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March 26, 2014
05:40 EDTBHI, CGGBaker Hughes, CGG SA sign exclusive long-term RoqSCAN agreement
CGG SA (CGG) announced that it has signed an exclusive agreement with Baker Hughes (BHI) for RoqSCAN technology offered by CGG. RoqSCAN is a real-time, fully portable, quantitative and automated rock properties and mineralogical analyzer. Developed by Robertson, a CGG company, and Carl Zeiss Microscopy Ltd., RoqSCAN delivers highly quantitative compositional and textural mineralogical data from drilling cuttings or core pieces, revealing the mineralogical DNA of the reservoir. This service can be provided at the wellsite during drilling operations, or later in core stores, field offices and laboratories. Baker Hughes will include RoqSCAN in its shale reservoir evaluation services as part of the Shale Science Alliance with CGG. The agreement further strengthens the strategic relationship between the two companies, which is designed to help operators better understand shale plays and predict "sweet spots" based on the combination of seismic attributes and accurate wellbore measurements.
News For BHI;CGG From The Last 14 Days
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October 30, 2014
10:02 EDTCGGOn The Fly: Analyst Initiation Summary
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06:58 EDTCGGCGG SA initiated with an Underweight at JPMorgan
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October 28, 2014
05:36 EDTCGGCGG SA, BP announce R&D agreement
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October 24, 2014
13:06 EDTBHIBaker Hughes reports U.S. rig count up 9 to 1927
Baker Hughes says the U.S. Rig Count is up 9 rigs from last week to 1927, with oil rigs up 5 to 1595, gas rigs up 4 to 332, and miscellaneous rigs unchanged at 0. Says the U.S. Rig Count is up 189 rigs from last year at 1738, with oil rigs up 238, gas rigs down 44, and miscellaneous rigs down 5. The U.S. Offshore rig count is 55, down 2 rigs from last week, and down 7 rigs year over year.
October 20, 2014
05:25 EDTCGGCGG SA downgraded to Sell from Neutral at Goldman
October 17, 2014
13:03 EDTBHIBaker Hughes reports U.S. rig count down 12 from last week to 1918
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08:26 EDTBHICredit Suisse says its time to buy Baker Hughes
Credit Suisse believes Baker Hughes shares are "washed out" and believes its time to buy shares. The analyst is confident it can hit Q4 consensus EPS estimate of $1.26 given strength in pumping and any improvement in the Gulf of Mexico. Shares are Outperform rated with an $81 price target and $97 price target.
07:34 EDTBHIBaker Hughes maintains positive outlook despite uncertainty, says UBS
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