December 3, 2025–Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)–As Canadian leaders mull their options for expanded energy trade outside of North America, a trade group said it expected a net increase in activity across the nation’s upstream sector.
The Canadian Association of Energy Contractors (CAOEC) published a forecast for 2026 activity, showing that drilling activity is on pace for an increase. By next year, CAOEC expects to see 5,709 new wells drilled across the country, which would be a 2.9% increase from this year should the forecast prove accurate.
