Canadian drilling activity posted 17 spuds on April 28, running 23% below the 30-day average of 22.1 per day and off from 23 spuds the prior session, with all activity confined to Alberta. Weekly momentum has weakened materially, with just 40 spuds recorded so far this week against 81 in the prior week. Canadian Natural Resources Limited led operators with 3 wells, followed by Paramount Resources, Ovintiv Canada, and Spur Petroleum at 2 wells each. On a year-to-date basis, 3,559 spuds have been recorded, trailing the same period last year by roughly 17.5%, a gap that has persisted through the first quarter.