May 22 (Reuters) - Oil drillers added rigs in two U.S. shale basins this week, data showed on Friday, the strongest sign yet that higher crude prices are coaxing producers back to the well pad after a slump in activity of nearly six months.
May 22 (Reuters) - U.S. drillers cut the number of rigs by just one this week, data showed on Friday, signaling that higher crude prices may be starting to steady the sector after 24 straight weeks of drill rig declines.
* Coming up: Baker Hughes rig count at 1700 GMT (New throughout, updating market activity and comments to U.S. session; changes byline and dateline, previous LONDON)
May 8 (Reuters) - After weeks of idling rigs on slumping crude prices, U.S. oil drillers added rigs to the Permian Basin for the first time this year, industry data showed on Friday.
pivot away from deepwater. The sale of Halliburton's drill bits, directional drilling and logging while drilling businesses as part of the Baker Hughes Merger may well afford another opportunity, as we expect NOV to be among the bidders.
April 21 (Reuters) - Baker Hughes Inc , which is being bought by Halliburton Co for $35 billion, said it expects "unfavorable market conditions" to persist in the second quarter as drillers turn off more rigs, intensifying a glut in oilfield services.
April 21 (Reuters) - Oilfield services provider Baker Hughes Inc , which is in the process of being acquired by Halliburton Co for $35 billion, posted a quarterly loss compared with a year
Shareholders of Baker Hughes ought to be happy they voted in ..... first-quarter earnings release. Baker Hughes posted a 96% sequential drop in ..... continue not to award a moat to Baker Hughes . Second, if Halliburton can close
58, as we now assign a 100% chance that the merger with Baker Hughes will close later this year. The combined firms will create ..... international margin of 12% for the year. Shareholders of Baker Hughes and Halliburton both approved the merger during the first
MELBOURNE, April 21 (Reuters) - Australia's antitrust watchdog on Tuesday began a review of oilfield services firm Halliburton Co's takeover of rival Baker Hughes Inc , aiming to issue a decision or...