Canadian Oilfield Services Activity Forecast

Forecast Overview

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.

Forecast Subscriptions

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 – October 2021 and April 2022.

2021 PSAC Canadian Oilfield Services Activity Forecast Subscription Rates

To subscribe to the either the 2022 or 2021 Forecast, please download the  Forecast order form, complete and return to accounting@psac.ca

Current subscribers:

2021

2020

More Information about PSAC’s Forecast

PSAC Area Map

Back Issues

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 accounting@psac.ca or 403.264.4195.