Baker Hughes

ARTICLES

Offshore Leads Rig Gains as Market Tightening Forecast

The latest tally of rigs from Baker Hughes Inc. (BHI) showed offshore units making a comeback, gaining eight, while the land rig category added just three for a total gain of 11 rigs to 508 active in the United States. Meanwhile, analysts at Societe Generale see oil and natural gas markets tightening. Read More

Louisiana, Offshore Lead Weekly Rig Gains

In a flip from the previous week's rig count, the latest tally from Baker Hughes Inc. (BHI) showed offshore rigs making a comeback, gaining eight units, while the land rig category added just three for a total gain of 11 rigs to 508 active in the United States. Louisiana led the states among gainers, and it's about time. Read More