Sunday, April 15, 2012

Baker Hughes to Present at the 2007 Credit Suisse Energy Summit

HOUSTON, Jan. 17 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated(NYSE: BHI) announced today that Chad C. Deaton, chairman and chief executiveofficer of Baker Hughes Incorporated will present at the 2007 Credit SuisseEnergy Summit in Vail, Colorado, on Wednesday, February 7, 2007 at 7:00 a.m.mountain time (9:00 am eastern time).

If you would like to listen to Mr. Deaton's presentation during theconference, please log on to the following website:http://www.bakerhughes.com/investor/resources/presentations.htm . If you wouldlike to listen to a replay of the presentation, it will be available within 24hours of the live presentation and will remain available through February 21,2007. Use the 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 Form 10-K for the fiscal year ended December 31, 2005 and other filings with the SECabout 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

CONTACT: Gary R. Flaharty, +1-713-439-8039, or H. Gene Shiels,
+1-713-439-8822, both of Baker Hughes Incorporated
Web site: http://www.bakerhughes.com
http://www.bakerhughes.com/investor/resources/presentations.htm


View the original article here

Baker Oil Tools Sets Deepwater Record for Horizontal Gravel Pack Completion

HOUSTON, TEXAS (June 3, 1999) - Baker Oil Tools set a new deepwater record off the coast of Brazil for the successful completion of a subsea horizontal gravel pack, at a water depth of 3,248 ft.

Using a semisubmersible floating rig, the well was completed with an 8 1/2-in. open-hole horizontal gravel pack having a lateral length of 1,673 ft.

The well was drilled to a total depth (TD) of 11,460 ft using Baker Hughes INTEQ's PERFFLOW™ drill-in fluid to prevent formation damage and provide formation stability for successful hole cleaning and gravel packing procedures.

Baker Oil Tools' EXCLUDER™ Extended Longevity Well Screen provided mechanical robustness and plugging resistance as over 37,400 lbs of sand was packed into the horizontal section. The sand was pumped at a rate of 9.1 bpm with sand concentration of 1.1 lb/gal, resulting in gravel placement of 133%. Using the PERFFLOW fluids system and hole cleaning procedures allowed successful well production with no post-job acid required.

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.


View the original article here

Hughes Christensen Drill Bit Designated Historic Engineering Landmark by American Society of Mechanical Engineers

FOR IMMEDIATE RELEASE

CONTACTS: Media Relations: Kathy Shirley, +1.713.439.8135, kathy.shirley@bakerhughes.com Investor Relations: Gary R. Flaharty, +1.713.439.8039, gflaharty@bakerhughes.com H. Gene Shiels, +1.713.439.8822, gene.shiels@bakerhughes.com

HOUSTON, TEXAS – July 22, 2009 – Baker Hughes Incorporated announced today that The American Society of Mechanical Engineers (ASME) will designate the Hughes Christensen Two-Cone Drill Bit as a Historic Mechanical Engineering Landmark. The award recognizes this drilling technology as one of the nation's most important mechanical engineering achievements. ASME officials will present Baker Hughes with the Historic Mechanical Engineering Landmark designation during a ceremony at the Baker Hughes drill bit technology facility in The Woodlands, Texas, on August 10, 2009 – the 100th anniversary of the two-cone drill bit patent. An early production two-cone drill bit will be permanently displayed in the lobby at this facility.

"The Hughes two-cone drill bit launched Hughes Tool Company. Perhaps more important, many experts view it as a key technology that ushered in a new era of abundant, inexpensive fuel and laid the foundation for Henry Ford's successful Model-T and the automobile age," said Scott Schmidt, president of Baker Hughes' Hughes Christensen product line. "We are honored the ASME is recognizing this truly game-changing technology and we are proud to have provided our customers with the highest quality products and services to enhance their drilling programs for over 100 years."

Prior to 1909, the traditional fishtail bit scraped the rock and quickly dulled in service. The Hughes two-cone bit's revolutionary rolling action crushed hard-rock formations, allowing drillers to tap vast oil reservoirs deep below the surface. In 1933, Hughes Tool Company enhanced the two-cone bit concept with the Tricone™ three-cone drill bit. In 1987, Hughes Tool Company merged with Baker International to form Baker Hughes Incorporated. Hughes Christensen, the Baker Hughes drill bit product line, continues to lead the industry in new technology research and development.

