innocent – environmentalist group. They represent an extremist, neo-luddite movement to roll back human achievement....
You wouldn't step on the rig floor without a hardhat, don’t step on the gas pedal without a seatbelt. It’s a message everyone can take to heart.