Baker Hughes

The U.S. natural gas rig count fell one unit to 75 for the week ending Friday (July 10), while more losses in the oil patch ensured that the combined domestic tally would extend a months-long slide, the latest numbers from Baker Hughes Co. (BKR) show. After the departure of four oil-directed rigs in the United…

With U.S. producers now shutting in wells across the United States, the natural gas markets are likely to improve as the decline in associated production from oil “could lift North American prices sooner than previously thought,” Baker Hughes Co. CEO Lorenzo Simonelli said Wednesday.

The expansion worldwide in global liquefied natural gas (LNG) demand and growing international oil and gas services helped lift the second quarter performance of Baker Hughes, a GE company (BHGE).

Domestic oil and natural gas producers dropped six land rigs as of Wednesday (Nov. 21) from a week earlier, but gains in Canada and the Gulf of Mexico lifted the overall North American count by four, according to data compiled by Baker Hughes, a GE Company (BHGE).

The U.S. rig count grew by four to 1,067 for the week ended Friday (Oct. 19), driven by gains in oil drilling and featuring a sharp uptick in Texas, according to data from Baker Hughes, a GE Company (BHGE).

Three natural gas rigs packed up shop in the United States for the week ended Friday as overall domestic drilling activity pulled back, according to data from Baker Hughes Inc. (BHI).

The United States dropped one natural gas-directed rig as an uptick in oil activity led to a small increase in Baker Hughes Inc.’s tally for the week ended Friday.

Having enjoyed consistent growth since 2016, the U.S. rig count has leveled off in recent weeks, a trend that continued for the week ended Friday as Baker Hughes Inc.’s (BHI) domestic tally increased by two units overall, including gains in the Marcellus Shale and Permian Basin.

One year after General Electric Co. (GE) combined its estimable oilfield services business with Baker Hughes Inc., the company is working to secure oilfield business in an increasingly competitive market, a strategy that appeared to pay dividends during the second quarter.