RC Baker Technology Vessel Exceeds Customer "Wish List"

HOUSTON, TEXAS (January 28, 2000) – Baker Oil Tools celebrated the launch of its latest technology vessel – MV RC Baker – in December with festive customer gatherings in Houston and New Orleans. Named for the founder of Baker Oil Tools, the 224-ft, dynamically positioned vessel was designed and built to provide the safest, highest-caliber pumping and stimulation support for the Gulf of Mexico operators.

The RC Baker is particularly well suited to support the company's much-demanded FRAQ PAQ, H2O FRAQSM, H2O PAQSM, and other stimulation processes, as well as horizontal gravel packing and multiple sand control projects. Key enabling features include:o 1 million pounds proppant capacity, with 250,000 pounds in four above-deck silo compartments and 750,000 pounds in five pneumatic below-deck tanks

o 8,000 HHP capability between five independent pumps, with capacity for increasing HHP as required

o 189,000 gallons of batch mix capacity

o Large open deck space that supports acidizing, solvent, nitrogen, CO2 and other large-capacity operations

o Computer-controlled fluids mixing and pumping to ensure the most accurate and efficient fluids and placement of stimulation treatments. Designed with operators in mind

The Holiday Season launch of the RC Baker was particularly appropriate, given the fact that design criteria for the vessel were based on a customer wish list compiled through surveys and one-on-one interviews. Key among requests fulfilled by the RC Baker are the convenient command center, laboratory and stateroom, and satellite-based remote data transmission capabilities that allow wellsite data to be transmitted to onshore locations (including clients' offices) in real time.

Operators had expressed a desire for more room in the command center and larger computer monitors. In response, the RC Baker includes an 816-sq-ft, stern-facing command center/laboratory on the "02" deck that provides a large working area with excellent visibility of on-deck operations. The command center houses the computers required for the ship's network, job monitoring and display. Among the hardware are seven large-screen monitors (five 21-in. and two 17-in. CRTs). Treatment data is displayed on the large-screen monitors, while a mimic board on the starboard wall of the room displays actual suction and discharge manifold and valve positions for all critical systems. The valves can be controlled from the mimic board.

The RC Baker is believed to be the only technology vessel in the Gulf with the Quality Control (QC) laboratory on the same deck level as the control room. The fluids laboratory is located adjacent to the command center for quick access to the facilities and vital test data. Also adjacent to the command center is a dedicated stateroom for the operating company representative.

Unique satellite service makes ship-to-shore communications "as easy as with the office next door". As part of Baker Oil Tools' efforts to make all communication systems aboard the RC Baker the most reliable and efficient possible, ship-to-shore communications are enabled by a unique, 24-hours-a-day, 7-days-a-week satellite link with 128k bandwidth for four phone lines and a fulltime network connection. "It's as easy as communicating with the office next door, and you don't get thrown off the network during peak traffic," commented one happy customer.

The satellite servicer provides a primary satellite and a smaller, alternate satellite in a different azimuth location, so service can continue uninterrupted even when the boat is positioned such that the rig structure blocks the direct path to the primary satellite. Backup communications are provided by cellular phone.

Advanced dynamic positioning and extra safety features

Safety drives every aspect of the design and operation of the RC Baker. The vessel's advanced dynamic positioning system uses a global positioning system (GPS), with redundancy provided by radio frequency and manual mode. The 800-megahertz radio frequency communications allow the boat to stay in tandem with the rig's range of movement at all times.

A purpose-built, 12-in. steel I-beam grid framework on the main deck is connected to the ship's frame to secure the frac pumps, blender, chemical additive system, proportional mixing unit, and accessory support equipment. The grid, with its sturdy fiberglass decking, also serves as a false floor, under which pipes, hoses and cables are run. As a result, the deck is kept free of clutter and provides safe footing for the crew.An elevated landing platform at the rear of the vessel provides a safe place to land the personnel transfer basket. An elevated catwalk provides a safe, convenient passageway between the landing platform and crew quarters.

An additional safety feature of the RC Baker is its dust collection system, which ensures that no dust is emitted from sand stored or used on the vessel. Fluid systems and additives are environmentally friendly.The RC Baker joins the MV Republic Tide, which was commissioned by Baker for Gulf of Mexico marine support operations in 1998, and like its predecessor, it is outfitted for speed, flexibility and maximum stability in inclement weather.

