U.S. Drilling Rig Count Rises by 6 - Analyst Blog
Nilanjan Choudhury - Zacks Investment Research - 2 hrs 52 mins ago
Number of rigs searching for oil and gas in U.S. was up by 6 from the previous week to 1,861.
1 Oil Services Stock to Avoid and 2 Better Alternatives
Adam Galas, The Motley Fool - Motley Fool - Mon May 19, 11:01AM CDT
As the world's population and economy grow so does its thirst for energy, specifically oil. A recent study by Morgan Stanley and Rystad Energy estimated that global oil demand by 2035 will likely rise to over 100 million barrels per day, up from...
Cameron International vs National Oilwell Varco -- Which Should You Pick?
Rupert Hargreaves, The Motley Fool - Motley Fool - Mon May 19, 9:57AM CDT
Cameron International and National Oilwell Varco are the market's most watched oil service companies. Both companies produce equipment for the offshore and onshore drilling industries, and their earnings and outlooks are often considered to be...
Schlumberger Introduces Industry-First Reservoir Mapping-While-Drilling Service
Business Wire - Mon May 19, 12:00AM CDT
Schlumberger announced today the introduction of the GeoSphere* reservoir mapping-while-drilling service. The new technology reveals features in subsurface beddings and fluid contacts at the reservoir scale to optimize well landing operations, steering capabilities and mapping of multiple boundaries using new deep-directional resistivity measurements enabled by proprietary real-time interpretation techniques.
National Oilwell Varco Inc's Future Is Bright
Rupert Hargreaves, The Motley Fool - Motley Fool - Sun May 18, 9:14AM CDT
When National Oilwell Varco released its first quarter earnings report last week, the market didn't like what it saw. National Oilwell Varco's stock slumped following the report as investors panicked over the fact that the company was expecting...
Baker Hughes Inc: Innovation, Integration, and Interdependence
Jan-e- Alam, The Motley Fool - Motley Fool - Sat May 17, 2:37PM CDT
Baker Hughes' (NYSE: BHI) management is setting the company up for long-term outperformance. The company recently hosted its annual analyst conference and highlighted the key drivers of the company's growth strategy. It also highlighted several...
Stock Market News for May 16, 2014 - Market News
Zacks Equity Research - Zacks Investment Research - Fri May 16, 9:06AM CDT
Benchmarks suffered their worst losses in five weeks on Thursday, dragged down by declines in small-cap stocks and Wal-Mart’s disappointing numbers
Schlumberger Falls 1.23% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Thu May 15, 3:48PM CDT
Schlumberger (NYSE:SLB) traded in a range yesterday that spanned from a low of $98.34 to a high of $100.36. Yesterday, the shares fell 1.2%, which took the trading range below the 3-day low of $99.76 on volume of 6.6 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
Research and Markets: Global Drilling Waste Management Market 2014-2018: Baker Hughes Inc., Halliburton Co., Schlumberger Ltd., Scomi Group Bhd & Weatherford International Ltd Dominates
Business Wire - Thu May 15, 10:50AM CDT
Research and Markets (http://www.researchandmarkets.com/research/dk5s6x/global_drilling) has announced the addition of the "Global Drilling Waste Management Market 2014-2018" report to their offering.
Global Drilling Waste Management Market 2014-2018: Baker Hughes Inc., Halliburton Co., Schlumberger Ltd., Scomi Group Bhd & Weatherford International Ltd Dominates
M2 - Thu May 15, 8:57AM CDT
Research and Markets (http://www.researchandmarkets.com/research/s525kn/global_drilling) has announced the addition of the "Global Drilling Waste Management Market 2014-2018" report to their offering. The Global Drilling Waste Management market will grow at a CAGR of 13% to 2018 Drilling waste management helps reduce the environmental impact of oil and gas drilling. Drilling waste management focuses on both environmental protection and cost-effectiveness by recycling the usable waste from drilling. The first step of drilling waste management is to separate solid waste from drilling fluids. After the solid waste has been removed from drilling fluids then a variety of technologies and practices can be used to manage the waste generated from drilling. Over the years, there has been a tremendous increase in technological advancements that has led to the reduction of waste generated from drilling. These technological advancements include cuttings slurrification and re-injection, de-watering, water treatment, vacuum collection, and cuttings drying. Also, market vendors are increasing their investments in R&D, which in turn is reducing the time in waste collection, treatment, and disposal. Therefore, rapid technological advancements are expected to propel the growth of the Global Drilling Waste Management market during the forecast period. According to the report, the growth of the Global Drilling Waste Management market is driven by several factors, including increasing concerns over the environment. An increase in drilling activities worldwide has raised environmental concerns; therefore, there is a rise in the adoption of various waste management services. This is expected to propel the growth of the market during the forecast period. Further, the report states that drilling waste management requires high investments for the purchase of facilities and heavy equipment, which increases the overall cost of the drilling waste project. This could have a negative impact on the market growth rate during the forecast period. Key Vendors - Baker Hughes Inc. - Halliburton Co. - Schlumberger Ltd. - Scomi Group Bhd - Weatherford International Ltd. Other Prominent Vendors - Augean plc - Derrick Corp. - GN Solids Control Co. Ltd. - Imdex Ltd. - Kosun Group - National Oilwell Varco Inc. - Newalta Corp. - Ridgeline Energy Services Inc. - Secure Energy Services Inc. - Soiltech AS - Soli-Bond Inc. - Specialty Drilling Fluids Ltd. - Step Oil Tools LLC - Tervita Corp. For more information visit http://www.researchandmarkets.com/research/s5...l_drilling