The ASME History and Heritage Landmarks Program began in 1971. The History and Heritage Committee provides a public service by examining, noting, recording and acknowledging particularly significant mechanical engineering achievements. The History and Heritage Program has designated nearly 250 landmarks as historic mechanical engineering landmarks, heritage collections or heritage sites. Each represents a progressive step in the evolution of mechanical engineering and its significance to society. Past designees include the U.S. standard screw threads, Drake oil well, Wright Flyer III, Ford Model-T, Sikorsky VS-300 helicopter, Howard Hughes flying boat, Saturn V rocket, and the Hughes Glomar Explorer.

###

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


View the original article here

Baker Hughes to Present at the Lehman Brothers 2005 CEO Energy/Power Conference

HOUSTON, Aug. 23 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated(NYSE: BHI) announced today that Chad Deaton, Baker Hughes' chairman and chiefexecutive officer, will present at the Lehman Brothers 2005 CEO Energy/PowerConference in New York, New York on Wednesday, September 7, 2005 at 8:25 a.m.eastern time.

If you would like to listen to Mr. Deaton'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 availablewithin 24 hours of the live presentation and will remain available throughSeptember 21, 2005. Use the 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


View the original article here

JPT Nanotechnology article - October

The magic of nanotechnology is on display in the form of a dull silver ball created by Baker Hughes.

What looks like solid metal is a composite that is light enough to flow through a well, strong enough to stand up to the impact and pressure associated with opening a sleeve on a multistage fracturing job, and then disappear when it is done.

The company is making 1,500 of the balls each week and based on customer calls, it could sell a lot more, said James King, director of applications engineering for sales and operations support at Baker Oil Tools, US Land. The company plans to increase sales, and add new products, but the supply of the material used to make the balls is limited.

Download the PDF to read more.

DOWNLOAD PDF (624.4 KB)

View the original article here

Baker Hughes to Present at the FBR Capital Markets 2009 Fall Investor Conference

HOUSTON, Nov 24, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Gene Shiels, Assistant Director, Investor Relations, will present at the FBR Capital Markets 2009 Fall Investor Conference in New York, NY, on December 1, 2009, at 2:20 p.m. eastern time.

If you would like to listen to the presentation during the conference, please log on to the following website: http://investor.shareholder.com/bhi/events.cfm. If you would like to listen to a replay of the panel, it will be available within 24 hours of the live presentation and will remain available through December 15, 2009. Use the same website address above to access the replay.

Forward-Looking Statements

The presentation referenced in this news release and any oral statements made in connection with the presentation may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934 as amended. Additional information and risk factors are contained in our Form 10-K for the fiscal year ended December 31, 2008 and other filings with the SEC about the risks and uncertainties that could cause actual results to be different than those in our presentation. The company's SEC filings can be viewed at www.bakerhughes.com. The company assumes no responsibility to 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 gas industry.

NOT INTENDED FOR BENEFICIAL HOLDERS

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

SOURCE Baker Hughes Incorporated

http://www.bakerhughes.com

Copyright (C) 2009 PR Newswire. All rights reserved


View the original article here

Baker Hughes to Present at Bank of America Merrill Lynch 2011 Global Energy Conference

HOUSTON, Nov. 11, 2011 /PRNewswire/ -- Baker Hughes (NYSE: BHI) announced today that Andy O'Donnell, Vice President and President, Western Hemisphere Operations, will present at the Bank of America Merrill Lynch 2011 Global Energy Conference in Miami, Florida, on November 15, 2011, at 2:50 p.m. Eastern time.  

If you would like to listen to the presentation during the conference, please log on to the following website:  http://investor.shareholder.com/bhi/events.cfm. If you would like to listen to a replay, it will be available within 24 hours of the live presentation and will remain available through November 29, 2011. Use the same website address above to access the replay.

Forward-Looking Statements

The presentation referenced in this news release and any oral statements made in connection with the presentation may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934 as amended. Additional information and risk factors are contained in our Form 10-K for the fiscal year ended December 31, 2010 and other filings with the SEC about the risks and uncertainties that could cause actual results to be different than those in our presentation.  The company's SEC filings can be viewed at www.bakerhughes.com. The company assumes no responsibility to update any of the information referenced in this news release.

