Almost a third of gas and oil companies surveyed expect to havecompleted Year-2000 (Y2K) remediation by the end of the year,according to the results of a new survey by the Natural Gas Council (NGC) that was released last week. It further found that73% said they would be ready by June 1999, while all respondentsindicated they would be ready by December 1999.

The survey results were presented last Friday during aconference sponsored by the Federal Energy Regulatory Commission onthe Y2K problem confronting the energy industry, specificallywhether computers will be able to recognize the “2000” date andwork.

Along with the American Petroleum Council (API), the NGCsurveyed more than 800 gas and oil companies to assess the progressthat their industries have made on the Y2K problem and to ensurethat all industry systems are ready for the date rollover on Jan.1, 2000.

Specifically, the survey results, as of this month, revealedthat 36% were in the process of remediation, or fixing, theircomputer software to accommodate the Y2K date, while another 19%were in the process of validating the results of their work.

As for embedded hardware systems, 28% of the industryrespondents said they were assessing the problems while 26%indicated they were in the process of fixing their systems. Another14% said they were currently validating the results of their work.

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