January 28, 2009 / 3:05 PM / 9 years ago

Canadian oil drilling seen dropping 21 pct in '09

CALGARY, Alberta, Jan 28 (Reuters) - Canadian oil and gas drilling could fall 21 percent this year on slowing petroleum demand and low commodity prices, the Petroleum Services Association of Canada said on Wednesday.

The association, which represents Canadian oilfield service firms, said it expects 13,500 oil and gas wells to be drilled in 2009, down from 17,043 in 2008 and 46 percent below the record 25,000 wells drilled in 2005. (Reporting by Scott Haggett; Editing by Jeffrey Jones)

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