Baker Oil Tools is a world leader in total completion, workover, and fishing solutions that help exploration and production companies optimize their hydrocarbon recovery investment. Baker Oil Tools solutions are based on advanced downhole and surface technology, practically applied, to help operators produce at the highest levels and the lowest cost throughout the life of the reservoir.

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Baker Hughes to Present at the 2005 UBS Global Oil & Gas Conference

HOUSTON, May 23 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated(NYSE: BHI) announced today that James R. (Rod) Clark, Baker Hughes' presidentand chief operating officer, will present at the 2005 UBS Global Oil & GasConference in Austin, Texas on Wednesday, May 25, 2005 at 11:20 a.m., centraltime.

If you would like to listen to Mr. Clark's presentation during theconference, please log on to the following website:http://www.bakerhughes.com/investor/resources/presentations.htm . If youwould like to listen to a replay of the presentation, it will be availablethree hours after the live broadcast and available through June 26, 2005. Usethe same website address above to access the replay.

Forward-Looking Statements

The presentation referenced in this news release and any oral statementsmade in connection with the presentation may contain forward-lookingstatements within the meaning of Section 27A of the Securities Act of 1933, asamended, and Section 21E of the Securities and Exchange Act of 1934 asamended. Additional information and risk factors are contained in our Form10-K for the fiscal year ended December 31, 2004 and other filings with theSEC about the risks and uncertainties that could cause actual results to bedifferent than those in our presentation. The company's SEC filings can beviewed at http://www.bakerhughes.com . The company assumes no responsibilityto update any of the information referenced in this news release.

Baker Hughes is a leading provider of drilling, formation evaluation,completion and production products and services to the worldwide oil and gasindustry.

NOT INTENDED FOR BENEFICIAL HOLDERS

Contacts:
Gary R. Flaharty (713) 439-8039
H. Gene Shiels (713) 439-8822

SOURCE Baker Hughes Incorporated

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Baker Hughes Provides Revised Regional Financial Information

HOUSTON, Oct 06, 2008 /PRNewswire via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) today is providing revised information for regional revenue and operating profit before tax for its North America and Latin America regions for the fourteen quarters from the quarter ended March 31, 2005 through the quarter ended June 30, 2008 and is identified on the attached schedules as "(revised)". The original data was released on July 17, 2008.

In this revised disclosure, revenue and operating profit before tax for Trinidad, which is supported by our U.S. Gulf Coast operations, has been reclassified from Latin America to North America. There are no changes to the total revenue or operating profit before tax as previously disclosed. The revised information is also posted on our website at http://www.bakerhughes.com/investor.

Revenue and Operating Profit Before Tax(1) by Region For the 12 Months Ended December 31, 2005 12 months 3 months ended ended 3/31/2005 6/30/2005 9/30/2005 12/31/2005 12/31/2005 -------------------------------------------------------------------------- Segment Revenue Drilling and Evaluation $839.3 $893.7 $915.0 $1,046.2 $3,694.2 Completion and Production 803.2 873.8 869.8 943.2 3,490.0 -------------------------------------------------------------------------- Oilfield Operations 1,642.5 1,767.5 1,784.8 1,989.4 7,184.2 ========================================================================== Geographic Revenue North America (revised) 730.6 769.9 779.1 861.6 3,141.2 Latin America (revised) 141.5 157.5 161.1 178.1 638.2 Europe, Africa, Russia, and the Caspian 463.6 496.3 499.2 547.5 2,006.6 Middle East, Asia Pacific 306.8 343.8 345.4 402.2 1,398.2 -------------------------------------------------------------------------- Oilfield Operations 1,642.5 1,767.5 1,784.8 1,989.4 7,184.2 Corporate and Other Corporate and other revenue 0.4 0.9 - - 1.3 -------------------------------------------------------------------------- Total revenues $1,642.9 $1,768.4 $1,784.8 $1,989.4 $7,185.5 ========================================================================== Segment Operating Profit Drilling and Evaluation $153.3 $174.2 $190.0 $232.1 $749.6 Completion and Production(2) 146.3 171.3 170.0 178.4 666.0 -------------------------------------------------------------------------- Oilfield Operations 299.6 345.5 360.0 410.5 1,415.6 ========================================================================== Geographic Operating Profit North America (revised) 149.8 160.4 169.3 197.1 676.6 Latin America (revised) 31.0 37.2 30.3 35.5 134.0 Europe, Africa, Russia, and the Caspian 73.3 86.6 92.2 97.9 350.0 Middle East, Asia Pacific 45.5 61.3 68.2 80.0 255.0 -------------------------------------------------------------------------- Oilfield Operations 299.6 345.5 360.0 410.5 1,415.6 WesternGeco 19.3 18.5 25.5 33.4 96.7 -------------------------------------------------------------------------- Total Oilfield 318.9 364.0 385.5 443.9 1,512.3 Corporate and Other Operating Profit Interest expense (18.6) (16.7) (18.8) (18.2) (72.3) Interest and dividend Income 1.9 3.3 4.9 7.9 18.0 Corporate and other (32.0) (45.2) (49.2) (52.4) (178.8) -------------------------------------------------------------------------- Corporate, net interest and Other (48.7) (58.6) (63.1) (62.7) (233.1) -------------------------------------------------------------------------- Total Operating Profit(1) $270.2 $305.4 $322.4 $381.2 $1,279.2 ==========================================================================

