Canada to see fewer wells on Q3 gas price drop, predicts drilling group

摘要

Vancouver-Shaken by the third-quarter drop in natural gas prices, the Canadian Association of Oilwell Drilling Contractors has again pruned its Western Canadian well count for 2006 to 22,298, off 1,529 from its June forecast and 3,700 below its original target of a year ago, but still a 12-month record.