vMonitor, Inc. announces early results of its Aggressive Growth Strategy in oil and gas wireless automation and field optimization solutions.
vMonitor Director Tom Bates, former Managing Director at Lime Rock Partners and former CEO of Weatherford Interra, describes the Company’s strategy as follows: “vMonitor has succeeded in developing the broadest, most comprehensive of wireless oil and [...]

World Oil® magazine announced the thirteen winners of the 2008 World Oil Awards at the seventh annual black-tie gala dinner last night in Houston, Texas. The event, attended by close to 350 industry leaders, benefited two universities that offer programs leading to careers in the petroleum industry.
Frank Springett of National Oilwell Varco won the inaugural [...]

Baker Hughes Inc. never stopped counting oil rigs in North Dakota, but in 1998 the company removed the state from its list of those with major drilling activity. The list is widely disseminated by the media.
Baker Hughes at the time cited a lack of drilling in North Dakota. The company does not have figures for [...]

The number of rigs actively exploring for oil and natural gas in the United States rose by six this week to 1,928. A year ago, the rig count stood at 1,790.
Of the major oil- and gas-producing states, Texas gained 14 rigs, Oklahoma added five and Alaska and California each gained one. Louisiana lost nine rigs, [...]

Baker Hughes Incorporated announced that the company is providing corrected information for regional operating profit before tax for its Middle East Asia Pacific (MEAP) and Europe, Africa, Russia, Caspian (EARC) regions for the thirteen quarters from the quarter ending March 31, 2005 through the quarter ended March 31, 2008 and is identified on the attached [...]

The number of rigs actively exploring for oil and natural gas in the U.S. this week rose by seven from the week before.
Of the 1,913 rigs running nationwide, 1,530 explore for natural gas, 375 for oil and eight are considered “miscellaneous,” according to Baker Hughes Inc., which tracks rig operations worldwide.
A year ago the [...]

Oilfield service shares rallied Monday as higher crude-oil prices gave investors reason to add to their bets on the sector.
Oil prices rose on what the market saw as a modest production increase from Saudi Arabia and concerns that output from Nigeria will decline. Light, sweet crude for August delivery rose $1.38 to settle at $136.74 [...]

The number of oil and gas rigs operating in the U.S. last week rose by five from the previous week, to 1,906, according to Baker Hughes Inc., which tracks rigs worldwide.
That compares with 1,771 rigs running a year ago.
Of the current total, 1,514 are exploring for gas, 384 for oil and eight are considered “miscellaneous.”
There [...]

The number of rigs actively exploring for oil and natural gas in the U.S. last week rose by nine from last week to 1,886.
Of the rigs running nationwide, 1,493 were exploring for natural gas and 385 for oil, according to Baker Hughes Inc., which tracks rig activity worldwide. Eight were listed as miscellaneous.
A year ago, [...]

The number of rigs actively exploring for oil and natural gas in the United States fell this week by 12 from last week.
Of the 1,877 rigs running nationwide, 1,479 explore for natural gas and 390 for oil, according to Baker Hughes Inc., which tracks rig operations worldwide. Eight were listed as miscellaneous.
A year ago, the [...]