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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: Ed Ajootian who wrote (25974)9/29/2003 5:58:33 PM
From: energyplay  Read Replies (1) of 206272
 
Hi Ed - are those numbers on gas rig count US numbers or US AND Canadian numbers ? Many more rigs active in Canada this year. There was a lot moer from Ladyfern 2 years ago, and less drilling in Canada I think.

bakerhughes.com

Also, if those last hunderd rigs are small rigs which don't go much beyond 5000 feet, and they are drilling fast depleting wells that average about 500 mcf/day (instead of 1.2 mmcf/day for a deepr well) the contribution of trhe last 100 wells may be way under 10 %...
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