Baker Hughes

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Baker Hughes announces weekly rig counts

Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website. BHI Rig Count: U.S. -48 to 571 rigs U.S. Rig Count is down 48 rigs from last week to 571, with oil rigs down 31 to 467, and gas rigs down 17 to 104. U.S. Rig Count is down 885 rigs from last year at 1... Monday, February 8, 2016

Baker Hughes announces January 2016 rig counts

Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for January 2016 was 1,045, down 50 from the 1,095 counted in December 2015, and down 213 from the 1,258 counted in January 2015. The international offshore rig count for January 2016 was 242, down 8 from the 250 c... Friday, February 5, 2016

BHI Rig Count: U.S. -18 to 619, Canada -19 to 231

Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website. BHI Rig Count: U.S. -18 to 619 rigs U.S. Rig Count is down 18 rigs from last week to 619, with oil rigs down 12 to 498, and gas rigs down 6 to 121. U.S. Rig Count is down 924 rigs from last year at 1,... Monday, February 1, 2016

Baker Hughes announces fourth quarter and full-year 2015 results

Baker Hughes Incorporated (NYSE: BHI) announced today results for the fourth quarter and full year of 2015. 'Our 2015 results are reflective of an extremely difficult and increasingly challenging year for the industry,' said Martin Craighead, Baker Hughes Chairman and Chief Executive Officer. 'Sinc... Thursday, January 28, 2016


Baker Hughes announces weekly rig counts

Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website. BHI Rig Count: U.S. -13 to 637 rigs U.S. Rig Count is down 13 rigs from last week to 637, with oil rigs down 5 to 510, and gas rigs down 8 to 127. U.S. Rig Count is down 996 rigs from last year at 1,6... Monday, January 25, 2016

Baker Hughes announces weekly rig counts

Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website. BHI Rig Count: U.S. -14 to 650 rigs U.S. Rig Count is down 14 rigs from last week to 650, with oil rigs down 1 to 515, and gas rigs down 13 to 135. U.S. Rig Count is down 1,026 rigs from last year at ... Monday, January 18, 2016

Halliburton and Baker Hughes respond to European Commission action

Halliburton Company (NYSE: HAL) and Baker Hughes Incorporated (NYSE: BHI) today noted the decision by the European Commission to initiate a Phase II review of Halliburton's pending acquisition of Baker Hughes. This decision is a normal step in the Commission's review process, and the views expresse... Wednesday, January 13, 2016

Baker Hughes announces weekly rig counts

Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website. BHI Rig Count: U.S. -34 to 664 rigs U.S. Rig Count is down 34 rigs from last week to 664, with oil rigs down 20 to 516, and gas rigs down 14 to 148. U.S. Rig Count is down 1,086 rigs from last year at... Monday, January 11, 2016

Baker Hughes announces December 2015 rig counts

Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for December 2015 was 1,095, down 14 from the 1,109 counted in November 2015, and down 218 from the 1,313 counted in December 2014. The international offshore rig count for December 2015 was 250, down 9 from the 25... Friday, January 8, 2016

A Return to Lean and Mean?

2015 was a tough year. Spending and headcounts have been slashed across the industry and the spectre of bankruptcy is an all too common concern. Recent trends in commodity prices have not helped. Late December saw Moody's downgrade its price forecast for 2016 by 17% and a further dip in the price of... Monday, January 4, 2016

Baker Hughes announces weekly rig counts

Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website. BHI Rig Count: U.S. -2 to 698 rigs U.S. Rig Count is down 2 rigs from last week to 698, with oil rigs down 2 to 536, and gas rigs are unchanged from last week, at 162. U.S. Rig Count is down 1,113 rig... Monday, January 4, 2016

Baker Hughes announces weekly rig counts

Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website. BHI Rig Count: U.S. -9 to 700 rigs U.S. Rig Count is down 9 rigs from last week to 700, with oil rigs down 3 to 538, and gas rigs down 6 to 162. U.S. Rig Count is down 1,140 rigs from last year at 1,8... Thursday, December 24, 2015

Baker Hughes announces weekly rig counts

Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website. BHI Rig Count: U.S. Unchanged at 709 rigs U.S. Rig Count is unchanged from last week at 709, with oil rigs up 17 to 541, and gas rigs down 17 to 168. U.S. Rig Count is down 1,166 rigs from last year a... Monday, December 21, 2015

Oil price, Wood Group, Sound Energy, Caza, Sundry-HAL/BH-Pantheon-Bowleven-Amerisur- And finally...

Oil price So, this afternoon the Fed will announce, arise US interest rates and likely signal further strength in the greenback, not the best news for dollar traded commodities such as crude oil. Yesterday, as can be seen above, oil rallied only to be kicked back down after hours by the API invento... Wednesday, December 16, 2015

Halliburton and Baker Hughes provide update regarding DOJ review

Halliburton Company (NYSE: HAL) and Baker Hughes Incorporated (NYSE: BHI) today announced that they expect that their timing agreement with the Antitrust Division of the U.S. Department of Justice (DOJ) will expire without reaching a settlement or the DOJ initiating litigation at this time to block ... Wednesday, December 16, 2015

Rig counts continue to fall according to Baker Hughes

Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website. BHI Rig Count: U.S. -28 to 709 rigs U.S. Rig Count is down 28 rigs from last week to 709, with oil rigs down 21 to 524, and gas rigs down 7 to 185. U.S. Rig Count is down 1,184 rigs from last year at ... Monday, December 14, 2015

Baker Hughes announces November 2015 rig counts

Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for November 2015 was 1,109, down 2 from the 1,111 counted in October 2015, and down 215 from the 1,324 counted in November 2014. The international offshore rig count for November 2015 was 259, down 11 from the 27... Tuesday, December 8, 2015
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