All Posts Tagged With: "BHI"
(BHI) U.S. Oil Drilling Rig Count Remains in Check
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported an unchanged U.S. rig count (number of rigs searching for oil and gas in the country), as an increase in the number of oil and miscellaneous rigs was offset by a fall in the gas rig...
1Feb2012 | vitalstocks | 0 comments | Continued(LNG) Will Natural Gas Rebound This Year?
Among the most commonly asked questions by energy investors this new year is: will low natural gas prices continue in 2012 or will we see a durable rebound in prices from their multi-year plight? From a peak of about $13.60 per million British thermal units (MMBtu) in 2008 (referring...
8Jan2012 | vitalstocks | 0 comments | Continued(BHI) U.S. Oil Drilling Rig Count Stumbles
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a dip in the U.S. rig count (number of rigs searching for oil and gas in the country). This can be primarily attributed to a decrease in the tally of natural gas-directed rigs, partially...
27Dec2011 | vitalstocks | 0 comments | Continued(BHI) U.S. Oil Drilling Rig Count Heads Further Down
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a dip in the U.S. rig count (number of rigs searching for oil and gas in the country). This can be primarily attributed to a decrease in the tally of land rigs, partially offset by...
5Dec2011 | vitalstocks | 0 comments | Continued(BHI) U.S. Oil Drilling Rig Count Edges Lower
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a marginal dip in the U.S. rig count (number of rigs searching for oil and gas in the country). This can be primarily attributed to a decrease in the tally of land rigs, partially...
29Nov2011 | vitalstocks | 0 comments | Continued(BRKB) International Energy Agency Offers Sobering Outlook
Not all the important news is centered on Greece and Italy. The International Energy Agency, or IEA, this week released its World Energy Outlook. The IEA is not some wild-eyed “peak oil/global warming” fringe group. They are about as mainstream and staid a group as...
12Nov2011 | vitalstocks | 0 comments | Continued(SLB) Schlumberger Limited to Drill for Petroleos Mexicanos (Pemex)
Houston, Texas-based Schlumberger Limited (SLB)’s local branch secured the right to drill a mature oil field offered by Mexico’s state oil monopoly Petroleos Mexicanos (Pemex) after the original winner – Mexican concern Administradora en Proyectos de Campos – failed to...
26Oct2011 | vitalstocks | 0 comments | Continued(EIA) Oil and Gas Stock Outlook – October 2011 – Industry Outlook
OUTLOOK Crude Oil Mounting worries about Europe’s debt crisis, a persistently weak U.S. jobs market and less-than-encouraging guidance from the Federal Reserve have been weighing on investor sentiment, weakening oil prices to around $85 a barrel. Apprehensions about high...
20Oct2011 | vitalstocks | 0 comments | Continued(BHI) U.S. Gains Six Oil-Drilling Rigs Over the Week
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country) to its highest level since November 7, 2008. This can be primarily attributed to an increase...
27Sep2011 | vitalstocks | 0 comments | Continued(BHI) U.S. Drilling Rig Count at 34-Month High
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country) to its highest level since November 7, 2008. This can be primarily attributed to an increase...
21Sep2011 | vitalstocks | 0 comments | Continued(BHI) U.S. Loses 10 Oil Rigs over the Week
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a dip in the U.S. rig count (number of rigs searching for oil and gas in the country). This can be primarily attributed to a decrease in the tally of land rigs. The Baker Hughes rig...
16Sep2011 | vitalstocks | 0 comments | Continued(PBR) Oil Industry Mergers and Acquisitions 2011
by Justin Dove, Investment U Research Monday, September 12, 2011 Oil Services Industry Set for “Gusher Of Profits” As Ian Cooper’s recent article for Wealth Daily stated, the world isn’t necessarily running out of oil. It’s running out of “easy to get” oil. Oil...
14Sep2011 | InvestmentU | 0 comments | Continued(BHI) U.S. Drilling Rig Count Up by 1 Unit
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a marginal rise in the U.S. rig count (number of rigs searching for oil and gas in the country). This can be primarily attributed to an increase in the tally of land rigs searching...
12Sep2011 | vitalstocks | 0 comments | Continued(CHK) A Tipping Scale Still Favors Natural Gas
by David Fessler, Investment U Senior Analyst Friday, September 9, 2011 This past April 21, according to Baker Hughes Inc.’s (NYSE: BHI) weekly rotary rig count, the number of rigs drilling for oil surpassed those drilling for natural gas. Back in May, I wrote an article on...
11Sep2011 | InvestmentU | 0 comments | Continued(BHI) U.S. Oil Drilling Rig Use Falls by Seven Units
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a dip in the U.S. rig count (number of rigs searching for oil and gas in the country). This can be primarily attributed to a decrease in the tally of land rigs. The Baker Hughes rig...
