Posts Tagged ‘baker’
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Baker Hughes 3rd-quarter net falls 60% on lower-than-expected international activity

by on October 19, 2012 1:29 pm GMT
 Baker Hughes 3rd-quarter net falls 60% on lower-than-expected international activityBY MELODIE WARNERHOUSTON -- Baker Hughes third-quarter earnings fell 60% as lower international activity contributed to the oilfield services company's revenue missing consensus estimates."Our margins were impacted by the well-known imbalance in the North American pressure

Baker Hughes’ AutoTrak systems drill two million feet

by on October 8, 2012 9:47 am GMT
Baker Hughes’ AutoTrak systems drill two million feetHOUSTON – The Baker Hughes AutoTrak Curve rotary steerable system has drilled more than two million feet in unconventional shale plays in only 18 months since the first test wells and six months since the system’s official commercial launch.The convincing pick-up in

Global rig count falls 5.5% in September

by on October 5, 2012 11:11 am GMT
Baker Hughes said 3469 rigs were active last month compared to 3662 in September 2011 and 3490 in August 2012.The United States had 51 offshore rigs active compared to only 32 this time last year, a 59% increase, but a fall in land rigs meant the overall country count was down.Canada had 40 more active rigs

Rich bags top Parker prize

by on September 24, 2012 12:41 pm GMT
Ex-Baker Hughes man Gary Rich has scooped the top job at Parker Drilling as interim chief executive Robert Parker has stepped aside.The former vice president of global sales at services giant Baker Hughes has been named both chief executive and president of the Houston-based company.Houston resident