New Energy in Depth website consolidates shale information

Posted on 26 June 2013

A new Energy in Depth (EID) website has been launched that brings together EID’s various state and regional programs.

A new Energy in Depth (EID) website has been launched that brings together EID’s various state and regional programs and leverages social and digital media tools to engage and educate various stakeholders. ?“Back when we first launched EID, most reporters thought ‘hydraulic fracturing’ was an injury you got while water skiing, and I don’t even want to tell you what they thought ‘fracking’ was,” said Jeff Eshelman, VP of public affairs and communications for IPAA and executive VP of EID. “EID today is viewed by journalists, policymakers, the public and our industry colleagues as a critical, credible and timely source of news, views and research on all things shale. It’s our hope that the launch of this new online platform strengthens that reputation moving forward.”

With the launch of EID’s new web portal, several state and regional efforts are being consolidated into one program, and readers can filter and access content according to specific needs, broken down by state or region. The new EID site hosts state-specific tabs for Ohio, California, Illinois, Michigan and Texas, as well as regional pages for the Marcellus (Pennsylvania, New York and West Virginia) and the Mountain States (Colorado, Nevada, Montana and Utah). Additional tabs are expected in the coming months.

A new web-video series has also been launched to address and correct common and pervasive myths impacting the debate over the development of oil and natural gas from shale. The first video explains the truth behind the myth of high radon content in the Marcellus Shale, a talking point that opponents of a pipeline project in New York frequently cite as a reason to stop development. Additional videos in a similar format will be released on the website every couple weeks.

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BSEE to establish Ocean Energy Safety Institute for collaborative research, shared learning

Posted on 05 June 2013

The US Bureau of Safety and Environmental Enforcement (BSEE) will establish an independent Ocean Energy Safety Institute to further enhance safe and responsible operations across the offshore oil and gas industry. The institute will provide a forum for dialogue, shared learning and cooperative research among academia, government, industry and other non-government organizations in offshore-related technologies and activities that ensure safe operations with limited impact to the environment.

“The Institute will help federal regulators keep pace with new processes employed by the industry as they move into deeper water and deeper geologic plays that require technological innovation to bring projects into production,” Rear Admiral James Watson, director of BSEE, said. “I look forward to expanding the dialogue and engagement with additional stakeholders to identify and reduce risks to worker safety and the environment.” Interested applicants should register with the grants.gov website to submit an application.

The institute stems from a recommendation from the Ocean Energy Safety Advisory Committee (OESC), a federal advisory group comprised of representatives from industry, federal government agencies, non-governmental organizations and the academic community. The recommendation calls for establishing a body that will provide a program of research, technical assistance and education and serve as a center of expertise in oil and gas exploration, development and production technology. The institute will be an important source of unbiased, independent information and will not have any regulatory authority over the offshore industry.

“As offshore energy development becomes more complex, every effort should be made to make sure it is done ever more safely,” said Dr Thomas O. Hunter, chair of the OESC and former Sandia National Laboratory director. “The Institute provides a unique opportunity for all engaged parties to work together to identify and deploy technology that will make a real and enduring difference. The time is right and the opportunity is clear.”

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Noble Energy discovers natural gas in Levant Basin offshore Israel

Posted on 31 May 2013

Noble Energy has discovered natural gas at the Karish prospect offshore Israel. The discovery well was drilled to a total depth of 15,783 ft and encountered 184 ft of net natural gas pay in high-quality lower Miocene sands. The Karish well, located in the Alon C license approximately 20 miles northeast of the Tamar field, is in 5,700 ft of water. Discovered gross resources, combined with the de-risked resources in an adjacent fault block on the license, are estimated to range between 1.6 and 2.0 Tcf with a gross mean of 1.8 Tcf.

The Karish discovery is the fifth discovered field with an estimated gross mean resource size over 1 Tcf. It is also the seventh consecutive field discovery for Noble Energy and its partners in the Levant Basin. With the addition of Karish and the recent increase in resource estimates at Tamar and Leviathan, total discovered gross mean resources in the Levant Basin are now estimated to be approximately 38 Tcf.

Ensco’s Ensco 5006 semisubmersible drilled the Karish well and will relocate to Cyprus, where it is scheduled to spud an appraisal well at the Cyprus A discovery next month.

Noble Energy is the operator of the Alon C license with a 47.06 percent interest. Co-owners are Avner Oil and Delek Drilling each with a 26.47 percent interest.

