CAODC Reported Activity - Service Rigs
| 2017 ||Registered Rig Fleet|| Utilization*|
| 2016 || Registered Rig Fleet|| Utilization*|
|January ||1015|| 26% |
| 2015|| Registered Rig Fleet|| Utilization*|
|November||1042|| 31% |
|October|| 1057 || 34% |
|September|| 1054 ||28%|
|April ||1079|| 21% |
Expanded Membership Reports
Become an Associate Member to view Service Rig Operating Hour data broken out by Province. Historical Service Rig Data is available from October 2013 to present.
Formula for determining service rig utilization:
Actual Reported Hours / (Registered Rigs X 304)*
*This calculation is based on the determination that if the fleet was at full utilization for one year, each rig would average 10 hours per day for 365 days. By this calculation, full utilization for one rig for one month averages out to 304 hours. Read more about the factors the CAODC Service Rig Executive Committee considered to arrive at this formula.