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

SOURCE Baker Hughes


View the original article here

Petrobras' First Intelligent Completion System Goes To Baker Oil Tools

HOUSTON, TEXAS (October 2, 2000) Baker Oil Tools has been awarded Petrobras' first-ever Intelligent Completion System contract. Ultimately intended for the Brazilian operator's ultra-deepwater Roncador field, Baker Oil Tools InCharge Intelligent Well System was selected over other offerings due to its simplicity and all-electronic design, incorporating a one-penetration approach and a power-on-communications architecture that will require little to no retrofit of existing subsea trees. The first qualification deployment of the InCharge system will take place at Mossor, near Natal, Brazil, at the beginning of the next year.

"Baker Oil Tools is very excited to participate with Petrobras in this deepwater milestone," said Baker Oil Tools President Ed Howell. "The all-electronic InCharge system is an ideal fit with Petrobras' objectives of reliability and elimination of hydraulics from subsea dynamic systems," Howell commented.

All-electronic system enhances reliability

"For an intelligent completion system to deliver on its functionality, it must be engineered as an integral part of the completion system. This means a detailed focus on reliability in all phases of the implementation, from design through deployment, integration and commissioning," Howell explained. The InCharge all-electronic real-time monitoring and control system has been designed with all terminations, bypasses, feedthroughs, and splices engineered within reliable, conventional completion components. "This allows operators to achieve downhole monitoring and control without compromising proven completion designs and techniques," Howell said.

One aspect of the InCharge system that is particularly valuable to subsea operators is the single control line that penetrates packers and wellhead. Combining power transmission, command and control, and data transmission on a single, 1/4-inch penetration delivers simplicity without sacrificing functionality. From this control line, the operator can monitor and control up to 12 zones in a single well, and up to 12 wells from a single InCharge Surface Control System.

The InCharge system monitors real-time measurements of pressure, temperature and flow at the sandface level(s), in both the tubing and annulus. This enables the operator to manage production and/or injection conditions in real time, and to selectively control individual zonal flow rates, thereby allowing continuous well optimization in response to changing conditions downhole. Flow contribution can be properly allocated, water and gas breakthrough can be controlled, and multiple target zones can be pre-completed to be selectively brought onstream or shut off at will from the PC-based control system.

World's first electrical wet disconnect tool

Petrobras early 2001 qualification deployment of the InCharge system will employ the world's first downhole electrical disconnect/reconnect system. Based on Baker's hydraulic wet disconnect system (also a world first), the system enables downhole electrical connectivity that is compatible with proven hydraulic/mechanical techniques routinely used in state-of-the-art deepwater tubing space-out, expansion/contraction, and stress management systems.

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.

Baker Hughes (BHI, NYSE, PCX, EBS) is a leading supplier of reservoir-centered products, services, and systems to the worldwide oil and gas industry.


View the original article here

Baker Hughes Successfully Field Tests Industry's First Large-Diameter Sidewall Coring Tool

HOUSTON, TX - April 27, 2010 - Baker Hughes (NYSE: BHI) has successfully field tested the industry's first large-diameter sidewall coring tool offshore Brazil. The MaxCOR™ rotary sidewall coring tool was developed in response to an operator's request for 1.5-inch diameter core samples greater than two inches in length.

During the first field test, the client requested 90 cores throughout the reservoir. MaxCOR recovered 94 cores in four runs. During a subsequent field test at a second exploration area, Baker Hughes deployed MaxCOR to successfully complete a 54-core program in two runs.

"MaxCOR provides three times the volume of core compared to standard one-inch diameter sidewall coring tools. The higher core volumes provide better results when analyzing mechanical properties, relative permeability, compressibility, capillary pressure, electrical parameters and geomechanical properties," says Gary Cresswell, vice president of wireline systems for Baker Hughes. "More accurate measurement of these attributes helps operators better understand the reservoir."

Currently, MaxCOR is the only coring tool capable of recovering large-diameter core samples after a well is drilled to cover intervals either not cored with conventional coring operations or where conventional coring operations did not achieve 100-percent recovery. Plus, MaxCOR recovers a much larger core sample in the same time it takes to deploy conventional one-inch coring tools. Based on the successful field tests, Baker Hughes anticipates future applications of MaxCOR technology in markets characterized by complex reservoirs and higher-cost challenging operating environments.

# # #

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

Media Relations: Kathy Shirley, +1.713.439.8135, kathy.shirley@bakerhughes.com

Investor Relations: Gary R. Flaharty, +1.713.439.8039, gflaharty@bakerhughes.com

H. Gene Shiels, +1.713.439.8822, gene.shiels@bakerhughes.com


View the original article here