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Noble Energy moves toward mixed fleet of LNG-dedicated, dual-fuel rigs

By Katherine Scott, associate editor

Dual-fuel kits on drilling rigs provide flexibility and carry a lower conversion cost than LNG-dedicated rigs, Bryant Dear, Noble Energy, said at 2013 IADC Drilling Onshore Conference in Houston on 16 May. However, the cost savings for dual-fuel engines are still to be determined, he added.

After a pilot program initiated in early 2011 to compare the use of LNG versus diesel to power drilling rigs, Noble Energy now has four dual-fuel rigs and one LNG-dedicated rig operating in the DJ Basin and the Marcellus. “It’s going to cost you to convert your rig to LNG. There’s a price tag to it, but we see that price tag being well worth it,” Sean Howley, senior business analyst for Noble Energy, said in a presentation at the 2013 IADC Drilling Onshore Conference in Houston on 16 May. “We actually think it will pay off in two years,” he said of the LNG-dedicated rigs. “After that, it’s all savings.”

During the pilot program, Noble Energy gathered 12 months of operating data on three rigs – two that were LNG-dedicated  and one running on diesel. The goal was to demonstrate the operational and economic viability of displacing diesel and powering the majority of Noble’s rigs with LNG, Bryant Dear, a co-presenter with Mr Howley, explained. Mr Dear is a drilling engineer in the DJ Basin for Noble Energy.

After evaluating the use of field gas and CNG, Noble decided that LNG would be the best option due to its higher energy density and consistent quality. There were also multiple options for turnkey providers, Mr Howley explained.

Sean Howley, Noble Energy, said at the conference on 16 May that his company is committed to using LNG for more operations going forward. Noble is currently building an LNG plant in Colorado to provide a closer fuel source.

Currently Noble has four fit-for-purpose dual-fuel rigs –Rigs 828 and 829 in the DJ Basin and Rigs 542 and 543 in the Marcellus, all from Precision Drilling. Although the cost savings that can be achieved for dual-fuel rigs are still “to be determined,” Mr Dear said, that is offset by a much lower conversion cost than LNG-dedicated rigs. Each of the four dual-fuel rigs is equipped with a GTI Altronics bi-fuel kit set up on three Caterpillar engines, he explained. “It’s too early to tell what our (fuel substitution) rates are, but we’re working to increase those as technology gets better and these systems get better… One thing we do know is you’ve got to displace as much diesel as possible (to achieve maximum cost savings).”

Mr Howley noted that Noble Energy’s commitment to LNG is such that the company is building an LNG plant in Weld County, Colo. “That’s going to bring our price much further down; it’s going to be an amazing option,” he continued. Not only does Noble plan to build a balanced portfolio of LNG-dedicated rigs and dual-fuel rigs, but the company is already expanding LNG applications to its frac fleet as well.

Noble currently has one frac engine running on a mix of LNG and diesel in the DJ Basin and plans to have another switch to dual fuels by June. “If we don’t need (the LNG) on a frac job, we can roll it over to one of our rigs. When we don’t need it on the rig, we can roll it over to a frac job. It provides some really nice synergies for us,” Mr Howley said.

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Energy Sector Business Development Account Manager (#771571258)

86575 - Accounts Payable Analyst
Our client is one of the world's largest energy companies employing over 80,000 personnel and operating in over 100 countries worldwide with expertise covering a range of energy sources.

They are currently recruiting for the position of Accounts Payable Analyst, based in Leatherhead.

86575 - Accounts Payable Analyst Our client is one of the world's largest energy companies employing over 80,000 personnel and operating in over 100 countries worldwide with expertise covering a range of energy sources. They are currently recruiting for the position of Accounts Payable Analyst, based in Leatherhead. Job Description Inputting vendor invoices into SAP, ensuring contractual compliance. Assisting with monthly payment performance reporting Maintaining scanned invoice archive in i-hub Running weekly and monthly payment performance reports Maintaining scanned invoice archive in i-hub Inputting of vendor invoices ensuring approved, allocated and paid in accordance with contractual terms onto SAP system and invoice register/tracking Follow SAP monthly reporting requirements Provide accounting information necessary to facilitate the formal closing out of contracts, service orders and other miscellaneous commitments Liaise with Cost Department and Maximo Administrator to ensure funds are available for invoice payment Liaise with Vendor representatives to resolve any invoice queries/ rejections that may arise Develop and maintain co-operative relationship with key contacts such as vendors, Verifiers/Approvers, BROs and user departments. Ensure notifications are forwarded to F&C, Baku advising of changes to vendor bank details. Liaise with Contracts team on all contractual matters. Filing invoices for scanning purposes Send remittance to vendors when requested Running Spends reports as and when requested Skills & Experience Considerable relevant experience of Accounts Payable functions Strong IT skills, in particular excel Good communicator - written and oral A team player SAP experience essential Strong interpersonal and organisational skills Team player with a positive attitude This is a contract position. The rate for this position is negotiable. If you feel that you are well suited to the above opportunity and would like to find out more then please contact Orion Group for more information or apply by forwarding your current CV quoting reference 86575. Orion Group currently supplies over 3,500 personnel in roles including Oil & Gas, Renewables, Power & Utilities, Construction, Mining, Rail, Aerospace, IT & Telecoms, Office and Commercial. With 29 offices worldwide, Orion Group operate in the UK and internationally and in January 2009, were named the UK's number one for engineering recruitment.