See "Notes to Revenue and Operating Profit Before Tax by Region" in this news release.

Revenue and Operating Profit Before Tax(1) by Region For the 12 Months Ended December 31, 2006 12 months 3 months ended ended 3/31/2006 6/30/2006(1) 9/30/2006 12/31/2006 12/31/2006(1) -------------------------------------------------------------------------- Segment Revenue Drilling and Evaluation $1,084.5 $1,118.4 $1,204.1 $1,253.7 $4,660.7 Completion and Production 977.5 1,084.9 1,105.3 1,199.0 4,366.7 -------------------------------------------------------------------------- Oilfield Operations 2,062.0 2,203.3 2,309.4 2,452.7 9,027.4 ========================================================================== Geographic Revenue North America (revised) 959.4 996.0 1,059.1 1,061.7 4,076.2 Latin America (revised) 168.9 181.0 189.6 211.5 751.0 Europe, Africa, Russia, and Caspian 557.1 605.4 637.9 689.2 2,489.6 Middle East, Asia Pacific 376.6 420.9 422.8 490.3 1,710.6 -------------------------------------------------------------------------- Oilfield Operations 2,062.0 2,203.3 2,309.4 2,452.7 9,027.4 Corporate and Other Corporate and other Revenue - - - - - -------------------------------------------------------------------------- Total revenues $2,062.0 $2,203.3 $2,309.4 $2,452.7 $9,027.4 ========================================================================== Segment Operating Profit Drilling and Evaluation(4) $277.3 $288.0 $320.7 $355.8 $1,241.8 Completion and Production 204.8 246.3 241.1 249.7 941.9 -------------------------------------------------------------------------- Oilfield Operations 482.1 534.3 561.8 605.5 2,183.7 ========================================================================== Geographic Operating Profit North America (revised) 253.3 265.8 284.5 290.9 1,094.5 Latin America (revised) 34.7 37.2 37.9 44.9 154.7 Europe, Africa, Russia, and the Caspian 116.4 129.3 142.5 148.9 537.1 Middle East, Asia Pacific 77.7 102.0 96.9 120.8 397.4 -------------------------------------------------------------------------- Oilfield Operations 482.1 534.3 561.8 605.5 2,183.7 WesternGeco(3) 47.9 10.8 - - 58.7 -------------------------------------------------------------------------- Total Oilfield 530.0 545.1 561.8 605.5 2,242.4 Corporate and Other Operating Profit Interest expense (16.5) (17.0) (18.1) (17.3) (68.9) Interest and dividend income 7.3 24.2 22.6 13.4 67.5 Charge for investigation resolution(5) - - - (46.1) (46.1) Corporate and other (41.4) (45.3) (49.0) (65.9) (201.6) -------------------------------------------------------------------------- Corporate, net interest and other (50.6) (38.1) (44.5) (115.9) (249.1) -------------------------------------------------------------------------- Total Operating Profit(1) $479.4 $507.0 $517.3 $489.6 $1,993.3 ==========================================================================

See "Notes to Revenue and Operating Profit Before Tax by Region" in this news release.

