Oilfield services giant Schlumberger Ltd. apparently is close to completing a transaction to buy Houston-based Smith International Inc., which is one of the largest drillbit producers in the world.
Drillbit
Articles from Drillbit
E&Ps Seen ‘More than Willing’ to Up Drillbit, M&A Spending
Exploration and production (E&P) companies appear “more than willing” to continue investing this year in the drillbit and in acquisitions, according to an informal survey by Raymond James & Associates energy analysts.
February 12, 2007
Southwestern Relishing its Fayetteville Head Start
The checkbook will always be a quick and handy tool for growing reserves, and big M&A deals will always garner headlines. But it’s organic growth through the drillbit that keeps the whole thing going. An example would be what Southwestern Energy has cooking in the Fayetteville Shale, an up and coming unconventional gas play the company pioneered.
June 28, 2006
NGI The Weekly Gas Market Report
It’s an Embarrassment of Riches for Major Producers
Most consumers pick up a gas pump nozzle about once a week, but they never see a drillbit. That’s a problem if you’re an energy company holding a bag of money during a period of near-record natural gas, oil and gasoline prices.
May 1, 2006
Listen to the latest episode of our newest podcast NGI's Hub and Flow via:
