A Calgary-based oilfield services company that cut its workforce by more than 40 per cent in the last year says it now has a worker shortage.
Essential energy services says demand for its well completion and production services in Western Canada has been rising this fall amid a modest improvement in commodity prices.
But the company says its ability to accept work could be “constrained” because it doesn’t have enough workers, despite adding 30 per cent more staff over the summer.
Essential had cut about 400 jobs last year due to the impact of falling oil prices on its business.
It said the length and depth of the current energy industry downturn has meant many laid-off oilfield workers have abandoned the profession.