A pullback in the Gulf of Mexico from exploration to development, as well as a dramatic decline in onshore activity, could push a recovery in North American activity to the end of the year or later, Schlumberger Ltd. CEO Paal Kibsgaard said Friday.
North
Articles from North
‘Visibility Remains Limited’ For North America’s Onshore, Says Schlumberger CEO
The North American rig count may be near a bottom, but it could be months before land operations show any signs of improvement, Schlumberger Ltd. CEO Paal Kibsgaard said Friday.
Oil/Gas Industry Challenges News Report on Bakken Worker Safety
The PBS Newshour Wednesday aired a report from a nonprofit investigative broadcast organization that alleged that Bakken Shale producers and operators are allowing unsafe working conditions that have resulted in up to 70 oilfield deaths over the past 10 years.
Oil/Gas Industry Challenges News Report on Bakken Worker Safety
The PBS Newshour Wednesday aired a report from a nonprofit investigative broadcast organization that alleged that Bakken Shale producers and operators are allowing unsafe working conditions that have resulted in up to 70 oilfield deaths over the past 10 years.
North Dakota AG: BLM Fracking Rule Could Cost State Millions
Hundreds of millions of dollars could be lost to North Dakota, depending upon the outcome of a hearing on whether to delay implementation of the federal Bureau of Land Management's (BLM) hydraulic fracturing rule in the U.S. District Court for the District of Wyoming later this month, state Attorney General Wayne Stenehjem said. He plans to attend the court proceeding in Casper, WY, June 23.
North Dakota AG: BLM Fracking Rule Could Cost State Millions
Hundreds of millions of dollars could be lost to North Dakota, depending upon the outcome of a hearing on whether to delay implementation of the federal Bureau of Land Management’s (BLM) hydraulic fracturing rule in the U.S. District Court for the District of Wyoming later this month, state Attorney General Wayne Stenehjem said. He plans to attend the court proceeding in Casper, WY, June 23.
Apache’s North American Rig Count Down 77% Since Start of Year
Houston-based Apache Corp. continued to dial back activity dramatically during the first quarter in North America's onshore, with the rig count falling from 65 since the end of 2014 to 15 on March 31, down 77%.
Apache’s North American Rig Count Down 77% Since Start of Year
Houston-based Apache Corp. continued to dial back activity dramatically during the first quarter in North America’s onshore, with the rig count falling from 65 since the end of 2014 to 15 on March 31, down 77%.
Baker Hughes Lays Off More People, Closes 140 Facilities Worldwide
Baker Hughes Inc. has laid off more people than anticipated and closed 140 facilities worldwide to cope with the downturn in oilfield services. "Unfavorable market conditions" are expected to persist, CEO Martin Craighead said Tuesday.
Baker Hughes Lays Off More People, Closes 140 Facilities Worldwide
Baker Hughes Inc. has laid off more people than anticipated and closed 140 facilities worldwide to cope with the downturn in oilfield services. “Unfavorable market conditions” are expected to persist, CEO Martin Craighead said Tuesday.