Showing posts with label Services. Show all posts
Showing posts with label Services. Show all posts

Thursday, April 12, 2012

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


View the original article here

Friday, March 23, 2012

Baker Hughes to Present at EnerCom's Oil & Services Conference

HOUSTON, Feb 09, 2009 /PRNewswire via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Gene Shiels, Assistant Director, Investor Relations, will present at EnerCom's Oil & Services Conference in San Francisco, California, on Thursday, February 19, 2009 at 11:25 a.m. eastern time (8:25 a.m. pacific).


If you would like to listen to Mr. Shiels' 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 March 5, 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

Thursday, March 22, 2012

Baker Hughes Adds Hydrocarbon Prediction Software to its Consulting Services

HOUSTON, TEXAS - May 5, 2011 - Baker Hughes (NYSE: BHI) announced today that it will integrate FaultSeal's FaultRisk™ software into its portfolio of reservoir consulting services. The Baker Hughes reservoir consulting group has worked with FaultRisk software developer FaultSeal for two years. In producing regions where its use has been calibrated, FaultRisk has provided a high level of accuracy in predrill studies to predict gas, water and oil/water contacts as well as associated hydrocarbon columns.


"FaultRisk improves the accuracy and utility of geomechanical pore pressure and fault leakage predictions," comments Dr. Chris Ward, vice president of reservoir consulting for Baker Hughes. "One of the key uncertainties for exploration drilling is the size of the hydrocarbon column that will be intersected by a well. Using FaultRisk, we can assess and manage that risk much more successfully in a timely and cost-effective manner."


When the hydrocarbon column is larger than expected, mud weight predictions may be inaccurate. Conversely, if the hydrocarbon column is smaller than expected, there are issues of formation damage for an accumulation that may be economically marginal. FaultRisk enables users to manage this scenario and its associated risks and costs. In addition, understanding where hydrocarbons are prior to drilling is vital for safe drilling and cost-effective well planning. During well planning, FaultRisk provides the added benefit of accurate fluid contacts prediction and, most important, sound assessment of the uncertainty.


FaultRisk adds robust capabilities to Baker Hughes' reservoir software portfolio. Baker Hughes also offers JewelSuite™ geomechanical modeling software and MFrac™ fracture simulation software.


"The addition of FaultRisk to our portfolio will give our clients a significant advantage when they are planning wells on a marginal, fault-bounded prospect or when they are designing step-out wells," Ward says. "With the support of experts at FaultSeal, we are rolling out the use of FaultRisk to our consultants worldwide."


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 FaultSeal
The FaultSeal team is an international group of professional geoscientists, IT specialists, and support staff dedicated to providing the best consulting and software tools to help analyze the impact of fault seal on a reservoir.


Media Relations: Kathy Shirley, +1.713.439.8135, kathy.shirley@bakerhughes.com
Investor Relations: Gary R. Flaharty, +1.713.439.8039, gflaharty@bakerhughes.com


View the original article here

Baker Petrolite Launches SureCleanSM Services for Refineries and Petrochemical Plants

SUGAR LAND, TX – May 23, 2006 – Baker Petrolite has launched a new industrial cleaning services offering at the 2006 NPRA Reliability and Maintenance Conference in San Antonio, Texas.

The new SureCleanSM Services expand Baker Petrolite’s existing chemical cleaning capabilities to refineries and petrochemical plants by adding cleaning job engineering support and turnkey cleaning and degassing services. The cleaning services remove deposits and clear hydrocarbon vapors to ensure fast and safe vessel entry. Baker Petrolite plans to initially offer the new services to customers in North America, Europe and Asia/Pacific regions.

“SureClean Services offer significant savings of time and expense on plant turnaround maintenance as a result of our unit-specific cleaning procedures, proven chemical cleaning products and environmentally sound cleaning waste processing procedures,” explained Jerry Basconi, the Vice President and General Manager of the Baker Petrolite Downstream Industrial group. “Our experienced cleaning teams help assure safe, on-time vessel entry so that turnaround schedules can be met or even shortened. Post-project follow up services are also provided, all backed by a global hydrocarbon industry service company with a proven record of safety, integrity, and performance.”


Baker Petrolite is the specialty chemicals division of Baker Hughes Incorporated. Baker Hughes is a leading provider of drilling, formation evaluation, completion and production products and services to the worldwide oil and gas industry. ###


CONTACT:
Baker Petrolite, Communications Services
Susan Bourgain, 281 275 7253
susan.bourgain@bakerpetrolite.com


Baker Petrolite, Marketing
Scott A. Bieber, 281 275 7490
scott.bieber@bakerpetrolite.com


SureClean Services are not available in the UK


View the original article here