Shortage of rig workers could slow Canadian oilpatch recovery
CALGARY, AB. – Canadian energy contractors are facing a shortage of rig workers that could slow oilpatch recovery.
Oil and gas companies are ramping up production to meet global energy demand as COVID-19 restrictions ease. Oil prices are at seven-year highs, with West Texas Intermediate trading this week at more than US$80 per barrel.
The Canadian Association of Energy Contractors says there were 175 active drilling rigs in Canada last week, compared to just 75 in the same period last year. It says employment in the sector has increased 130 per cent year-over-year.
But the industry group says labour shortages are a problem. It says some companies who can’t find workers are struggling to fill customer demand for rigs.