US Natgas Rig Count Drops 9 to 927

Reuters Africa reported that the number of US rigs drilling for natural gas dropped by 9 to 927.

As quoted in the market news:

It was the first decline in six weeks in the gas-directed rig count, which peaked at 936 last week, its highest since mid-December. The count is down 6.6 percent from its 2010 peak of 992. That, in turn, was its highest since February 2009, when 1,018 rigs were drilling for gas.

Click here to read the full Reuters Africa report