Quantcast

Posts related to ‘drilling rig counts’

Offshore drill rig

Global Drilling Rig Count Falls in December

Oil field services company Baker Hughes Inc. (NYSE: BHI) this morning reported that its count of foreign oil and gas drilling rigs fell from 1,267 in November to 1,253 in ...
Read Full Story »
Oil pumpjack

Baker Hughes Warns on Revenues, Profits

Oil field services company Baker Hughes Inc. (NYSE: BHI) this morning issued a revenue and profit warning for the fourth quarter. The company said that both revenues and profits would ...
Read Full Story »

US Gas Drilling Slowdown Hits Supplier (KEX, BHI, XOM, CHK, EOG, RRC)

A major supplier of the engines and transmissions that drive the hydraulic fracturing (fracking) at US oil and gas wells announced this morning that it is reducing its second quarter ...
Read Full Story »