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

To: Tomas who wrote (73886)	9/19/2000 11:23:12 PM
From: The Ox	Read Replies (2) \| Respond to of 95453

Houston (Platt's)--19Sep2000/509 pm EDT/2109 GMT A "disconnect" between the number of drilling rigs exploring for natural gas in the US and gas deliverability is likely over the next 12 months, resulting in continued tight supplies despite an activity boost, Dain Rauscher analyst Ray Deacon said Tuesday. Over the next year, Lower 48 supplies will increase by about 500,000 Mcf/d to 1 Bcf/d, but this will not substantially affect deliverability because most of the increase has occurred in pipeline-constrained areas, Deacon said during an analyst panel on industry outlooks. Production growth will mainly come from US Gulf Coast coal bed methane projects, and frontier regions will not affect near-term supplies, he added.