Revenue and Operating Profit Before Tax(1) by Region For the 12 Months Ended December 31, 2007 12 months 3 months ended ended 3/31/2007 6/30/2007 9/30/2007 12/31/2007 12/31/2007 -------------------------------------------------------------------------- Segment Revenue Drilling and Evaluation $1,288.5 $1,278.7 $1,356.0 $1,370.0 $5,293.2 Completion and Production 1,184.2 1,258.7 1,321.8 1,370.3 5,135.0 -------------------------------------------------------------------------- Oilfield Operations 2,472.7 2,537.4 2,677.8 2,740.3 10,428.2 ========================================================================== Geographic Revenue North America (revised) 1,095.5 1,071.4 1,140.7 1,132.8 4,440.4 Latin America (revised) 206.3 216.5 240.3 240.2 903.3 Europe, Africa, Russia, and the Caspian 709.2 765.0 799.1 803.0 3,076.3 Middle East, Asia Pacific 461.7 484.5 497.7 564.3 2,008.2 -------------------------------------------------------------------------- Oilfield Operations 2,472.7 2,537.4 2,677.8 2,740.3 10,428.2 Corporate and Other Corporate and other revenue 0.1 0.1 (0.2) - - -------------------------------------------------------------------------- Total revenues $2,472.8 $2,537.5 $2,677.6 $2,740.3 $10,428.2 ========================================================================== Segment Operating Profit Drilling and Evaluation(6) $365.1 $326.6 $357.1 $347.4 $1,396.2 Completion and Production 245.0 265.2 287.2 314.8 1,112.2 -------------------------------------------------------------------------- Oilfield Operations 610.1 591.8 644.3 662.2 2,508.4 ========================================================================== Geographic Operating Profit North America (revised) 309.9 267.7 310.1 289.9 1,177.6 Latin America (revised) 36.1 36.1 48.9 53.9 175.0 Europe, Africa, Russia, and the Caspian 157.2 179.3 170.6 178.3 685.4 Middle East, Asia Pacific 106.9 108.7 114.7 140.1 470.4 -------------------------------------------------------------------------- Oilfield Operations 610.1 591.8 644.3 662.2 2,508.4 Corporate and Other Operating Profit Interest expense (16.8) (16.2) (16.7) (16.4) (66.1) Interest and dividend income 11.5 10.7 10.5 11.1 43.8 Corporate and other (49.7) (54.5) (61.7) (63.5) (229.4) -------------------------------------------------------------------------- Corporate, net interest and other (55.0) (60.0) (67.9) (68.8) (251.7) -------------------------------------------------------------------------- Total Operating Profit(1) $555.1 $531.8 $576.4 $593.4 $2,256.7 ==========================================================================

See "Notes to Revenue and Operating Profit Before Tax by Region" in this news release.

Revenue and Operating Profit Before Tax(1) by Region For the 6 Months ended June 30, 2008 3 months ended 3/31/2008 6/30/2008 ----------------------------------------------------------------- Segment Revenue Drilling and Evaluation $1,390.9 $1,527.1 Completion and Production 1,279.5 1,470.4 ----------------------------------------------------------------- Oilfield Operations 2,670.4 2,997.5 ================================================================= Geographic Revenue North America (revised) 1,177.0 1,278.4 Latin America (revised) 234.6 266.5 Europe, Africa, Russia, and the Caspian 762.4 905.4 Middle East, Asia Pacific 496.4 547.2 ----------------------------------------------------------------- Oilfield Operations 2,670.4 2,997.5 Corporate and Other Corporate and other revenue - - ----------------------------------------------------------------- Total revenues $2,670.4 $2,997.5 ================================================================= Segment Operating Profit Drilling and Evaluation $349.5 $366.9 Completion and Production 263.1 322.6 ----------------------------------------------------------------- Oilfield Operations 612.6 689.5 ================================================================= Geographic Operating Profit North America (revised) 316.3 325.8 Latin America (revised) 45.4 43.8 Europe, Africa, Russia, and the Caspian 149.3 212.4 Middle East, Asia Pacific 101.6 107.5 ----------------------------------------------------------------- Oilfield Operations 612.6 689.5 Corporate and Other Operating Profit Litigation settlement(8) - (62.0) Gain on sale of product line(7) 28.2 - Interest expense (15.7) (17.1) Interest and dividend income 8.0 4.2 Corporate and other (63.9) (63.7) ----------------------------------------------------------------- Corporate, net interest and other (43.4) (138.6) ----------------------------------------------------------------- Total Operating Profit(1) $569.2 $550.9 =================================================================