Negotiable

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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 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

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Baker Hughes to Present at the Wells Fargo Securities MLP Pipeline and E&P, Energy Services & Utility Symposiums

HOUSTON, Dec 03, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Peter Ragauss, Senior Vice President and Chief Financial Officer, will present at the Wells Fargo Securities MLP Pipeline and E&P, Energy Services & Utility Symposiums in New York, NY on December 9, 2009, at 8:00 a.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 23, 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

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Baker Hughes to Present at the Bank of America 2008 Energy Conference

HOUSTON, Nov 06, 2008 /PRNewswire via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Martin Craighead, Group President, Drilling & Evaluation, will present at the Bank of America 2008 Energy Conference in Key Biscayne, Florida, on Thursday, November 13, 2008 at 10:00 a.m. eastern time.

If you would like to listen to Mr. Craighead's 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 presentation, it will be available within 24 hours of the live presentation and will remain available through November 27, 2008. 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, 2007 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 http://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,

completion and production products and services to the worldwide oil and gas

industry. NOT INTENDED FOR BENEFICIAL HOLDERS Contacts: Gary R. Flaharty (713) 439-8039 H. Gene Shiels (713) 439-8822

SOURCE Baker Hughes Incorporated

http://www.bakerhughes.com

Copyright (C) 2008 PR Newswire. All rights reserved

News Provided by COMTEX

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Baker Hughes to Present at the 2007 Deutsche Bank Energy & Utilities Conference

HOUSTON, May 7 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated(NYSE: BHI) announced today that Peter A. Ragauss, Chief Financial Officer andSenior Vice President of Baker Hughes Incorporated will present at the 2007Deutsche Bank Energy & Utilities Conference in Miami, FL, on Wednesday,May 30, 2007 at 8:20 a.m. eastern time.

If you would like to listen to Mr. Ragauss'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 throughJune 13, 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 Form10-K for the fiscal year ended December 31, 2006 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

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 Hughes to Present at the Credit Suisse 2009 Energy Summit

HOUSTON, Jan 27, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that David Barr, Group President, Completion & Production, will present at the Credit Suisse 2009 Energy Summit in Vail, Colorado, on Thursday, February 5, 2009 at 11:30 a.m. eastern time.

If you would like to listen to Mr. Barr's 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 presentation, it will be available within 24 hours of the live presentation and will remain available through February 19, 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, 2007 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, completion and production products and services to the worldwide oil and gas industry.

NOT INTENDED FOR BENEFICIAL HOLDERS

Contacts: Gary R. Flaharty (713) 439-8039 H. 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 Credit Suisse 2012 Energy Summit

VAIL, Colo., Feb. 1, 2012 /PRNewswire/ -- Baker Hughes (NYSE: BHI) announced today that Peter Ragauss, Senior Vice President and Chief Financial Officer, will present at Credit Suisse 2012 Energy Summit in Vail, Colorado, on February 7, 2012, at 10:45am 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 February 21, 2012. 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, 2011 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

Baker Hughes to Present at the Howard Weil 35th Annual Energy Conference

HOUSTON, March 21 /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 Howard Weil 35thAnnual Energy Conference in New Orleans, Louisiana, on Tuesday, April 3, 2007at 9:30 a.m. eastern time.

This event will not be Webcast; however, the presentation will beavailable on our website the day of the event. Please log on tohttp://www.bakerhughes.com/investor/resources/presentations.htm to access.

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, 2006 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

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

Geothermal Energy Production - Connexus

Today, there is more interest than ever in geothermal power. A 2010 report by the Geothermal Energy Association called “Geothermal Energy: International Market Update” states that both the number of countries producing geothermal power and the total worldwide geothermal power capacity under development appear to be increasing significantly.

