Baker Hughes Company News
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US Rig Count Sinks to 318
Tuesday, May 26, 2020Year on year, the US rig count is down 665 rigs from last year's 983.
Permian Rig Count Losses Stay in Double Digits
Monday, May 18, 2020Year on year, the US rig count is down 648 rigs from last year's 987.
Baker Hughes to Divest Lufkin Rod Lift Solutions Unit
Tuesday, May 12, 2020Lufkin is a global provider of rod lift products, technologies and services, including automated control and optimization equipment.
US Oil Rig Count Down 513 From Last Year
Monday, May 11, 2020The US oil rig count sank to a low not seen since before the shale revolution took off at the beginning of the last decade.
US Loses 206 Rigs in April
Monday, May 04, 2020The Permian Basin rig count fell by 27 from the previous week.
US Rig Count Falls to 465
Monday, April 27, 2020The Permian rig count dropped by 37 rigs.
US Rig Count Sinks by 73
Monday, April 20, 2020The Permian lost 33 rigs, continuing its weekly trend of steep, double-digit declines.
Baker Hughes to Cut 234 Jobs in Oklahoma City
Thursday, April 16, 2020Baker Hughes notified local and state government officials of a planned mass layoff at its facility at 12701 Santa Fe Ave. in Oklahoma City, Okla.
Oil Collapse Drags the Whole Service Industry Down With It
Thursday, April 16, 2020Since the start of 2019, the oilfield services sector has lost almost 50,000 jobs, or about 13 percent of its workforce.
Baker Hughes Takes $15B Charge for Q1
Tuesday, April 14, 2020The firm has also approved a restructuring plan.
Permian Basin Drops 35 Rigs
Monday, April 13, 2020The US rig count is down 62 rigs from the previous week to 602.
Baker Hughes Virtual Test Successful for Louisiana Project
Monday, April 06, 2020Using advanced digital and remote access, 21 people in five cities monitored the test.
US Rig Count Drops by 64 From Previous Week
Monday, April 06, 2020The Permian Basin lost 31 rigs during the period.
Texas Rig Count Down 29 Week on Week
Monday, March 30, 2020The rig count in the Permian Basin during the period fell by 23.
Permian Still Accounts for More Than Half of US Rigs
Monday, March 23, 2020Year on year, the North America rig count is down 251 rigs from last year's 1,121.
US Rig Count is Down 234 Rigs Year on Year
Monday, March 16, 2020The Permian now has 418 active rigs, which accounts for more than half of the total active rigs in the US.
N. American Rig Count Falls by 34 Week on Week
Monday, March 09, 2020Year on year, the US rig count is down 220 rigs.
Baker Hughes and TWC Fund Field Tech Career Program
Friday, February 21, 2020From left, Baker Hughes' Muzzamil Khider, LSC's Stephen C. Head, TWC's Robert D. Andrade and TWC's Michael Gutierrez. PHOTO SOURCE: LSC
US Rig Count Barely Budges
Friday, February 21, 2020The US rig count is up just one rig from last week to 791.
US Rig Count Still Dragging at a Three-Year Low
Tuesday, February 18, 2020Oil prices have been stubbornly below $55 since the beginning of this year.
Tendeka Names Baker Hughes Alum Americas VP
Friday, February 14, 2020Tendeka's Jim McGowin will be based in Houston. PHOTO SOURCE: Tendeka
Canada Stands Out in Baker Hughes Rig Count
Monday, February 10, 2020Canada's month-on-month and year-on-year rig counts are up by double-digit percentages.
US Adds 15 Oil, Gas Rigs
Friday, January 17, 2020The U.S. rig count increased for the first time this year as the nation added 14 oil rigs and one gas rig.
US Rig Count Continues its Decline
Friday, January 10, 2020The U.S. dropped a total of 15 oil and gas rigs this week, according to data from Baker Hughes Company.
Oil Workers Wanted with More Tech, Less Roughneck
Thursday, January 09, 2020Oil companies are recruiting a different type of worker and in larger numbers.
This Isn't Your Father's Oil and Gas Rig Count
Tuesday, January 07, 2020The industry's advance beyond the rig count indicating production growth has complicated things for forecasters.
