Slowdown

Liberty Oilfield Says U.S. E&Ps Slowing Annual Activity Earlier than Usual

Denver-based Liberty Oilfield Services Inc., which provides completions services across North America’s onshore, saw headwinds begin to strengthen midway through the third quarter, with the usual year-end slowdown by customers beginning earlier than usual.

October 31, 2019

Schlumberger, Baker Forecast Gloomy 4Q Results

Schlumberger Ltd. and Baker Hughes Inc. both expect fourth quarter profits to be lower than anticipated, in part because of a slowdown in North American drilling activity.

December 24, 2012

Drilling Downturn Impacts North American Oilfield Sector

Schlumberger Ltd. and Baker Hughes Inc. said they plan to report lower-than-expected profits for the final quarter of 2012 because of a slowdown in North American drilling activity and overcapacity in pressure pumping services.

December 19, 2012

Schlumberger, Baker Forecast Gloomy 4Q Results

Schlumberger Ltd. and Baker Hughes Inc. both expect fourth quarter profits to be lower than anticipated, in part because of a slowdown in North American drilling activity.

December 19, 2012

Marcellus Infrastructure Slowdown to Slice NatGas Gains, FBR Says

An infrastructure development slowdown across the Marcellus Shale region over the next 12 months will sharply reduce the rate of production growth, to 1.3 Bcf/d from growth of 2.3 Bcf/d in the last 12 months, according to FBR Capital Markets.

December 3, 2012

Marcellus Pipes Crunch Levels Off Production Boom

An infrastructure development slowdown across the Marcellus Shale region over the next 12 months will sharply reduce the rate of production growth, to 1.3 Bcf/d from growth of 2.3 Bcf/d in the last 12 months, according to FBR Capital Markets.

December 3, 2012

Fracking Market Still Strong, but Won’t Match 2011

The global market for hydraulic fracturing (fracking) services continues to grow at a double-digit pace but not nearly as much as in 2011 since natural gas prices have begun to discourage exploration, according to a survey by Spears & Associates Inc.

January 24, 2012

U.S. Chemicals Sector Strengthens on New Gas Supplies

Despite a slowdown in the U.S. economic recovery, the outlook for the U.S. chemicals manufacturing industry is more encouraging because of low natural gas prices and abundant gas reserves, according to the American Chemistry Council (ACC).

December 19, 2011

Natgas Prices, Shale Give Chemicals Industry ‘Competitive Advantage’

Despite a slowdown in the U.S. economic recovery, the outlook for the U.S. chemicals manufacturing industry is more encouraging, according to the American Chemistry Council (ACC).

December 14, 2011

Baker Hughes: Service Intensity Per Rig Increasing

Driven by sustained intensity in the U.S. onshore and a slow recovery in the Gulf of Mexico (GOM), the domestic rig count should average 1,850 in 2011, which would be 20% higher than in 2010, Baker Hughes Inc. said Monday.

July 26, 2011
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