6 Articles
6 Articles
US Oilfield Giants Brace for Tough Times as Price Slide Rattles Producers - Energy News, Top Headlines, Commentaries, Features & Events
(Reuters) – Top U.S. oilfield service firms have signaled a challenging period ahead as a recent slide in oil prices pushes producers to temper their drilling activity and rethink their budgets. SLB, Halliburton, and Baker Hughes all flagged cautious customer spending in their first-quarter reports, citing a lack of visibility, especially in North America. Higher ...
Baker Hughes US rig count down 3 at 584 - May 11, 2025
Baker Hughes' U.S. rotary drilling rig count was 584 on May 2, down by three from the previous week, down by 21 from 605 a year ago and down by one from two weeks ago. Over the last eight weeks the rig count was up in three weeks, down in four and unchanged in one with a combined loss of 13 against...
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