Drilling activity in Alberta next year is expected to be less than in 2014.
The Petroleum Services Association of Canada is forecasting just more than 5,700 wells to be drilled, which is a six per cent decrease.
A decline in activity is predicted across the board, with declines in Saskatchewan and B.C. as well. In total, PSAC is looking at 10,100 wells drilled in Canada, down from 10,830.
President and CEO Mark Salkeld says with the anticipated cold winter, we can expected to see a busy first quarter, with activities slowing down in the spring, and then picking up again in the last half of the year.