Rig Report

Origin reports higher production for fourth quarter ’09

News from the Southern Hemisphere…. Origin reports higher production for fourth quarter ’09 (Scandinavian Oil-Gas Magazine). The Exploration and Production business reported a 2 percent increase in production and a 16 percent increase in sales revenue for the quarter to December 2009 compared with the previous corresponding period in December 2008. The increases were primarily [...]

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Smith International, Inc. Reports Fourth Quarter and Fiscal Year Results

Smith International, Inc. Reports Fourth Quarter and Fiscal Year Results | Business Wire. HOUSTON–(BUSINESS WIRE)–Smith International, Inc. (NYSE:SII) today announced fourth quarter net income of $20.1 million, or $0.09 per diluted share on revenue of $1.98 billion. In comparison, third quarter of 2009 earnings from continuing operations, net of charges, were $14.8 million or $0.07 per [...]

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Halliburton Slips, Still Looks for Solid 2010

Motley Fool — Halliburton Slips, Still Looks for Solid 2010 HAL. The world’s second-largest oilfield services company, Halliburton (NYSE:HAL) has reported results for the fourth quarter of 2009 that, while materially down year over year, indicated the same sort of optimism for 2010 that has thus far been signaled by the likes of Baker Hughes (NYSE: BHI) andSchlumberger [...]

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