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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: Think4Yourself who wrote (51871)9/27/1999 12:59:00 AM
From: Douglas V. Fant  Read Replies (2) | Respond to of 95453
 
JQP, The Midland Reporter and Telegram Oil & Gas section is totally dedicated to natural gas this Sunday- too many articles and analyses to quote.

The President of Patterson Drilling Cloyce Talbott noted that about 500 rigs are drilling for gas in North America currently and that that number would have to rise to 800+ onshore rigs to go simply sideways on gas production at current levels.

Also per DOE Energy Adviser Bob Gallagher total additional wells drilled for natural gas in North America must rise from 5,000 annually to 9,000 addiitonal wells annually in order to meet gas demand through 2020.....