Drilling will be down by around 10 per cent in 2015 according to estimates from The Canadian Association of Oilwell Drilling Contractors.
Drilling will be down by around 10 per cent in 2015 according to estimates from The Canadian Association of Oilwell Drilling Contractors. With a 30 per cent drop in the oil price this year, the prediction is based on prices staying lower. The association is also concerned about the delays in pipeline infrastructure however LPG could prove to be a bright star if plans to build export facilities in Alberta come to fruition.