Oil and Gas Group Ramps Up Drilling Forecast for Alberta - Calgary Herald

Posted February 2017

A new forecast for the oil and gas industry suggests drilling will pick up at a faster pace than was previously expected as producers respond to improved energy prices with more aggressive drilling programs.

The Petroleum Services Association of Canada said Monday nearly 5,200 wells are expected to be drilled across the country this year, an increase of 975 wells over the group’s November outlook.

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