Hints and tips:
...The rise was driven by more US shale drilling....
...See European Oil Services & Drilling: Future postponed, again, 20/3/20, for example....
...Out of these 28, six are part-time independent consultants and contractors hired to: ...perform various professional services, particularly for services connected to drilling operations, such as specialized...
...Noble Energy has agreed to buy Midland-based Clayton Williams Energy for $3.2bn including debt, valuing its drilling rights at about $35,000 per acre....
...Transocean, one of the largest offshore drilling contractors, relocated from the US to the Cayman Islands in 1999, and then to Switzerland in 2008....
...Noble and Transocean have had their credit ratings cut from investment grade to junk status as a result of the downturn....
...Such an expansion, which Amazon itself has not confirmed, would position it as a competitor to booksellers such as Barnes & Noble....
...Diamond Offshore Drilling, down 9 per cent to $33.99, Denbury Resources, down 8 per cent to $7.30, and Noble Energy, down 10 per cent to $42.39, were the worst-performing energy stocks on the US benchmark...
...Even the most successful companies were spending more on drilling and completing wells than they booked in cash revenue....
...The decision lifted independent oil producers, including those drilling in Eagle Ford and Bakken shale of Texas and North Dakota....
...Nabors Industries fell 5.4 per cent to $14.26 as the land drilling contractor also saw investors dump its shares....
...China Oilfield Services jumped 4.9 per cent to HK$14.56 after reporting it had purchased a second-hand drilling rig to increase capacity – a move that prompted brokers at Nomura to raise their earnings forecasts...
...Goindustry Dovebid , the auctioneer for industrial equipment, jumped 55.8 per cent to 160p on news it was in talks to be bought by sector peer Liquidity Services....
...Cobalt faced a substantial obstacle to accessing the public markets in order to expand its exploration and drilling operations....
...Recep Tayyip Erdogan, prime minister, said Turkey would send gunships and the air force to monitor the area, in response to reports that Noble Energy, a US-based company, was beginning exploratory drilling...
...Noble has a contract for spill response with a group led by Helix Energy Solutions Group, an oil services company that helped develop the equipment that was eventually successful in sealing BP’s Macondo...
...Among the leaders was Noble, the offshore driller, which was up 8.1 per cent to $42.07 while Schlumberger added 5.1 per cent to $95.04....
...Oilfield services stocks were given a lift on Wednesday after the ban on drilling in the Gulf of Mexico was lifted four weeks earlier than expected....
...Affected stocks included Transocean, Diamond Offshore, which lost 4 per cent to $67.74, Noble Corp, which was down 3.6 per cent to $31.25, and Pride International, which pulled back 5 per cent to $23.90....
...The oil rig services group has previously been mooted as a potential target for Asry, the Bahrain-based shipyard operator....
...Oil exploration company Soco International firmed 0.9 per cent to £13.55 after reconfirming its 2010 drilling programme in a trading update....
...In other words, godly hot dogs while you watch the Saints v Angels Super Bowl....
...Natural gas still represents about 80 per cent of US drilling activity and all signs are that that activity will continue to grow....
...Noble, the offshore oil and gas drilling contractor, said it could benefit from contracts with Brazil’s Petrobras worth $4bn, driving the shares up 3.4 per cent to $49.67....
...Shares in other US-listed oil services groups, including Noble, Diamond and Ensco, rose sharply on news of the deal....
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