In this weeks post we are looking at the top 10 oil and gas companies that have reduced their drilling year over year by percentage. In last weeks post we looked at the companies that have reduced their drilling year over year by the number of wells – You can see this post here.
Below is the list of companies and the wells they drilled from February 2020 to January 2019 compared to February 2019 to January 2020 and the percent difference between the 2 years.
| Company | Wells Last 12 Months | Wells Prior 12 Months | % Difference |
| CARDINAL ENERGY LTD | 1 | 34 | 97% |
| ARTIS EXPLORATION LTD | 1 | 34 | 97% |
| CNOOC PETROLEUM NORTH AMERICA | 4 | 84 | 96% |
| HIGHWOOD OIL COMPANY LTD | 1 | 7 | 93% |
| CALTEX RESOURCES LTD | 4 | 45 | 91% |
| WEST LAKE ENERGY CORP | 4 | 36 | 90% |
| TOTAL E&P CANADA LTD | 3 | 20 | 87% |
| ATHABASCA OIL CORPORATION | 2 | 15 | 87% |
| PETROCHINA CANADA LTD | 2 | 15 | 87% |
| HAMMERHEAD RESOURCES INC | 2 | 11 | 86% |
The above information comes from XI Technologies AssetBook.
Below is a heat map of the areas where these 10 companies have drilled over the last year (Feb 2020 to Jan 2021).
If you would like to get the full list of all the compmanies that have drilled wells over the last 2 years and the quantieis, fill out the form below and we will send you a copy. There may be a 24 hour delay to get this to you.
Innovative Well Abandonment is a hydrojet cut and cap company with offices in Neilburg SK, Lloydminster AB, Lac La Biche, AB, Edmonton, Calgary, Drayton Valley, AB, and Fort St. John, BC.
To get more information and to see how Innovative Well Abandonment can help with any cut and cap projects, please fill out the form below.