The PSAC Canadian Oilfield Services Activity Forecast (formerly PSAC Canadian Drilling Activity Forecast) is published annually. The forecast provides five years of historical data, as well as forecasts for the coming year, on the number of wells drilled (rig released) in multiple regions across Canada (see map information below). A forecast for Closure work is also included in the publication.
Well data is further broken down in each region and reported by operator (top 20 in each area), status (gas, oil, service or dry), class (development, exploratory, re-entry), type (vertical, directional or horizontal) and depth.
When used in conjunction with the PSAC Well Cost Study, the PSAC Canadian Oilfield Services Activity Forecast can be used to determine potential market sizes for drilling and completion products and services, as well as pricing and activity direction.
Subscribers to the PSAC Canadian Oilfield Services Activity Forecast receive online access to the latest October version of the forecast as well as the three subsequent releases. Access expires one week prior to the fourth subsequent release.
2022 PSAC Canadian Oilfield Services Activity Forecast Subscription Rates
Note: For 2022, this product will only be released twice – November 2021 and in 2022 (specific month TBD).
More Information about PSAC’s Forecast
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All sales are final and non-refundable. Back issues of the PSAC Canadian Oilfield Services Activity Forecast / PSAC Canadian Drilling Activity Forecast are available on a discounted basis. For more information, contact PSAC at firstname.lastname@example.org or 403.264.4195.