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Stock Market & Financial Investment News

News Breaks
July 11, 2014
06:10 EDTBHIBaker Hughes reports Q2 U.S. onshore well count up 428 from Q1 to 9,394
Baker Hughes announced that the U.S. onshore well count for Q2 was 9,394 wells, up 428 wells or 5% compared to Q1. Compared to 2Q13, the well count was up 383 wells or 4%. Compared to Q1, the well count increased most notably in the Permian basin, up 265 wells or 11%, Marcellus, up 78 wells or 16%, and Granite Wash, up 31 wells or 23%, basins. This increase was slightly offset by decreases predominantly in the Barnett, down 57 wells or 18%, and Cana Woodford, down 23 wells or 26%. The average US onshore rig count for Q2 1,796 rigs, up 72 rigs or 4% from the Q1 and up 87 rigs or 5% from 2Q13. On average, the US onshore rig fleet produced 5.23 new wells during the quarter, which represents a slight improvement in drilling efficiencies compared to the same quarter in 2013.
News For BHI From The Last 14 Days
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August 28, 2015
13:02 EDTBHIBaker Hughes reports U.S. rig count down 8 to 877
Baker Hughes reported the U.S. rig count is down 8 rigs from last week to 877, with oil rigs up 1 at 675, gas rigs down 9 to 202, and miscellaneous rigs unchanged at 0.
August 26, 2015
12:47 EDTBHIOn The Fly: Top stock stories at midday
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10:57 EDTBHIEuropean oilfield service names boosted by M&A speculation, says JPMorgan
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10:00 EDTBHIOn The Fly: Analyst Upgrade Summary
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09:20 EDTBHIBaker Hughes upgraded to Conviction List from Outperform at Iberia
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August 21, 2015
13:05 EDTBHIBaker Hughes reports U.S. rig count up 1 to 885
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