The report found that between 2005 and 2010, Germany was the fastest growing geothermal power producer in the world with a whopping 2,774 percent increase in installed megawatt capacity.

Increased awareness of “clean” energy to reduce CO2 emissions, concern over continued world oil production and rising costs of energy exports are all helping to expand Germany’s renewable energy market. But perhaps the biggest driver powering the growth is the country’s Renewable Energy Sources Act—a very ambitious plan to replace 30 percent of the total electricity consumption in Germany with renewable energy by 2030. By 2050, the goal is 60 percent.

Germany announced its new energy goals at the end of the last millennium and today is one of the leading industrial nations in the renewable energy sources sector, according to the country’s Federal Ministry for the Environment, Nature Conservation and Nuclear Safety.

Helping fuel this trend toward climate-friendly energy are government incentives in the form of grants to industries and universities to research and develop enhanced geothermal technologies, and 20-year fixed feed-in tariffs to power plant operators that give priority to electricity that comes from renewable energy sources, such as geothermal—making higher risk and higher cost projects more feasible.

This increase in geothermal drilling and production has made geothermal the fastest growing business for Baker Hughes in continental Europe. Plus, with the Baker Hughes Center of Excellence for geothermal and high-temperature research and development in Celle, Germany, the company is well positioned to support the growing demand for products and services, as well as the government’s ambitious target.

Download the PDF to read more.

DOWNLOAD PDF (581.4 KB)

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Baker Hughes to Present at Howard Weil Energy Conference

HOUSTON, March 26, 2012 /PRNewswire/ -- Baker Hughes (NYSE: BHI) announced today that its President and CEO Martin Craighead will be presenting on March 27, 2012, at the Howard Weil Energy Conference in New Orleans, Louisiana. The presentation materials are available on the "Events & Presentations" page at:  www.bakerhughes.com/investor.  

Baker Hughes is a leading supplier of oilfield services, products, technology and systems to the worldwide oil and natural gas industry. The company's 57,000-plus employees today work in more than 80 countries helping customers find, evaluate, drill, produce, transport and process hydrocarbon resources. For more information on Baker Hughes' century-long history, visit www.bakerhughes.com.

Forward Looking Statements:

This news release (and oral statements made regarding the subjects of this release) contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, (each a "forward—looking statement"). The words "anticipate," "believe," "ensure," "expect," "if," "intend," "estimate," "project," "forecasts," "predict," "outlook," "aim," "will," "could," "should," "potential," "would," "may," "probable," "likely," and similar expressions, and the negative thereof, are intended to identify forward—looking statements. There are many risks and uncertainties that could cause actual results to differ materially from our forward-looking statements. These forward-looking statements are also affected by the risk factors described in the company's Annual Report on Form 10-K for the year ended December 31, 2011 and those set forth from time to time in other filings with the Securities and Exchange Commission ("SEC"). The documents are available through the company's website at http://www.bakerhughes.com/investor or through the SEC's Electronic Data Gathering and Analysis Retrieval System (EDGAR) at http://www.sec.gov. We undertake no obligation to publicly update or revise any forward—looking statement.

CONTACTS:

Media Relations:         Teresa Wong, +1.713.439.8110, teresa.wong@bakerhughes.com
Investor Relations:      Adam Anderson, +1.713.439.8039, adam.anderson@bakerhughes.com

SOURCE Baker Hughes

View the original article here

Baker Hughes to Present at the Goldman Sachs Global Energy Conference 2007

HOUSTON, Jan. 2 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated(NYSE: BHI) announced today that Matt Pye, vice president - businessdevelopment, North America, will be a panelist at the Goldman Sachs GlobalEnergy Conference 2007 in New York, NY, on Wednesday, January 17, 2007 at11:00 a.m. eastern time. This event will not be Webcast nor is a formalpresentation available.

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, 2005 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

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

View the original article here

Baker Hughes to Present at Banc of America Securities 2004 Energy & Power Conference

HOUSTON, Nov. 9 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated(NYSE: BHI) announced today that Chad C. Deaton, Baker Hughes' chairman andchief executive officer, will present at the Banc of America Securities 2004Energy & Power Conference in Lake Las Vegas, Nevada on Tuesday,November 16, 2004 at 10:10 a.m., pacific time. A copy of Mr. Deaton'spresentation will be available athttp://www.bakerhughes.com/investor/resources/presentations.htm within24 hours of the presentation.

