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Stock Market & Financial Investment News

News Breaks
March 19, 2013
09:36 EDTBHIBaker Hughes CEO sees $17B opportunity from ultra-deepwater wells
Baker Hughes' CEO Martin Craighead said the company has identified 10 customers that intend to collectively drill almost 300 ultra-deepwater wells over the next eight to ten years, which represents a $17B opportunity. The CEO added certain ultra-deepwater projects require up to a half a million pounds of proppant and "there are only two vessels in the world that can handle two and a half million pounds of proppant, and they belong to Baker Hughes." Craighead also said the company sees the potential for its synthetic gels to replace guar in drilling.
News For BHI From The Last 14 Days
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July 2, 2015
13:03 EDTBHIBaker Hughes reports U.S. rig count up 3 to 862
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13:04 EDTBHIBaker Hughes reports U.S. rig count up 2 to 859
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June 25, 2015
07:35 EDTBHIBaker Hughes volatility low into Haliburtonís expected closing of purchase
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07:08 EDTBHIHalliburton volatility low into expected closing of Baker Hughes acquisition
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June 24, 2015
17:57 EDTBHIWall Street applauds Senate giving go-ahead for 'fast track' trade powers
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07:19 EDTBHIU.K. panel to decide on first fracking in area since 2011, WSJ reports
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June 19, 2015
13:04 EDTBHIBaker Hughes reports U.S. rig count down 2 to 857
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06:02 EDTBHIAker Solutions and Baker Hughes to cooperate on early-phase oil and gas studies
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