Lufkin competes with other oilfield services companies like Baker Hughes, Cameron Corp. and FMC Technologies.
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Baker Hughes provides oilfield services, products, technology and systems globally to the oil and natural gas industry.
The acquisitions were made through Asco's Canadian onshore oilfield services company, Moko, which is based in Alberta.
Another commodity buy was the Oil Service HOLDRs, an ETF made up of 18 large-cap oilfield services companies.
Rig operator Transocean and oilfield services provide Halliburton were contracted by BP to develop the well.
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The company has operations in over 80 countries and its oilfield services operations are organized under four geographic divisions.
Western Geophysical, the seismic surveying arm of Houston-based oilfield services firm Baker Hughes, adopted the Intelisys system in June.
Halliburton remains enthusiastic over the long term prospects of the oilfield services business.
Shares of Superior Well Services, an oilfield services firm in Indiana, Pa.
Oilfield services companies like Halliburton and Schlumberger fared better, both benefiting from the exploding shale boom in mainland North America.
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For that price an oilfield services giant like Halliburton, or a Waste Management might just decide to buy the whole thing.
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Oilfield services companies provide the tools and equipment required in the exploration of oil including drilling rigs, offshore rigs and transport equipment.
Under all the four geographies, Schlumberger provides a host of oilfield services that are targeted at the life cycle of the reservoir.
With that in prospect around the world, one industry figure in Aberdeen said this week this is "a golden era for oilfield services".
Oil States International went from an obscure oilfield services firm to one of the hottest stocks in the market in just a few weeks.
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The group most favored by Leeb is oilfield services companies, which he thinks will do especially well, almost regardless of the price of oil.
Other oilfield services firms such as Schlumberger and Baker Hughes also posted drops exceeding 5% on Tuesday and were down again today.
In this context, oilfield services firms such as Schlumberger, Hallibuton and Baker Hughes have a real opportunity to boost their earnings in the region.
Chesapeake also has a services arm, Chesapeake Oilfield Services LLC, which provides drilling and other oilfield services to various oil and natural gas producers.
We also forecast that the Latin America revenues will show healthy growth with strong demand for oilfield services in Brazil and other Latin American countries.
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Don't let the BP disaster scare you away from oilfield services.
Demand for oilfield services in the region is especially strong in Iraq, as the country is expected to expand its production capacity over the next few years.
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The specific formulations of certain fracking fluids are closely guarded corporate secrets, attorneys for Wyoming and oilfield services company Halliburton countered in arguments before Wilking in January.
The number of rigs in the U.S. targeting gas reservoirs has fallen to 809, down 110 from a year ago, oilfield services company Baker Hughes Inc.
Halliburton announced its third quarter results yesterday, posting strong growth in North America and Latin America as demand for oilfield services continued to grow despite lower oil prices.
Through organic growth Hilong would later add oilfield services to the other two lines of business en route to its IPO in Hong Kong in April last year.
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The enthusiasm for energy stocks spilled over into a niche oilfield services company: Amsterdam-based Core Laboratories NV, which provides drillers with production development and reservoir management products and services.
But let's not forget that Halliburton is one of the world's largest oilfield services companies, and that oil prices are high and exploration is gearing up (see story, p. 90).
But let's not forget that Halliburton is one of the world's largest oilfield services companies, and that oil prices are high and exploration is gearing up (see story, p. 36).
Oilfield services names like Schlumberger and Baker Hughes delivered weak third quarter performance as they experienced margin pressure, while Chevron has felt the heat on tough up and downstream operations.
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