… Development Company, announce that it has executed an oil sale and purchase agreement with a major United States oil company. EnDevCo … to be significantly increased once fracture stimulation by Schlumberger is completed. Short Junction Field covers 18 square miles and …
Oilfield services provider Schlumberger Ltd. reporting a nearly 13 percent jump in profit driven by robust … as energy companies try to benefit from high commodity prices. Andrew Gould, chairman and chief executive, in a conference call …
Schlumberger Ltd announced that its shares jumped Friday after the oilfield services provider said its second-quarter profit rose 13 percent and … Houston-based company said high oil and natural gas prices led to heavier spending among customers to find more fossil fuels, and …
Schlumberger Ltd told the press that a better-than-expected jump in quarterly profit on Friday and the world’s largest oilfield services company gave an upbeat outlook for energy companies’ spending … Andrew Gould, Citing customer response to higher prices, he repeated his longer-term view that the global exploration and …
Oilfield service shares rallied Monday as higher crude-oil prices gave investors reason to add to their bets on the sector. Oil prices … or 8.4 percent, to $91.55, after an intraday high of $92. Schlumberger Ltd., up $4.32, or 4.2 percent, to …
… Sachs upgraded the oilfield services sector to “Attractive” from “Neutral,” predicting strong … growth due to greater drilling activity and high oil prices. Analyst Charles Minervino expects earnings to grow in the double … Industries Ltd. and Helmerich & Payne Inc. He said Schlumberger Ltd. will benefit from higher spending and rig counts. Shares …
… analyst raised his price targets on 37 companies in the oil services and drilling sector, seeing a strong recovery in 2008 and 2009 for … are Weatherford International Ltd., Halliburton Co., Schlumberger Ltd., Tidewater Inc., Nabors Industries Ltd., Hercules Offshore …
Oil industry services provider Halliburton Co. was upbeat Friday despite a 40 percent … demand for oil-field services despite sliding natural gas prices. Some industry analysts were concerned by the potential for a … to normalize,” Lesar said. A Halliburton competitor, Schlumberger Ltd., also provided an upbeat outlook when it reported 2006 …
… Pakistan has barred its country’s services companies from oil and gas exploration and production work in Balochistan for security … that Great Wall Drilling Company (GWDC), China and Schlumberger Inc were contacted for drilling at Tangna Pusht-1 well but they …
Schlumberger Ltd., the world’s largest oilfield services company, said on Friday its fourth-quarter earnings rose 71 … trading. Recent declines in crude oil and natural gas prices have raised concerns among investors that the 2-1/2 year surge in …
