Oil and natural gas drilling in Canada is expected to increase by 16 percent in 2022, according to forecasting from the Petroleum Services Association of Canada (PSAC).
“For 2022, we expect drilling activity to be higher than 2019. But, although we’ll be back to pre-COVID levels, we’re not going to be near where we were pre-downturn,” said PSAC’s president and CEO, Gurpreet Lail.
