Described by The Economist as “the unsung masters of the oil industry,” oilfield services are an integral and indispensable part of the oil and natural gas industry in Western Canada. Oilfield services companies are involved in every stage of the life cycle of oil and natural gas development, from exploring for reserves to producing and ultimately abandoning and reclaiming projects. These companies also play a role in transporting, storing, processing, refining and distributing oil and natural gas. The oilfield services industry in Western Canada supports a sector involved in developing and exploiting the world’s third-largest oil reserves in a country that is the world’s fifth-largest oil and natural gas producer.
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