‘It’s the smart thing to do’: Canadian oil driller moves all its rigs to the U.S. | CBC News
It wasn’t an easy decision for the management team at Citadel
Drilling. They were a Canadian company, with Canadian workers, and they
knew the Canadian oilpatch well.
Drilling. They were a Canadian company, with Canadian workers, and they
knew the Canadian oilpatch well.
It wasn’t a cheap decision to
make, either. Picking up a drilling rig and moving it south of the
border would cost about $1 million. Moving just one rig amounts to 57
semi-trailer loads of equipment.
Two
years ago, Citadel Drilling began moving its rigs to the U.S. The firm
now has all six of its rigs operating in the Permian Basin, which covers
part of western Texas and southeastern New Mexico, and more than 100
Canadian workers rotating in and out.