North

Drilling Recovery in North America Still Months Away, Says Schlumberger Chief

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.

July 17, 2015

‘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.

July 17, 2015

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.

June 25, 2015

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.

June 25, 2015

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.

June 12, 2015

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.

June 12, 2015

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%.

May 7, 2015

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%.

May 7, 2015

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.

April 21, 2015

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.

April 21, 2015