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Pennsylvania sees no change in rig count but West Virginia dips
www.bizjournals.com

Pennsylvania's rig count remained the same this week but West Virginia's dropped by two and the nationwide tally continued another week of declines, according to Baker Hughes data released Friday afternoon. There were 16 rigs drilling in Pennsylvania …

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Horizontal Land Rig Count Summary 29th April 2016
oilprice.com

The horizontal U.S. land rig count fell 8 to 324 and the total land rig count fell 10 to 391. Tight oil lost 4 rigs–3 in the Eagle Ford and 1 in the Mississippi Lime-Granite Wash. Shale gas lost 5 rigs–2 in the Marcellus and 3 in the Woodford. "Other …

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ARCHER LTD ORD NEW's (ARHVF) CEO John Lechner on Q1 2016 Results – Earnings …
seekingalpha.com

Sign in / Join Now. GO». Market News · Stock Ideas · Dividends · Market Outlook · Investing Strategy · ETFs & Funds · Earnings · PRO … Revenue in Oiltools reduced by 33% with the combination of lower activity in the Gulf of Mexico and Australia …

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Schlumberger cut more jobs in Q1, profit and revenue fell
www.bizjournals.com

In its first-quarter earnings report released April 21, the oil field services giant reported it employs approximately 93,000 people. In its previous earnings report, it reported 95,000 employees as of Dec. 31. However, Schlumberger actually eliminated …

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Legendary Kern lawman finally gets a marker
www.bakersfield.com

Then he turned up as a key figure in the Sunset Oilfield water wars. Though his exploits were regularly covered in newspapers of the day, he fell out of the public's eye and ended his days in obscurity, mining in the Sand Canyon area. When he died in …

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Oil prices move down on profit-taking
www.china.org.cn

Meanwhile, the active U.S. rigs count of this week fell by 11 to 332, continuing losses into a sixth week, oilfield services company Baker Hughes said Friday. The West Texas Intermediate for June delivery fell 11 cents to settle at 45.92 U.S. dollars a …

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North Sea worker strikes loom as contracts tighten
www.telegraph.co.uk

This weekend members of Unite are weighing up whether to accept tougher contract terms from Wood Group, one of the North Sea's largest oilfield services firms, after the group met with unions on Friday. A strike across Wood Group's workforce could …

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Menlo Park pastor allegedly stabbed to death by son in San Leandro apartment
www.mercurynews.com

SAN LEANDRO — A San Leandro man purportedly stabbed to death by his son was identified Saturday as a Menlo Park pastor with deep roots in the community, authorities said. Bishop Teman L. Bostic Sr., 54, was found dead inside his San Leandro …

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San Jose crash: Los Gatos doctor, musician identified as victims in fatal …
www.mercurynews.com

SAN JOSE — A married Los Gatos couple has been identified as the two people killed Saturday night in a vehicle collision in Almaden Valley. Christopher Durbin, 59, and Sandra Morse, 57, died Saturday night following a collision near Camden Avenue and …

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Santa Clara: Man pleads not guilty in shooting death of Nino 'John' Sebrero
www.mercurynews.com

Editor's note: An earlier version of this story online included incorrect information on the status of the case. SANTA CLARA — Hannah Sebrero knew something was wrong when her big brother, Nino "John" Sebrero, didn't answer his cellphone. "I know I'm …

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Overnight storms cause havoc in region
www.news-journal.com

Roads are closed in Gregg County and more than 2,000 are still without power after severe storms overnight moved through the area that spawned reported tornadoes and caused several deaths in the region. The Texas Department of Transportation reported …

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Gabelli Analysts Decrease Earnings Estimates for Oceaneering International (OII)
www.webbreakingnews.com

Oceaneering International, Inc is an oilfield provider of engineered services and products to the offshore oil and gas industry, with a focus on deep water applications. The Company's business segments are contained within two businesses, such as …

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Chevron Corporation Announces Further Job Cuts
www.bidnessetc.com

Among the leading oil and gas integrated companies, Chevron seems to have suffered the most and is going to great lengths to curb costs. The company announced last year that it would lay off 7000-8000 workers. Its capital expenditure is also expected …

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Investing Action Plan: Tesla, Alibaba, Shale Producers, Jobs Report
www.investors.com

… Plan: What you need to know as an investor for the coming week. Earnings season remains remains busy with reports from Tesla Motors (TSLA), Alibaba (BABA) and top shale producers, while the April jobs report will provide more clues as to where the …

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SPAC-tacular no more
www.thestar.com.my

In a nutshell, the asset is a producing oil field of which Sona managed to secure at 50% discount from the original price. According to a recent interview, Sona managing director Datuk Seri Hadian said shareholders should vote for the QA as it is …

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Azerbaijan's commitments on offshore oilfield block approved
www.azernews.az

Azerbaijan's Cabinet of Ministers has approved the government's commitments on production sharing, restoration, development and exploration at the block that includes Muradkhanli, Jafarli and Zardab oil fields within the framework of the agreement …

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RPC (RES) is Reiterated by Cowen to Outperform, Raises Price Target to $ 17
www.themarketdigest.org

RPC Inc. (RPC) is an oilfield services holding company. The Company provides a specialized oilfield services and equipment to independent and oil and gas companies engaged in the exploration production and development of oil and gas properties.