See "Notes to Revenue and Operating Profit Before Tax by Region" in this news release.

Notes to Revenue and Operating Profit Before Tax by Region

1 - Operating profit before tax is a non-GAAP measures comprised of income from continuing operations excluding the impact of certain identified non-operational items. The company believes that operating profit is useful to investors because it is a consistent measure of the underlying results of the company's business. Furthermore, management uses operating profit internally as a measure of the performance of the company's operations. Income from continuing operations before tax is reconciled to operating profit before tax in the table below. Reconciliation of GAAP and operating profits for historical periods can be found on the company's website at http://www.bakerhughes.com/investor.

Reconciliation of GAAP and Operating Profit Before Tax ------------------------------------------------------------------------- UNAUDITED for the three for the twelve (In millions except earnings months ended months ended per share) June 30, 2006 December 31, 2006 ------------------------------------------------------------------------- Income from continuing operations (GAAP) $2,250.5 $3,736.8 Less non-operational items: Gain on sale of interest in WesternGeco (1,743.5) (1,743.5) ------------------------------------------------------------------------- Operating results, excluding the impact of Non-operational items $507.0 $1,993.3 =========================================================================

The non-operational item in the second quarter of 2006 and the year ended December 31, 2006 related to the pre-tax gain of $1,743.5 million ($1,035.2 million after tax) from the sale of our 30% interest in WesternGeco, our seismic joint venture with Schlumberger, to Schlumberger on April 28, 2006 for $2.4 billion in cash.

There were no non-operational items in any other period between Quarter 1 2005 and Quarter 2 2008.

2 - Quarter 4 2005 results for Completion and Production include a $5.1 million write-off of in-process research and development associated with the acquisition of the remaining interest in QuantX. The impact on the region operating profit was: North America: $2.1 million; Europe Africa Russia and the Caspian: $3.0 million.

3 - Our 30% minority interest in WesternGeco was sold to Schlumberger on April 28, 2006.

4 - Fourth quarter 2006 results were favorably impacted by a change in accounting procedures related to certain inventory of our Baker Atlas division. The pretax impact of this change was a $21.2 million reduction to cost of services and rentals. The full amount is reflected in Drilling and Evaluation operating profit. The impact on the region operating profit was: North America: $7.5 million; Latin America: $2.6 million; Europe Africa Russia and the Caspian: $6.4 million; Middle East, Asia Pacific: $4.7 million.

5 - Fourth quarter 2006 results included a financial charge of approximately $46 million before tax ($38.5 million after tax or approximately $0.12 per diluted share) associated with the resolution of the investigations by the Securities and Exchange Commission and Department of Justice into activities in Angola, Kazakhstan and Nigeria.

6 - 2007 results were favorably impacted by an increase in the depreciable lives of certain assets of our Baker Atlas division. The pretax impact of this change was approximately $6.0 million reduction to cost of services and rentals per quarter.

7 - Profit before tax includes a gain of $28.2 million (approximately $18.4 million after tax or $0.06 per diluted share) for the sale of the Completion and Production segment's Surface Safety Systems ("SSS") product line in February 2008.

8 - Profit before tax includes a net charge of $62.0 million ($40.3 million after-tax or $0.13 per diluted share) relating to the settlement of litigation with ReedHycalog in May 2008.

Baker Hughes provides reservoir consulting, drilling, formation evaluation, completion and production products and services to the worldwide oil and gas industry.

