US rig count increases by 1 (AP)
The number of rigs actively exploring for oil and natural gas in the U.S. increased by one this week to 1,586. Houston-based Baker Hughes Inc. said Friday that 972 rigs were exploring for natural gas and 603 for oil.

Baker Hughes names Martin Craighead president (AP)
Baker Hughes Inc., which supplies oil drilling consulting and services, said Thursday it gave Chief Operating Officer Martin Craighead the additional title of president.

BAKER HUGHES INC Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits (EDGAR Online)

Senate Warms Up To Pickens' Push (Indie Research)
Billionaire hedge fund manager and former oilman T. Boone Pickens is an outspoken proponent of natural gas-powered vehicles, and according to Bloomberg, his plan to save America from foreign oil dependence is one step closer to fruition.

Baker Hughes Promotes Martin Craighead to President and Chief Operating Officer (PR Newswire)
Baker Hughes Incorporated announced today that effective immediately, Martin Craighead is promoted to the position of President and Chief Operating Officer .

Examining Trends in Daily Ranges (at Minyanville)
Here, an assessment of the members of the S&P 100 Index to determine the expansion of normalized daily ranges.

BAKER HUGHES INC Files SEC form 8-K, Termination of a Material Definitive Agreement, Financial Statements and Exhibit (EDGAR Online)

Oil Services Sector Powered By North America (at Investopedia)