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  • CAODC Service Rig Members:

    CAODC Service Rig contractor members are invited to attend a general membership meeting on Thursday Dec 3, 2015 in Red Deer

    The agenda includes an update on CAODC activities and a roundtable discussion on issues of concern to Service Rig contractor members.

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  • Associate Member Breakfast: 2016 Forecast Release

    CAODC released the 2016 forecast:

    • Projected 2016 wells drilled: 4,728—a decrease of 58% from 2014
    • Projected operating days: 56,260—a decrease of 57% from 2014
    • Rig fleet expected to contract by 62 (696 registered rigs)
    • 57% decrease in employment from 2014 levels (-28,485 jobs)
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  • 1 Active Rig = 135 Jobs

    This economic impact includes:

    • jobs directly at the rig
    • jobs in oilfield support services
    • jobs in rural communities near oil and gas activity
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  • CAODC Drilling Rig Count for Thursday: 186 Rigs

    What is the impact on employment?

    • 3,780 direct jobs (Leasehand, Floorhand, Derrickman, Driller)
    • 21,735 indirect jobs (pumping and safety services, truck drivers, etc.)
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