Schlumberger, Baker Hughes results point to improvement
Oilfield services companies Schlumberger and Baker Hughes reported better-than-expected quarterly profits and signaled an improvement in the North American market, driven by increased drilling in the Gulf of Mexico.
Schlumberger, the world’s largest oilfield services company, gets a third of its revenue from North America.
Both companies play a large role in North Dakota’s growing Bakken energy play and have offices in Dickinson.
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