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Latest Baker Hughes News

  1. Weekly US Oil, Gas Rig Count Down by 3 to 1,983

    Fri, 25 May 2012

    983. Houston-based oilfield services company Baker Hughes Inc . reported Friday that 1,383 rigs were exploring were listed as miscellaneous. A year ago this week, Baker Hughes reported 1,847 rigs. Of the major oil- and gas

  2. Weekly US Oil, Gas Rig Count up by 12 to 1,986

    Fri, 18 May 2012

    986. Houston-based oilfield services company Baker Hughes Inc . reported Friday that 1,382 rigs were exploring were listed as miscellaneous. A year ago this week, Baker Hughes reported 1,830 rigs. Of the major oil- and gas

  3. Investing: Can I profit from rising gas prices?

    Thu, 23 Feb 2012

    talking U.S. production. There are 1,272 oil rigs drilling in the U.S., vs. 798 a year earlier, according to Baker Hughes . The U.S. produced 8.88 million barrels of oil per day at the end of January, says the EIA, vs. 8.27 million a

  4. US Rig Count up by 39 This Week

    Fri, 12 Aug 2011

    oil and natural gas in the U.S. increased by 39 this week to 1,959. Houston-based drilling product provider Baker Hughes Inc . reported Friday that 1,055 rigs were exploring for oil and 896 for natural gas. Eight were listed as miscellaneous

  5. US Oil and Natural Gas Rig Count up by 12

    Fri, 5 Aug 2011

    oil and natural gas in the U.S. increased by 12 this week to 1,920. Houston-based drilling product provider Baker Hughes Inc . reported Friday that 1,031 rigs were exploring for oil and 883 for natural gas. Six were listed as miscellaneous

  6. Sector Snap: Oilfield Services

    Thu, 4 Aug 2011

    98, 5.6 percent, to $50.08; National Oil Varco Inc. lost $5.21, or 6.7 percent, to $72.37; Baker Hughes Inc ., fell $3.65, or 5.1 percent, to $68.17; and Cameron International Corp. fell $2.15, or 4.1 percent

News

  1. US Oil and Natural Gas Rig Count up by 1

    Fri, 8 Jul 2011

    for oil and natural gas in the U.S. rose by one this week to 1,887. Houston-based drilling product provider Baker Hughes Inc . reported Friday that 1,007 rigs were exploring for oil and 873 for natural gas. Seven were listed as miscellaneous

  2. Flood Recovery in Minot: Painstaking but Possible

    Sun, 3 Jul 2011

    recently developed "energy park" already is hosting three major oilfield services companies, Houston-based Hallliburton and Baker Hughes and Pure Energy Services USA Inc., whose parent company is based in Calgary, Alberta. Chavez said he has been talking

  3. US Oil and Natural Gas Rig Count Shoots up 22

    Fri, 24 Jun 2011

    for oil and natural gas in the U.S. rose by 22 this week to 1,882. Houston-based drilling product provider Baker Hughes Inc . reported Friday that 1,003 rigs were exploring for oil and 873 for natural gas. Six were listed as miscellaneous

  4. US Rig Count Rises by 1 to 1,855

    Fri, 10 Jun 2011

    for oil and natural gas in the U.S. rose by one this week to 1,855. Houston-based drilling product provider Baker Hughes Inc . reported Friday that 969 rigs were exploring for oil and 879 for natural gas. Seven were listed as miscellaneous

  5. U.S. stocks fall after sell-off in Asia

    Mon, 31 Aug 2009

    Disney Co. said it plans to buy Marvel Entertainment for $4 billion in cash and stock, while oilfield services company Baker Hughes said it will buy BJ Services in a cash-and-stock deal valued at $5.5 billion. Investors also looked past a report

  6. Baker Hughes to buy rival in oilfield services for $5.5B

    Mon, 31 Aug 2009

    Oilfield services company Baker Hughes said Monday that it will buy BJ 75 million in cost savings for Baker Hughes bhi in 2010 and $150 million to earnings per share in 2011. Baker Hughes Chairman, President and CEO Chad

  7. US stocks fall after sell-off in Asia

    Mon, 31 Aug 2009

    worries to rest." Two big deals: between Walt Disney Co. and Marvel Entertainment, and oilfield services companies Baker Hughes and BJ Services did little to support the market. Germany's DAX index and France's CAC-40 were down 0.8% in afternoon

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