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 availableimmediately after the live broadcast and archived through Friday,December 3, 2004. 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 ourForm 10-K for the fiscal year ended December 31, 2003 and other filings withthe SEC about the risks and uncertainties that could cause actual results tobe different 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

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

HOUSTON, Nov. 5, 2010 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Peter Ragauss, Senior Vice President and Chief Financial Officer, will present at Bank of America Merrill Lynch Global Energy Conference in Miami, FL, on November 11, 2010, at 9:45 a.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.

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, 2009 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, pressure pumping, formation evaluation, completion and production products and services to the worldwide oil and gas industry.

Gary R. Flaharty, +1.713.439.8039, gflaharty@bakerhughes.com

SOURCE Baker Hughes Incorporated

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Baker Hughes Acquires Equity Stake in Verdande Energy

HOUSTON, Sept. 1, 2011 /PRNewswire/ -- Baker Hughes (NYSE: BHI) and Verdande Technology AS announced today that a subsidiary of Baker Hughes has acquired a minority equity stake in Verdande Energy AS, a subsidiary of Verdande Technology AS, and will become a user of Verdande Technology's case-based reasoning (CBR) software platform for oil and gas applications.

This CBR technology, called DrillEdge™, is a real-time intervention tool constructed on the principle of case-based reasoning, a problem-solving process that identifies similar issues from relevant wells drilled in the past and offers similar solutions. This immediate intervention-while-drilling response provides a thorough, fast and practical real-time bridge between past experience and current operations. Under the terms of the agreement, Baker Hughes will be involved in further developing the capabilities.

"The DrillEdge platform is expected to help operators lower risk, increase their rate of penetration and reduce non-productive time while drilling," says Scott Schmidt, president of Drilling and Evaluation for Baker Hughes. "Integrating this capability into our portfolio of real-time optimization and remote drilling services complements our BEACON remote operations platform. The technology is expected to help our customers expand their understanding of their wells without increasing their workload as they continue to drill more demanding and technically challenging wells."

"This strategic arrangement delivers immense benefits to our customers seeking to improve drilling performance and drive operational efficiencies by joining our technology with Baker Hughes' extensive network," says Lars Olrik, chief executive officer of Verdande Technology. "It helps a small company like ours strengthen its place in the market, access a global support and operational network and further develop the technology at a more rapid pace."

About Baker Hughes

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

About Verdande Technology

Verdande Technology AS was founded in 2004 by a group of professors and students at the Norwegian University of Science and Technology (NTNU) in Trondheim. The technological platform for the products use the so-called CBR methodology (case-based reasoning), and is based on research from NTNU. Verdande Technology is headquartered in Trondheim, Norway, with regional offices in Houston, Texas. The company remains privately funded by Statoil Venture/ProVenture Seed AS, Investinor, founders and employees. DrillEdge technology is a trademark of Verdande Technology AS.

Forward-Looking Statement

This news release (and oral statements made regarding the subjects of this release) contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (each a "Forward-Looking Statement"). The word "will," "expected," and similar expressions are intended to identify forward-looking statements. There are many risks and uncertainties that could cause actual results to differ materially from our forward-looking statements, including successful further development of the DrillEdge platform and the successful integration of the DrillEdge platform with other Baker Hughes products and services. These forward-looking-statements are also affected by the risk factors described in the company's Annual Report on Form 10-K for the year ended Dec. 31, 2010; the company's subsequent quarterly reports on Form 10-Q for the quarterly periods ended Mar. 31, 2011 and Jun. 30, 2011; and those set forth from time to time in our other filings with the Securities and Exchange Commission. We undertake no obligation to publicly update or revise any forward-looking statement.

SOURCE Baker Hughes

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Baker Hughes to Present at the 2008 Deutsche Bank Energy & Utilities Conference

HOUSTON, May 23, 2008 /PRNewswire via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Chris Beaver, Vice President and President, Baker Oil Tools, will present at the 2008 Deutsche Bank Energy & Utilities Conference in Miami, FL, on Wednesday, May 28, 2008 at 3:40 p.m. eastern time.

If you would like to listen to Mr. Beaver's 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 presentation, it will be available within 24 hours of the live presentation and will remain available through June 11, 2008. 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, 2007 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 http://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, completion and production products and services to the worldwide oil and gas industry.

NOT INTENDED FOR BENEFICIAL HOLDERS Contacts: Gary R. Flaharty (713) 439-8039 H. Gene Shiels (713) 439-8822

SOURCE Baker Hughes Incorporated

http://www.bakerhughes.com

Copyright (C) 2008 PR Newswire. All rights reserved

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