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Gulf of Mexico

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  1. Diamond Offshore Contracts Newbuilds and Scraps Six Vessels in Q3; Fair Value Unchanged

    Commentary

    Fri, 24 Oct 2014

    were very close to setting a new bottom in this latest day rate cycle. Fortunately, they will be deployed in the Gulf of Mexico , where operating costs are far lower than other regions, and the company should still be able to generate positive

  2. Chevron unveils deepwater Gulf of Mexico oil discovery

    Headlines

    Thu, 23 Oct 2014

    Chevron unveils deepwater Gulf of Mexico oil discovery

  3. NHC says 40 percent chance of cyclone in southern Bay of Campeche

    Headlines

    Tue, 21 Oct 2014

    (Reuters) - A low-pressure system over the southern Bay of Campeche in the Gulf of Mexico has 40 percent chance of becoming a tropical cyclone during the next 48 hours while it moves eastward toward the western coast

  4. Baker Hughes: Buy The Dip

    Headlines

    Mon, 20 Oct 2014

    of $1.13. Devaluation of the Russian ruble, activity disruptions in Iraq and Libya, and activity delays in the Gulf of Mexico [GoM] all contributed to lower than expected results. Baker Hughes missed the quarter largely due to factors that

  5. Is BP A Bargain?

    Headlines

    Sat, 18 Oct 2014

    petroleum, petrochemical products and related services. The company has undergone a significant transformation since the Gulf of Mexico oil spill in 2010. It has had to sell assets valued at around $38 billion in order to fund its very large liabilities

  6. Chevron drillship ready for action in deepwater Gulf of Mexico

    Headlines

    Fri, 17 Oct 2014

    A fifth Chevron (NYSE: CVX ) drillship has arrived in the deepwater Gulf of Mexico , as newbuild ultra-deepwater drillship Pacific Sharav will start work for CVX under a contract with Pacific Drilling (NYSE

  7. Hornbeck Offshore Services: What Pirated Its Value?

    Headlines

    Fri, 17 Oct 2014

    the off-shore drilling industry, primarily in the Gulf of Mexico . Deepwater drilling is a beast unto itself in the oil ..... twenty years since 1993, average well depths in the Gulf of Mexico have doubled. In 1993, the deepest rig depth in the

  8. UPDATE 3-Baker Hughes says clients would rethink projects if oil hits $75

    Headlines

    Thu, 16 Oct 2014

    * Q3 profit misses estimates as weak Gulf of Mexico hits margins

  9. Oil price below $75 may slow spending, Baker Hughes CEO says

    Headlines

    Thu, 16 Oct 2014

    is scheduled to release quarterly results after today's close. Earlier : Baker Hughes misses estimates on weaker Gulf of Mexico drilling activity. ETFs: USO , OIL , UCO , OIH , SCO , BNO , DTO , DBO , CRUD , USL , UWTI , DNO , DWTI , SZO , OLO

  10. Baker Hughes misses estimates on weaker Gulf of Mexico drilling activity

    Headlines

    Thu, 16 Oct 2014

    Y/Y but missed estimates, as political tensions in Libya and Iraq plus a sharp fall in drilling activity in the Gulf of Mexico weighed on margins. Q3 pre-tax profit margins in its operations in Europe, Africa and the Russia Caspian region

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