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Stock Market & Financial Investment News

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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.
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August 15, 2014
13:04 EDTBHIBaker Hughes reports U.S. rig count up 5 to 1913 rigs
Baker Hughes announced that the U.S. Rig Count is up 5 rigs from last week to 1913, with oil rigs up 1 to 1589, gas rigs up 5 to 321, and miscellaneous rigs down 1 to 3. Says the U.S. Rig Count is up 122 rigs from last year at 1791, with oil rigs up 192, gas rigs down 67, and miscellaneous rigs down 3. The U.S. Offshore rig count is 62, unchanged from last week, and unchanged year over year.
August 14, 2014
17:41 EDTBHIPoint72 Asset Management gives quarterly update on stakes
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