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Fed up with wait, Santa Clara sheriff buys jail cameras herself
www.mercurynews.com

The sheriff's shopping spree came as three of her correctional officers appeared in court Wednesday on charges of beating a mentally ill inmate to death in August — an incident that wasn't captured by the jail's existing cameras and exposed troubling …

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San Jose: How suspect's trails pointed to Kyle Myrick's body
www.mercurynews.com

SAN JOSE — For nearly a week, Kyle Myrick was presumed dead, but no one could find him, and the man suspected in the disappearance refuted allegations he killed Myrick. But in the face of his denials, Steve Douglas Hlebo left trails, according to …

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Death of an outdoorsman: A remote Ventana cabin was 'home' for 96-year-old …
www.mercurynews.com

Steven Leckart, one of the authors of the book, wrote how English couldn't stand to be anywhere outside of Pine Valley after his wife's death. Their home in Soquel reminded him too much of Mary. "I don't care for progress. I'd rather go back. My wife …

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Oil Rigs in US Fall for Sixth Straight Week, Pushing Crude's April Rally (NYSE …
sonoranweeklyreview.com

Baker Hughes Incorporated supplies oilfield services, products, technology, and systems to the oil and natural gas industry worldwide. The company offers drilling and evaluation products and services, which include drill bits for performance drilling …

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Carbo Ceramics Receives a Sell from Morgan Stanley
www.markets.co

CARBO Ceramics, Inc. is an oilfield services technology company, which engages in manufactures and supplies ceramic proppant and resin-coated sand. It's portfolio of innovative products and services includes: Fracpro, Carbo Ceramics & Technologies, …

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US Economy: A One-Trick Pony
news.morningstar.com

The fine work of the Atlanta Fed combined with a hard-learned lesson that the first quarter is almost always weak and statistically flawed may have kept markets unusually calm. Also, the first quarter still showed relatively reasonable growth of 1.9 …

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Halliburton Company Dips – Delays Q1 Results to May 3 (NYSE:HAL)
sonoranweeklyreview.com

(Updates with number of job losses in Q1 and reason co is delaying its results) Halliburton Company (NYSE:HAL) dips after the company said late Friday was due to report its quarterly results on Monday but said it has postponed its results until Tuesday …

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Oil prices fall
www.business-standard.com

A Bloomberg survey showed that the OPEC boosted output by 484,000 barrels to 33,217 million a day in April. Meanwhile, the active US rigs count of this week fell by 11 to 332, continuing losses into a sixth week, oilfield services company Baker Hughes …

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Oil and Gas News: Italian oil giant Eni swings to 1Q loss
www.pennenergy.com

Production of gas and oil grew by 3.4 percent to 1.75 million barrels of oil equivalent a day, thanks to the start-up of the Goliat oilfield in the Barents Sea and other projects. Oil prices have rebounded to the 40 dollar-mark after hitting a 13-year …

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'OMV ready to resume Iran oilfield work'
www.presstv.ir

“OMV has announced readiness for development of the Cheshmeh Khosh oilfield,” the Fars news agency said on Monday. Seele last year accompanied other European delegates for a trade visit to Tehran to attend an industry conference. “You can find very …

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Transactions
newsok.com

Randy Miller LLC paid $140,000 to Baker Hughes Oilfield Operations Inc. for a 3,840-square-foot industrial-warehouse property at 2430 N 11th, Enid. Mark Patton handled the transaction. • Bruce C. Cate paid $35,000 to Baker Petrolite for a 3-acre …

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Has the Oil and Gas Industry Bottomed?
www.fool.ca

We have seen Mullen's first-quarter results and how badly the oilfield services segment was hit as things continued to get worse. First-quarter revenue declined 19.4% and, as expected, the oilfield services segment was the dark spot; its revenue …

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Oceaneering International (OII) Lifted to "Hold" at Zacks Investment Research
www.webbreakingnews.com

Oceaneering International, Inc is an oilfield provider of engineered services and products to the offshore oil and gas industry, with a focus on deep water applications. The Company's business segments are contained within two businesses, such as …

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Spending watchdog to examine scrapping of £1bn carbon capture plan
www.theguardian.com

CCS is a system in which CO2 from a coal- or gas-fired power station can be removed and stored, most likely within an old North Sea oilfield. Carbon is one of the greenhouse gases held responsible for global warming. The CCS auctions were meant to open …

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Norway helicopter crash: Super Pumas grounded worldwide
www.theguardian.com

A spokesman for the UK Foreign Office said: “We have offered our support to the family of a British national who has sadly died in a helicopter crash in Bergen, Norway. Our thoughts are with all those affected. We will remain in contact with … The …

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FMC Technologies (FTI) is Reiterated by RBC Capital Mkts to Sector Perform …
www.themarketdigest.org

Subsea Technologies designs and manufactures products and systems and provides services used by oil and gas companies involved in deepwater exploration and production of crude oil and natural gas. … and provides services used by oil and gas companies …

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March Durable Goods Orders Rise Less Than Expected
www.foxbusiness.com

Deep spending cuts on capital projects by oilfield service firms like Schlumberger and Halliburton in the aftermath of a prolonged tumble in oil prices, and efforts by businesses to sell a stockpile of unwanted inventory are also hurting factories. The …

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Italys Eni wary of Venezuela crisis seeks to shed assets
www.bnamericas.com

Italy's Eni is engaged in oil and gas exploration and production, gas marketing, management of gas infrastructure, power generation, petrochemicals, oilfield services and engineering. Eni has operations in 85 countries in five continents, including …

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California Farm Use Of Oilfield Waste Water Prompts Food-Safety Inquiry
sanfrancisco.cbslocal.com

There was no information on how much or how often the products are used. But we found many of the ingredients, such as ethylene glycol, cumene, methanol, ethylbenzene and naphthalene are on California's Prop 65 list of chemicals known to cause cancer.

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Scalise to take peers on tour of Gulf's offshore drilling
www.thenewstribune.com

House Majority Whip Steve Scalise is taking a batch of congressmen on a tour of the Gulf of Mexico's offshore oil and gas industry. Scalise, a Republican from Louisiana, has led energy tours for his peers since he became a House member in 2008. On …

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