As traders continue in their attempts to push natural gas futures prices north of $8/Mcf, Baker Hughes reported Friday that the number of oil and natural gas rotary rigs in the United States actively drilling on land and in U.S. waters remained flat from the previous week at 1,747 while Canadian rigs climbed by eight to 89.
Baker
Articles from Baker
Williams to Handle Production Capacity from Deep-Water Giant
Williams was selected last week by a consortium of deep-waterGulf of Mexico producers to handle about 500 MMcf/d of gasproduction that is scheduled to come on stream in mid-2002. Toaccommodate the projected volumes, Williams will build, operate andown the Canyon Station, a production handling platform in the EastMain Pass area south of Mobile Bay.
November 20, 2000
People
Baker Hughes announced that Michael E. Wiley, 49, will becomeits chairman of the board, president, and chief executive officeron Aug. 14. The appointment concludes the company’s search for anew chief executive, which began in February. Wiley was presidentand chief operating officer of Atlantic Richfield Company (ARCO)until completion of its sale to BP Amoco in May. Previously, heserved as CEO of Vastar Resources.
July 20, 2000
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