This statistic shows the utilization rates of drilling rigs in Canada from 1977 to 2019. The maximum utilization rate was 79 percent in 1980, followed by 2005 with a 71 percent utilization rate. After 2010, only around 50 percent of drilling rigs were used, before decreasing to 27 percent in 2019.
Share of drilling rigs in use in Canada from 1977 to 2019*
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CAPP. (June 2, 2020). Share of drilling rigs in use in Canada from 1977 to 2019* [Graph]. In Statista. Retrieved February 25, 2021, from https://www.statista.com/statistics/480620/canadian-drilling-rigs-utilization-rate/
CAPP. "Share of drilling rigs in use in Canada from 1977 to 2019*." Chart. June 2, 2020. Statista. Accessed February 25, 2021. https://www.statista.com/statistics/480620/canadian-drilling-rigs-utilization-rate/
CAPP. (2020). Share of drilling rigs in use in Canada from 1977 to 2019*. Statista. Statista Inc.. Accessed: February 25, 2021. https://www.statista.com/statistics/480620/canadian-drilling-rigs-utilization-rate/
CAPP. "Share of Drilling Rigs in Use in Canada from 1977 to 2019*." Statista, Statista Inc., 2 Jun 2020, https://www.statista.com/statistics/480620/canadian-drilling-rigs-utilization-rate/
CAPP, Share of drilling rigs in use in Canada from 1977 to 2019* Statista, https://www.statista.com/statistics/480620/canadian-drilling-rigs-utilization-rate/ (last visited February 25, 2021)