Contact:

Gary R. Flaharty (713) 439-8039

H. Gene Shiels (713) 439-8822

SOURCE Baker Hughes Incorporated

http://www.bakerhughes.com

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New System Sets World Record by Perforating a 1490-m Horizontal Section

HOUSTON - November 11, 2002 - Baker Atlas has set the world record for the longest horizontal perforating operation in the Norwegian section of the North Sea.

A Baker Atlas crew, with the assistance of Baker Oil Tools staff, successfully ran a 2246-m (7367-ft) Horizontal Oriented Perforating SystemSM (HOPSSM) to perforate a total 1490-m (4888-ft) section using 4½” deep penetrating PERFFORM™ charges.

The guns were tubing conveyed using 188 swivel gun connectors to orient gun sections and negotiate deviations in the wellbore. Charges were oriented in the direction of maximum formation stress to minimize sand production.

The gun design also allowed the operator to optimize production by effectively covering 6% more of the reservoir and decreasing the total area left unperforated across connections by more than 50%.

Baker Atlas launched the new Horizontal Oriented Perforating System after completing field testing with over 50 runs. HOPS is designed to reliably and efficiently perforate long intervals in highly deviated wellbores where the orientation of perforations is critical. Perforating gun sizes from 27/8” to 7” OD are available. The system is made up of specially phased, eccentrically weighted perforating guns and swivel gun connectors that allow the guns to rotate.

To date, the system has successfully been deployed in highly deviated wells to minimize sand production and avoid oil-water contacts. The orientation performance of the system has been proven using Baker Hughes’ Shot Detection Indicator Devices. One example verified an average perforation orientation accuracy of ±7.5° at a maximum build angle of 3.7°/30 m.

Baker Atlas, a division of Baker Hughes Incorporated, offers a complete range of downhole well logging services for every environment. Services include advanced formation evaluation, production and reservoir engineering, petrophysical measurements and geophysical data acquisition services. In addition, perforating and completion technologies, pipe recovery, and processing and analysis of open and cased hole data complete the service range. Additional information may be found at www.bakeratlas.com.

Baker Hughes is a leading provider of drilling, formation evaluation, completion and production products and services to the worldwide oil and gas industry.

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INTEQ Extends Drilling Performance Envelope with AutoTrak® X-treme® Rotary Steerable Service

HOUSTON - April 27, 2006 - INTEQ has launched the AutoTrak® X-treme® Rotary Closed Loop Drilling System (RCLS), which delivers precise wellbore placement at high drilling efficiency.

INTEQ has integrated its third-generation AutoTrak rotary steerable system with its X-treme motor technology, which generates 50% to 100% more power than conventional motors. As a result, the new AutoTrak X-treme system offers pinpoint well placement and exceptional hole quality capabilities of the AutoTrak system with high penetration rates associated with the X-treme motor.

“The introduction of AutoTrak systems nearly ten years ago enabled complex 3-D wells to be drilled precisely through the reservoir for increased hydrocarbon recovery and lower cost,” explained Martin Craighead, INTEQ President. “We expect the advantages of the AutoTrak X-treme system to have a similar impact by further extending field development options and improving drilling efficiencies.”

Available to drill hole sizes from 5-7/8" to 18-1/4", the AutoTrak X-treme system has been field tested in rigorous drilling environments. In more than 100 demanding well sections, AutoTrak X-treme system has increased drilling efficiency, extended the reach of lower- capacity drilling rigs and reduced costs associated with casing or drillstring wear. The system has reduced risk in re-entry applications to allow operators to extend field life through economical access to stranded reserves.

In the North Sea, the AutoTrak X-treme system is being used routinely to extend the reach of horizontal production wells several thousand feet past prior limits for enhanced recovery. The AutoTrak X-treme system is also being applied extensively in Saudi Arabia to drill extended multilateral wells faster and more precisely to achieve reduced cost, early production and higher hydrocarbon recovery. In offshore India, the system has improved drilling performance and reach capabilities on a challenging multilateral project.

INTEQ, a division of Baker Hughes, is a provider of advanced While-Drilling technologies and services. Major capabilities include directional drilling, Measurement-While-Drilling (MWD), Logging-While-Drilling (LWD) and well-site information management services.

Baker Hughes is a leading provider of drilling, formation evaluation, completion and production products and services to the worldwide oil and gas industry.