US Rig Count Drops by Nine
Friday, January 03, 2020The U.S. closed out the first week of the new year dropping a total of nine rigs.
US Drops Eight Oil Rigs
Friday, December 27, 2019The U.S. dropped eight oil rigs this week while the number of gas rigs remained flat.
The 2019 Downstream Countdown: 20 to 16
Monday, December 23, 2019Here's a recap of the top downstream articles on Rigzone since Jan. 1, 2019, starting with numbers 20 through 16.
Oilfield Services Looking Beyond Oil and Gas
Monday, December 23, 2019As the majors have diversified into power and renewable energy storage, oilfield service contractors have followed suit.
US Bucks Trend, Adds 18 Oil Rigs
Friday, December 20, 2019The U.S. has reversed the trend of rig loss to add a net total of 14 rigs this week.
US Adds Four Oil Rigs
Friday, December 13, 2019The U.S. adds four oil rigs and drops four gas rigs to flatten the rig count for the week.
Baker Hughes Awards Kuwait Drilling Contracts
Monday, December 09, 2019Baker Hughes has awarded ADES International Holding a pair of deep drilling contracts.
US Drops Five Oil Rigs
Friday, December 06, 2019The U.S. idled five oil rigs and added two gas rigs for a net loss of three rigs this week.
US Rig Count Dips Slightly
Wednesday, November 27, 2019The U.S. saw a net decrease of one rig this week.
US Drops Three Oil Rigs
Friday, November 22, 2019U.S. drillers dropped three oil rigs this week, while the gas rig count remained flat, according to data from Baker Hughes Company.
Baker Hughes, C3.ai, Microsoft Team up to Boost Energy AI
Tuesday, November 19, 2019The JV will help customers adopt scalable AI solutions for the energy industry that promote safety, reliability, and sustainability.
US Drops Eleven Oil, Gas Rigs
Friday, November 15, 2019The U.S. dropped 10 oil rigs and one gas rig for a net loss of 11 rigs this week, according to data from Baker Hughes Company.
Baker Hughes Signs Long-Term Saudi Arabia Contracts
Wednesday, November 13, 2019Baker Hughes broke ground Wednesday on its first manufacturing site in Saudi Arabia. PHOTO SOURCE: Sadara
US Rig Count Continues its Decline
Friday, November 08, 2019The nation dropped seven oil rigs while the number of gas rigs remained flat.
US Rig Count Drops by Eight
Friday, November 01, 2019The nation dropped five oil rigs and three gas rigs for a net loss of eight rigs, according to weekly data from Baker Hughes Co.
Baker Hughes Rakes in Higher Profits in 3Q
Wednesday, October 30, 2019Baker Hughes Company's net income for third quarter was $57 million, more than quadruple the amount year-over-year.
Oilfield Services Firms Moving Beyond Oil, Gas Projects
Tuesday, October 29, 2019Oilfield services companies are moving past just oil and gas projects and embracing more renewable energy projects going forward.
US Rig Count Plummets by 21
Friday, October 25, 2019The Permian now accounts for more than half of the nation's total number of active rigs.
Optimizing the Subsea Supply Chain in an Uncertain World
Monday, October 21, 2019The key to this changing dynamic is building new kinds of relationships between operators and suppliers.
US Drops Six Gas Rigs
Friday, October 18, 2019The U.S. dropped six gas rigs and added one oil rig for a net loss of five rigs this week, according to Baker Hughes Co.
BHGE Drops the GE
Thursday, October 17, 2019Baker Hughes, a GE company (BHGE) reported Thursday that it has changed its name to Baker Hughes Co.
Oilfield Services Eyeing Survival Tactics in Weak US Market
Friday, October 11, 2019Contraction of oil and gas E&P means the return of lean times for oilfield services companies.
US Rig Count Increases for First Time in Two Months
Friday, October 11, 2019The U.S. saw a net gain of one rig, ending a seven-week long string of declines.
US Loses Jobs in Support Activities for Mining in Sept.
Monday, October 07, 2019Jobs in support activities for mining declined in September, continuing the downward trend this year, according to data released from the U.S. Bureau of Labor Statistics.