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Canada oil and gas firms to drill 8% more wells next year as emissions target slips

Canada oil and gas firms to drill 8% more wells next year as emissions target slips

Producers take advantage of new shipping options, including government-owned Trans Mountain pipeline, to boost exports

Oil and gas producers say they will drill 8% more wells in Canada next year as they look to take advantage of new shipping options, including a controversial government-owned pipeline.

Amid forecasts that Canada is not on target to reach its emissions reductions goals, on Friday the Canadian Association of Energy Contractors (CAOEC) predicted nearly 500 more wells next year, to 6,229 projects.

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