je.st

Home › crude

Tag: crude

UPDATE 1-U.S. oil drillers add rigs despite crude price collapse-Baker Hughes

2015-07-25 10:33:49| Oil & Gas - Topix.net

U.S. oil producers added 21 oil rigs in the past week, the most in over a year, data showed on Friday, suggesting that drillers were moving more aggressively than expected, just before crude prices' latest dive down. Oil producers, who cut rigs in the face of falling prices late last year, began to add rigs back in the week ending July 2, oil services company Baker Hughes Inc said in its closely followed report.

Tags: add price update oil

Rig count swings up despite falling crude oil prices

2015-07-25 02:04:25| Oil & Gas - Topix.net

The commodity price for crude oil has dropped to nearly $48 per barrel this week. However, the number of active drilling rigs actually experienced an across-the-board increase.

Tags: prices count oil falling

Halliburton Profit Falls as Crude Crash Slows Oilfield Work

2015-07-21 07:35:19| Oil & Gas - Topix.net

Halliburton, the second-largest oilfield services provider, is looking to sell assets to win regulatory approval for its acquisition of rival Baker Hughes Inc., valued at $34.6 billion when it was announced. Halliburton Co.'

Tags: work falls profit crash