CONTACT:
Stephen Scheffer, 713/625-4465
stephen.scheffer@bakerhughes.com
www.bakerhughes.com/inteq

AutoTrak X-treme services can be used to drill hole sizes from 5-7/8" to 18-1/4".

AutoTrak X-treme system’s added power (50% to 100%) is made possible by a proprietary X-treme stator design.

In offshore India, the AutoTrak X-treme system is being used to improve drilling efficiency and extend the reach of wells in a challenging limestone reservoir.

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New MFLCal&#8482 In-line Inspection Tool Cuts Pigging Costs

SUGAR LAND, Texas - October 12, 2004 - Baker Hughes Pipeline Management Group (PMG) has introduced a new in-line pipeline inspection tool that can help reduce pigging costs by as much as 50% while improving data quality. The PMG MFLCal™ In-line Inspection Tool is a single system that acquires both high-resolution metal loss (magnetic flux leakage) and caliper data sets simultaneously.

Conventional pipeline in-line inspections often consist of two steps. A caliper tool is first run to “prove-up” the pipeline bore and then the MFL inspection tool is run. The new MFLCal tool’s ability to pass bore restrictions more severe than most existing state-of-the-art caliper pigs has largely eliminated the need for traditional bore prove-up by stand-alone caliper.

“Our MFLCal tool provides high-resolution integrated metal loss/mechanical damage information,” explained PMG General Manager Steve Schroder. “Simultaneous review and reporting of MFL and caliper data reduces the potential for error, improves characterization of pipeline anomalies, and ensures cost-efficient remediation.”

The MFLCal tool offers several pipeline-friendly attributes: improved bore-passing capability (25% of OD in most cases), 1.5D bend (back-to-back) capability, shorter tool length, and extended run times, resulting in reduced pigging costs.

Baker Hughes PMG offers a full range of products and services to help pipeline operators increase delivery, assure system integrity, and improve reliability of upstream, transmission and distribution lines. PMG offers pipeline flow boosters, internal corrosion direct assessment services, in-line and tethered inspection services, and turnkey pipeline cleaning services.

Baker Hughes is a leading provider of drilling, formation evaluation, completion and production products and services to the worldwide oil and gas industry.

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Baker Oil Tools Develops Expandable Sealing Technology

HOUSTON, TX (November 6, 2006) – Baker Oil Tools recently added metal-to-metal, high-expansion Z-Seal™ technology to its product portfolio, increasing the capability of its downhole equipment to provide pressure integrity, particularly in hostile, high-pressure/high-temperature (HP/HT) environments.

The Z-Seal technology is a new, innovative, high-expansion sealing device that uses expanding metal in place of elastomers to form a high-integrity pressure seal on the tubular wall. The seal is made entirely of metal, making it highly insensitive to temperature failure modes and able to withstand high-pressure forces. Because it contains no elastomers, the Z-Seal dramatically improves downhole equipment performance in many well intervention applications and makes intervention possible in hostile well environments previously deemed inoperable. The metal seal expands to up to 160% of its original size while maintaining true HP/HT performance. It also uses applied differential pressure to exert additional self-energizing load to reinforce the seal.

The Z-Seal system can be fully retracted in applications that require tool retrieval. Eliminating elastomers also dramatically improves downhole equipment performance by eliminating conventional failure modes such as temperature or chemical degradation, fatigue and shearing.

Z-Seal technology offers many additional advantages, including: a lower profile, a smaller OD for protection from mechanical damage, easier retrieval and less debris, chemical and gas resistance, and conformance to irregular bore shapes. Its operational advantages and engineering innovation have already resulted in two major industry awards: The 2006 OTC Spotlight on Technology and Meritorious Engineering Awards.

Initial applications of Z-Seal technology in bridge plugs and straddle assemblies have proven the technology and the potential of the products in the well-servicing market. Currently Z-Seal technology is being used as a medium- to high-expansion solution for bridge plugs, straddle systems and flow-control devices.

For more information about Baker Oil Tools, visit www.bakeroiltools.com.

Baker Oil Tools is a world leader in well completion and intervention solutions.

Baker Hughes is a leading provider of drilling, formation evaluation, completion and production products and services to the worldwide oil and gas industry.
Z-Seal Technology

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