Baker

Haynesville, Marcellus/Utica Seen Most Susceptible to Rig Departures

Haynesville, Marcellus/Utica Seen Most Susceptible to Rig Departures

Analysts at U.S. Capital Advisors on Thursday published a 78-page slide deck outlining their views on the year ahead, including what’s in store for drilling activity across the various plays. Among other things, the analysts looked at operator debt burdens by play as a potential signal for where things are heading.

January 8, 2016
No Fireworks in Last Rig Count of 2015

No Fireworks in Last Rig Count of 2015

The United States saw two oil-directed rigs and no natural gas units leave the hunt in the final rig count of 2015, according to Baker Hughes Inc.

December 31, 2015
U.S. NatGas Rig Count at Lowest on Record

U.S. NatGas Rig Count at Lowest on Record

The U.S. rig count fell again in the report released by Baker Hughes Inc. on Wednesday (Dec. 23), two days earlier than usual to accommodate the Christmas holiday.

December 23, 2015
U.S. Drops Three Oil, Six NatGas Rigs

U.S. Drops Three Oil, Six NatGas Rigs

The U.S. rig count fell again in the report released by Baker Hughes Inc. on Wednesday (Dec. 23), two days earlier than usual to accommodate the Christmas holiday.

December 23, 2015

Halliburton-Baker Hughes Merger In Jeopardy After Failing to Satisfy DOJ

Halliburton Co. and Baker Hughes Inc. said Tuesday they now are uncertain that their merger will be completed because a timing agreement with the antitrust division of the Department of Justice (DOJ) is going to expire before reaching a settlement.

December 15, 2015

U.S. Rig Count Down Seven; Permian Drops Most

The tally of rigs plying unconventional basins held mostly steady from one basin to the next in the latest weekly census by Baker Hughes Inc. The Permian saw the exit of four rigs, making it the biggest loser for the week ending Friday (Dec. 4).

December 4, 2015

Three NatGas Rigs Return in Latest Tally

The tally of rigs plying U.S. natural gas plays is off 44% from one year ago, and that’s with a slight uptick of three units in the latest rig census by Baker Hughes Inc. for the week ending Friday (Dec. 4).

December 4, 2015

Major Shareholder Confident Halliburton-Baker Merger on Track

A San Francisco-based activist hedge fund, which holds considerable stakes in Halliburton Co. and Baker Hughes Inc., told investors that it expects the mega-merger to be finalized because the partners are willing to do whatever it takes to achieve antitrust compliance.

November 25, 2015

Rig Count Continues Slide in U.S.; Canada Sees Rare Uptick

The rig count for the shortened Thanksgiving holiday week ending Nov. 25 was down in most domestic unconventional plays and across the United States, but Canada experienced a rare uptick in its rig numbers, according to Baker Hughes Inc.

November 25, 2015

U.S. Rig Decline Continues; Canada Reverses Course, Adding 18 Rigs

The rig count for the shortened Thanksgiving holiday week ending Nov. 25 was down in most domestic unconventional plays and across the United States, but Canada experienced a rare uptick in its rig numbers, according to Baker Hughes Inc.

November 25, 2015
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