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US oil and natural gas rig count drops by 22 to 932

2015-04-24 20:51:11| Oil & Gas - Topix.net

Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by 22 this week to 932 amid depressed oil prices. Houston-based Baker Hughes said Friday 703 rigs were seeking oil and 225 explored for natural gas.

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Oil extends gains on lower U.S. rig count, China stimulus

2015-04-20 09:26:04| Energy - Topix.net

Oil prices rose on Monday, extending last week's gains as a drop in the number of U.S. rigs drilling for crude pointed to lower supply later in the year, while China's latest stimulus measure also underpinned the market. U.S. oil drilling rigs fell for a record 19th straight week to the lowest since 2010, data from Baker Hughes showed on Friday.

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Oil extends gains on lower U.S. rig count, China stimulus

2015-04-20 09:14:59| Oil & Gas - Topix.net

Oil prices rose on Monday, extending last week's gains as a drop in the number of U.S. rigs drilling for crude pointed to lower supply later in the year, while China's latest stimulus measure also underpinned the market. U.S. oil drilling rigs fell for a record 19th straight week to the lowest since 2010, data from Baker Hughes showed on Friday.

Tags: china lower count oil

 

Declining North American Rig Count Weighs On Schlumberger

2015-04-18 21:24:31| Energy - Topix.net

Given that the company receives over 30% of its revenue in North America, its anticipated E&P contraction could further weigh on the stock. Schlumberger reported Q1 revenue of $10.2 billion and eps of $1.06 .

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Declining North American Rig Count Weighs On Schlumberger

2015-04-18 07:18:49| Oil & Gas - Topix.net

Given that the company receives over 30% of its revenue in North America, its anticipated E&P contraction could further weigh on the stock. Schlumberger reported Q1 revenue of $10.2 billion and eps of $1.06 .

Tags: north american count north american

 

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