Updated 2012 Canadian Drilling Activity Forecast Confirms Impact of Low Gas Prices and Labour Shortages
In its first update to the 2012 Canadian Drilling Activity Forecast the Petroleum Services Association of Canada reduced its forecasted number of wells drilled (rig released) across Canada for 2012 to 13,350 wells.This is a decrease of 1,700 wells (11 per cent) from PSAC’s original 2012 forecast released in early November 2011. However, this still represents an increase of four per cent over final 2011 drilling levels of a total of 12,917 wells drilled across Canada. For more information click here.

2012 STARS & Spurs Gala Raises a Staggering $720,000 
The Petroleum Services Association of Canada has helped raise a total of more than $5.3 million for the Shock Trauma Air Rescue Society (STARS) over 18 years of presenting the annual STARS & Spurs Gala. This year's gala brought in the highest total ever raised in the history of the event at $720,000, once again demonstrating the generosity of Canada's oil and gas industry in Calgary. Over 1,000 guests attended the gala held on Saturday, January 21, 2012. To read more click here.

PSAC Studies Reveal Oil and Gas Services Sector is a $65 Billion Industry
PSAC announced results from studies by the Canadian Energy Research Institute (CERI) and Mission Capital Inc. regarding the economic impact of oil and gas services on the Canadian economy.  More

Become a Community Partner 
Community Partners, an industry-wide “in-the-field” courtesy program supported by seven oil and gas industry associations, focuses workers’ attention on local concerns related to upstream oil and gas activity – dust, gates, garbage, noise, driving safety and traffic. For more information and to join, visit www.communitypartners.ca.