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Showing results for Baker Hughes Inteq Drilling Fluids Inc
...“This is, from a political standpoint, very fluid.”...
...On Friday, the number of onshore rigs fell again, according to Baker Hughes — marking the biggest monthly drop since June 2020, when oil prices were crashing and producers were forced to shut wells, slash...
...That’s the message this week from Halliburton and Baker Hughes, two of the world’s top oilfield services groups, which carry out the frontline work for oil and gas producers such as drilling and fracking...
...Baker Hughes took a 5 per cent stake in Adnoc’s drilling unit....
...Fellow services groups Baker Hughes and Schlumberger report tomorrow and Friday....
...Baker Hughes, the energy services arm of General Electric, also on Monday agreed to pay $550m for a 5 per cent stake in the drilling division of Abu Dhabi’s state oil company, marking the first time the...
...The number of rigs drilling the horizontal wells used for shale oil production has more than doubled from its low of 248 in May last year to 652 last week, according to Baker Hughes, the oilfield services...
...The number of rigs drilling the horizontal wells used for shale oil production last week dropped for a second week in succession, the first such fall since May 2016, according to Baker Hughes, the oilfield...
...The number of active rigs in the US drilling the horizontal wells used for shale oil production has more than doubled over the past 12 months, from 248 to 598 last week, according to Baker Hughes, the oilfield...
...Oil watchers obsess over the “rig count” statistics released each Friday by Baker Hughes, an oilfield services company. The tally is a good indication of oil companies’ intentions to expand supply....
...The number of rigs in the region drilling horizontal oil wells has nearly doubled from its low of 116 last May, reaching 221 last week, according to Baker Hughes, the oilfield services group....
...Back before the Halliburton/Baker Hughes merger was a torpedoed deal, it was a hostile one....
...But data on Friday from Baker Hughes showed the number of active US drilling rigs rose for their second consecutive increase, rising by three for the week ending June 10....
...Baker Hughes shares fell almost 4 per cent to $46.93....
...Last week there were 316 rigs drilling the horizontal wells used for shale oil, up 68 from the low point in May, according to Baker Hughes, the oilfield services group....
...Since May, the number of rigs drilling horizontal shale oil wells in the US has risen by 77 to 325, according to the oilfield services company Baker Hughes....
...That deal would have left the combined company and its one big competitor Schlumberger sharing more than 90 per cent of the market for offshore cementing and drilling fluids, for example....
...The Baker Hughes count of rigs drilling onshore oil wells in the US has now risen for three weeks in succession, but is still only back to its level in April....
...On Friday Baker Hughes, the oilfield services company, reported a second consecutive weekly increase in the number of rigs drilling for oil in the US, contributing to a 3 per cent drop in the price of benchmark...
...Halliburton shares fell 3.8 per cent to $40.45 after the oilfield services company, which just abandoned its $28bn merger with Baker Hughes, said losses widened significantly in the first quarter as oil...
...But the number of rigs drilling for US oil did not start to decline in earnest until five months later, according to Baker Hughes, the oilfield services company....
...There were 1,366 rigs drilling wells primarily for oil in the US, the lowest number since October 2013, according to Baker Hughes, the oilfield services company that compiles a weekly count....
...Shares of Baker Hughes slipped 4 per cent to $51.13 after its price target was cut to $65 from $87....
...The number of rigs drilling for oil in the US, compiled by Baker Hughes, dropped 94 last week, and is down 24 per cent since October....
...Halliburton is trying to consolidate the oil services industry by buying Baker Hughes; peer Schlumberger just spent $1.7bn on a stake in Eurasia Drilling....
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