In partnership with
Recent Notes
Become An AI Expert In Just 5 Minutes
If you’re a decision maker at your company, you need to be on the bleeding edge of, well, everything. But before you go signing up for seminars, conferences, lunch ‘n learns, and all that jazz, just know there’s a far better (and simpler) way: Subscribing to The Deep View.
This daily newsletter condenses everything you need to know about the latest and greatest AI developments into a 5-minute read. Squeeze it into your morning coffee break and before you know it, you’ll be an expert too.
Subscribe right here. It’s totally free, wildly informative, and trusted by 600,000+ readers at Google, Meta, Microsoft, and beyond.
Baker Hughes Rig Count, as of 2/15/26
Weekly Metrics | Canada | United States |
|---|---|---|
Rig Count, Current Week | 222 | 484 |
Rig Count, Last Week | 228 | 486 |
Rig Adds | Foothills (+1), NE AB (+2) | Appalachia (+1), Permian-Eddy (+1), Niobrara (+1), Haynesville (+1) |
Rig Reductions | NE BC (-2), Central AB (-1), East-Central AB (-2), Central SK (-3), SE SK (-1) | Anadarko (-1), Permian-Midland (-4), Bakken (-1) |
4Q25/FY25 CA E&P Earnings Calls
Cenovus Energy Inc. (CVE), February 19, 9:00AM MT (link)
Whitecap Resources Inc. (WCP), February 23, 9:00AM MT (link)
Tamarack Valley Energy Ltd. (TVE), February 25, 9:00AM MT (link)
Baytex Energy Ltd. (BTE), March 3
Paramount Resources Ltd. (POU), March 3
Tourmaline Oil Corp. (TOU), March 4
Vermilion Energy Inc. (VET), March 5
Canadian Natural Resources Limited (CNQ), March 5, 9:00AM MT (link)
Peyto Exploration & Development Corp. (PEY), March 11
Advantage Energy Ltd. (AAV), TBD
Strathcona Resources Ltd. (SCR), TBD
Rig Count by Canadian-based E&P (as categorized by OilGasPages.com)
Weekly Metrics | Canadian E&Ps Covered, as of 2/15/26 |
|---|---|
Rig Count, Current Week | 126 |
Rig Count, Last Week | 132 |
Rig Count Leaders | CNQ (19), CVE (17), WCP (16), TOU (14), ARX (9) |
Rig Adds, by E&P | OVV (+1), BTE (+2), BIR (+1), ATH (+1) |
Rig Reductions, by E&P | WCP (-2), SCR (-1), PEY (-1), TVE (-1), VET (-1), MUR (-1) |
4Q25/FY25 US E&P Earnings Calls
Expand Energy (EXE), February 18, 7:00AM MT (link)
Devon Energy Corporation (DVN), February 18, 9:00AM MT (link)
Occidental Petroleum Corporation (OXY), February 19, 11:00AM MT (link)
Diamondback Energy, Inc. (FANG), February 24, 7:00AM MT (link)
Range Resources (RRC), February 24 7:00AM MT (link)
Ovintiv ULC (OVV), February 24 9:00AM MT (link)
Matador Resources Company (MTDR), February 25, 9:00AM MT (link)
EOG Resources, Inc. (EOG), February 25, 8:00AM MT (link)
Permian Resources Corporation (PR), February 26, 8:00AM MT (link)
SM Energy Company (SM), February 26, 8:00AM MT (link)
Crescent Energy Company (CRGY), February 26, 9:00AM MT (link)
APA Corporation (APA), February 26, 9:00AM MT (link)
Chord Energy Corporation (CHRD), February 26, 9:00AM MT (link)
Coterra Energy Inc. (CTRA), February 27, 8:00AM MT (link)
High Peak Energy Inc. (HPK), TBD
Rig Count by United States-based E&P (as categorized by OilGasLeads.com)
Weekly Metrics | USA E&Ps Covered, as of 2/15/26 |
|---|---|
Rig Count, Current Week | 267 |
Rig Count, Last Week | 264 |
Rig Count Leaders | XOM (35), DVN/CTRA (31), COP (25), EOG (25), OXY (24) |
Rig Adds, by E&P | XOM (+2), EOG (+2), COP (+1), OXY (+2), SM (+1), CNX (+1) |
Rig Reductions, by E&P | DVN/CTRA (-1), CVX (-1), MTDR (-2), CRGY (-1), HPK (-1) |
United States Frac Spreads (as tabulated by The American Oil & Gas Reporter)
Frac spread activity for the week of 2/15/26 was 153 up from the previous week (145).
Canada & United States Companies Mentioned
Tourmaline Oil Corp. (TOU)
Canadian Natural Resources Limited (CNQ)
Cenovus Energy Inc. (CVE)
ARC Resources Ltd. (ARX)
Baytex Energy Ltd. (BTE)
Peyto Exploration & Development Corp. (PEY)
Tamarack Valley Energy Ltd. (TVE)
Whitecap Resources (WCP)
Paramount Resources Ltd. (POU)
Birchcliff Energy Ltd. (BIR)
Vermilion Energy Inc. (VET)
Suncor Energy Inc. (SU)
Strathcona Resources Ltd. (SCR)
Advantage Energy Ltd. (AAV)
Imperial Oil Resources (IMO)
Athabasca Oil Corporation (ATH)
Matador Resources Company (MTDR)
Expand Energy (EXE)
Antero Resources Corporation (AR)
Magnolia Oil & Gas Corporation (MGY)
Comstock Resources, Inc. (CRK)
Exxon Mobil Corporation (XOM)
EOG Resources, Inc. (EOG)
SM Energy Company (SM)
Chevron Corporation (CVX)
Diamondback Energy, Inc. (FANG)
Coterra Energy Inc. (CTRA)
Crescent Energy Company (CRGY)
Ovintiv Canada Ulc (OVV)
Devon Energy Corporation (DVN)
Murphy Oil Corp (MUR)
Permian Resources Corporation (PR)
APA Corporation (APA)
ConocoPhillips Canada Resources Corp. (COP)
Occidental Petroleum Corporation (OXY)
Chord Energy Corporation (CHRD)
High Peak Energy Inc. (HPK)
Disclaimer: All information contained in this publication has been researched and compiled from sources believed to be accurate and reliable at the time of publishing. However, in view of the natural scope for human and/or mechanical error, either at source or during production, Patrick Enwright accepts no liability whatsoever for any loss or damage resulting from errors, inaccuracies or omissions affecting any part of the publication. All information is provided without warranty, and Patrick Enwright makes no representation of warranty of any kind as to the accuracy or completeness of any information hereto contained.
