Hunt

The industry’s hunt for natural gas has gone way beyond thesearch for oil and shows no signs of letting up. Gas directeddrilling has held a solid 80% of all U.S. drilling by rotary rigssince mid-July. And last week the number of rotary rigs drillingfor gas leaped to 609 from 579 the week prior, while total rigsrose to 750 from 721, the largest weekly gain since Nov. 28, 1997,according to Baker Hughes. Oil-directed drilling declined duringthe week by one rig to 139.

The Natural Gas Supply Association (NGSA) shuffled its executive organization last week, yet its hunt for a new president continues. The NGSA said it still does not have a timeline for an appointment to the presidency post, but it hopes to get the job filled quickly. Sources indicated, however, the search may take longer than initially anticipated.

The Natural Gas Supply Association (NGSA) shuffled its executiveorganization Tuesday, yet its hunt for a new president continues.The NGSA said it still does not have a timeline for an appointmentto the presidency post, but it hopes to get the job filled quickly.