Global Well Intervention Services Market 2014-2018: Aker Solutions ASA, Baker Hughes Inc., and Schlumberger Ltd. Dominates the Industry
M2 - Tue May 13, 8:07AM CDT
Research and Markets (http://www.researchandmarkets.com/research/3sp2jt/global_well) has announced the addition of the "Global Well Intervention Services Market 2014-2018: Aker Solutions ASA, Baker Hughes Inc., and Schlumberger Ltd. Dominate the Industry" report to their offering. The Global Well Intervention Services market to grow at a CAGR of 11% to 2018 The increasing industrialization of developing countries, mainly in the APAC region, such as India and China, is driving the demand for energy. This is one of the major drivers in this market. The Well Intervention industry has always had the challenging task of optimizing the production of energy. The key players in the industry have resorted to various innovative mechanisms in order to meet the objective, including minimizing in-hole well time by deployment of multi-purpose tool strings, which has created significant cost advantages to the Well Intervention Services industry. The industry is widely adopting multi-data collection instruments and systems that provide precise information about the health of the well, such as the overall oil reserve content, and the geological characteristics of the terrain. However, intervention service providers need to focus on the integrity and functionality of this cost-intensive equipment as it is largely used remotely. The increasing adoption of multi-data collection instruments and systems is expected to favor the Global Well Intervention Services market during the forecast period. Further, the report states that one of the major challenges in the market is the aging shallow water oil reserves. The cost of technological expertise and equipment needed to manage deep water greenfield wells is high and prohibits many well intervention service vendors from carrying out their intervention plans. Key vendors dominating this space are: - Aker Solutions ASA - Baker Hughes Inc - Schlumberger Ltd. Other vendors mentioned in the report are: - Archer Well Company, Inc - EXPRO International Group Holdings Ltd - Halliburton Energy Services Co - Helix Energy Solutions Group Inc. - Weatherford International Ltd. For more information visit http://www.researchandmarkets.com/research/3s...lobal_well
Quarterly Earnings Release, Settlement Agreement, Endowment Program, Upcoming Event, and Recognition - Analyst Notes on Gulfport, Chevron, ConocoPhillips, Schlumberger and Halliburton
PR Newswire - Tue May 13, 6:30AM CDT
Today, Analysts Review released its analysts' notes regarding Gulfport Energy Corporation (NASDAQ: GPOR), Chevron Corporation (NYSE: CVX), ConocoPhillips (NYSE: COP), Schlumberger Limited (NYSE: SLB) and Halliburton Company (NYSE: HAL). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/2373-100free.
Balanced View on Schlumberger - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon May 12, 6:10PM CDT
We have maintained our Neutral recommendation on Schlumberger Limited (SLB) on May 5, 2014.
Swift Appoints Rodney F. Nelson As Non-Executive Board Member
PR Newswire - Mon May 12, 5:47PM CDT
Swift Worldwide Resources, a leading oil and gas recruitment provider globally, is pleased to announce the addition of Rodney F. Nelson as a Non-Executive Board Member. A 34-year energy industry veteran, Rod joined Schlumberger in 1980 as a wireline engineer and has served as a Corporate Officer and Vice President. Rod's management roles at Schlumberger have ranged across the business and across the world including global line management, R&E, marketing, and government relations.
Fast Growth, Relative Strength At Matrix Service Company
at Investor's Business Daily - Mon May 12, 4:59PM CDT
Energy stocks, from oil and gas producers to equipment makers to pipeline firms, have been making their presence felt in Stock Spotlight for several weeks now. Matrix Service (MTRX) is a little-known name in IBD's Oil & Gas-Field Services group. It's...
Ensco Appoints New CEO to Board - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon May 12, 2:30PM CDT
Ensco plc (ESV) announced the appointment of Carl Trowell as the Chief Executive Officer, President as well as to the board of directors.
Jim Cramer's Stop Trading: Don't Sell These Oil Stocks
at The Street - Mon May 12, 10:31AM CDT
TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio, said investors should not sell quality oil stocks due to Core Laboratories' disappointing earnings result.
Weatherford International Ltd: Cutting Revenue in Order to Grow Margins
Mark Holder, The Motley Fool - Motley Fool - Mon May 12, 9:31AM CDT
Shares of Weatherford International Ltd surged to multi-year highs following the news of a solid quarter. The oilfield services firm has long been pressured by disappointing results and struggling operations, but the management team might finally...
Logan International Reports Changes in Executive Management
Marketwire - Fri May 09, 3:52PM CDT
Logan International Inc. (TSX: LII) ("Logan" or the "Company"