8Sep2011 | vitalstocks | 0 comments | Continued(BHI) U.S. Natural Gas Drilling Rig Count Hits 900
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country). This can be primarily attributed to an increase in the tally of land rigs. The Baker Hughes...
23Aug2011 | vitalstocks | 0 comments | Continued(BHI) U.S. Drilling Rig Count Up by a Unit
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a marginal rise in the U.S. rig count (number of rigs searching for oil and gas in the country). This can be primarily attributed to an increase in the tally of land rigs. The Baker...
5Aug2011 | vitalstocks | 0 comments | Continued(BHI) U.S. Oil Drilling Rig Count Goes Past 1900
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country). This can be primarily attributed to an increase in the tally of land rigs. The Baker Hughes...
20Jul2011 | vitalstocks | 0 comments | Continued(BHI) U.S. Oil Drilling Pushes Rig Count Up
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country). This can be primarily attributed to an increase in the tally of oil rigs. The Baker Hughes rig...
6Jul2011 | vitalstocks | 0 comments | Continued(BHI) Baker Hughes Unveils Advanced System
Oilfield services provider Baker Hughes (BHI) has launched a new wellbore clean-up and displacement system. This will be utilized to ensure equipment efficiency as well as minimum hazards while operating in high-cost environments such as deepwater applications; horizontal, extended-reach,...
5Jul2011 | vitalstocks | 0 comments | Continued(SLB) Schlumberger Limited to Take Over Framo
Schlumberger Limited (SLB) announced that it will acquire the remaining shares of Framo Engineering AS from Frank Mohn AS that gives a boost to its subsea footprint. The closing of the transaction is subject to regulatory approval and the company did not reveal any financial...
30Jun2011 | vitalstocks | 0 comments | Continued(BHI) U.S. Oil Drilling Rig Count Tops 1000
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country). This can be primarily attributed to an increase in the tally of oil rigs. The Baker Hughes rig...
28Jun2011 | vitalstocks | 0 comments | Continued(BHI) Since Last Year, It’s Been Nothing But “Drill, Baby, Drill”
by David Fessler, Investment U Senior Analyst Thursday, June 23, 2011 When Michael Steele first coined the phrase “drill, baby, drill” during a speech at the 2008 Republican National Convention, he suggested the United States needed to increase drilling for oil and gas...
23Jun2011 | InvestmentU | 0 comments | Continued(BHI) U.S. Oil Drilling Rig Count Goes Up
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country). This can be primarily attributed to an increase in the tally of oil rigs, somewhat offset by...
20Jun2011 | vitalstocks | 0 comments | Continued(HAL) Basic Energy Services and Key Energy Service Key to Oilfield Profits
It’s easy to think of energy companies in broad strokes. Either there are the big integrated firms, or there are hundreds of independent E&P firms, drillers, and refiners. But, of course, in between are lots of companies that specialize in providing services to all...
17Jun2011 | vitalstocks | 0 comments | Continued(BHI) U.S. Oil Drilling Rig Count Edges Higher
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a marginal rise in the U.S. rig count (number of rigs searching for oil and gas in the country). This can be primarily attributed to an increase in the tally of oil rigs, almost offset...
14Jun2011 | vitalstocks | 0 comments | Continued(XLE) Stock Market News for June 10, 2011 – Market News
Finally, investors enjoyed some cheer as the markets broke their six-day losing streak buoyed by positive data on export levels and a shrinking trade deficit. While this report provided optimism about a recovery in the economy, job data once again failed to suggest any improvement....
10Jun2011 | vitalstocks | 0 comments | Continued(BP) World, U.S. Oil Production Rises in 2010
World oil production rebounded by 2.2% in 2010 to reach 82.095 million barrels per day (B/D), up from 80.278 million B/D in 2009, but virtually unchanged from 2008 levels. World oil consumption, though, increased by 3.1% to hit 87.382 million B/D. Due to the inclusion of non-oil...
9Jun2011 | vitalstocks | 0 comments | Continued(BHI) U.S. Drilling Rig Count Moves Up to 1854
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country), primarily reflecting an increase in the tally of land rigs. In particular, there were more rigs...
7Jun2011 | vitalstocks | 0 comments | Continued(XLE) Stock Market News for June 6, 2011 – Market News
After four consecutive weeks of losses, investor hopes were dashed once again this week as weak economic data dragged the indices down to their fifth straight week of losses. On Friday, weak jobs data from the Labor department ensured that indices remained in the red, reflecting...
6Jun2011 | vitalstocks | 0 comments | Continued