Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Think4Yourself who wrote (51767)	9/24/1999 12:43:00 AM
From: GaAs52	Read Replies (1) of 95453

John Q Public My only reservation (well, lack of understanding) for E&P with high NG exposure is the recent surge in drilling activity for gas. The recent surge in drilling is almost all for gas, which makes the number of rigs drilling for gas as high as the 97 boom times. It looks like there will be plenty of NG after all this activity. Please comment on my earlier post in rig numbers for gas and oil. Message 11335005 Oil and gas Rig Count Some numbers from BH rig count Date----------Tot. Rig------Gas Rig----- Oil Rig 01/26/96-----703----------404--------- 291 09/05/97-----1032---------625--------- 404 04/23/99-----488----------362--------- 126 08/06/99-----616----------516--------- 98 09/17/99-----703----------570--------- 132

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