WindowMaster<font size="-1">^&#8482</font> System Enables the World's First Commercial Re-Entry Expandable Liner

HOUSTON, TEXAS (May 8, 2003) - Baker Oil Tools' WindowMaster™ one-trip window cutting system was a key enabler for a recent successful expandable liner installation for Kerr-McGee Oil & Gas Corp. in the East Breaks Gulf of Mexico field.

Baker Oil Tools' WindowMaster™ System was chosen over the alternatives because of its proven reliability with over 4,000 successful jobs. Using the renowned METAL MUNCHER™ cutting structure, the whipstock system was able to create a full length, full gauge, quality window at the optimum build rate through 9-5/8 in. 53.5 lb. casing. This performance was critical to the successful deployment of the 7-5/8 in. solid expandable liner that was run through the casing exit.

"Expandable tubulars can be sensitive to severe doglegs and longitudinal scratches in the material," said Steve Sparling, Kerr-McGee Oil & Gas Deepwater Drilling Engineer. "A clean window is extremely important during the deployment and expansion process. For our project, this window was so clean, there was no indication of a window at all."

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Baker Oil Tools Introduces Tension Cut and Pull Subsea Wellhead Retrieval System

HOUSTON (February 13, 2003) - The new Baker Oil Tools Tension Cut and Pull Subsea Wellhead Retrieval System can save hundreds of thousands of dollars by reducing the number of trips needed to recover intermediate casing strings and wellhead from the seabed.

The Baker Oil Tools Tension Cut and Pull Subsea Wellhead Retrieval System can engage any manufacturer's wellhead, cut conductors in tension, and recover the wellhead from the seabed in a single trip.

"With the costs of deepwater operations, any opportunity to improve efficiencies without increasing risk is welcome," said Baker Oil Tools Fishing Product Line Manager James Sonnier. "Deepwater operators can reduce the number of trips and save rig time and operating expenses with the Tension Cut and pull Subsea Wellhead Retrieval System."

Besides bringing improved efficiency to deepwater operations, the Baker Oil Tools Tension Cut and Pull Subsea Wellhead Retrieval System is reliable and safe. The system uses all hydraulically operated components and requires no motors and no explosives, which means decreased risk and reduced damage to the subsea habitat.

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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 Fractures its First Unconventional Shale Well in Argentina

HOUSTON, TEXAS - July 26, 2011 - Baker Hughes (NYSE: BHI) announced it has completed its first unconventional hydrocarbon shale hydraulic fracturing and stimulation project in Argentina for YPF in the Neuquén basin.

The multistage fracturing operation was performed using over 12,000 hydraulic horsepower and a total fluid volume exceeding 7,000 cubic meters. Baker Hughes also provided coiled tubing services for the project. The firm was awarded the job based on its capabilities and performance in unconventional hydrocarbon plays.

YPF is currently evaluating the well results to determine the potential for expanding its operations. Several operators are developing and executing exploration plans in Argentina's unconventional hydrocarbon plays. Currently, Baker Hughes has the largest available hydraulic fracturing horsepower capability in Argentina and is well positioned with assets, people and technology to support the growing unconventional hydrocarbon activity.

"While the bulk of unconventional shale activity has been in the U.S., interest in shale plays in other parts of the world are beginning to expand and indications are that Argentina will be a promising area for international success," says Rod Larson, president of Latin American operations for Baker Hughes. "We are positioning our operations in Latin America to support this new market and we are leveraging our capabilities and lessons learned in the U.S. to help operators in Argentina develop the country's unconventional resources." Baker Hughes has been active in Argentina for more than 50 years.

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

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

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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

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Baker Hughes Announces October 2004 Rig Counts

HOUSTON, Nov 5, 2004 /PRNewswire-FirstCall via COMTEX/ -- Baker Hughes Incorporated(NYSE: BHI) announced today that the international rig count for October 2004was 842, down 24 from the 866 counted in September 2004, and up 52 from the790 counted in October 2003. The international offshore rig count forOctober 2004 was 234, down one from the 235 counted in September 2004, and uptwo from the 232 counted in October 2003.

The US rig count for October 2004 was 1,240, unchanged from the 1,240counted in September 2004 and up 138 from the 1,102 counted in October 2003.The Canadian rig count for October 2004 was 372, up 99 from the 273 counted inSeptember 2004 and down 22 from the 394 counted in October 2003.

The worldwide rig count for October 2004 was 2,454, up 75 from the 2,379counted in September 2004 and up 168 from the 2,286 counted in October 2003.

October 2004 Rotary Rig Counts October 2004 September 2004 October 2003 ---------------- --------------- -------------- Land OS Total Var. Land OS Total Land OS Total ------------------------------------------------------------------------ Europe 30 40 70 7 28 35 63 36 44 80 Middle East 205 30 235 (13) 214 34 248 182 27 209 Africa 34 13 47 (2) 33 16 49 33 18 51 Latin America 230 66 296 2 231 63 294 201 65 266 Asia Pacific 109 85 194 (18) 125 87 212 106 78 184 International 608 234 842 (24) 631 235 866 558 232 790 United States 1,145 95 1,240 0 1,149 91 1,240 996 106 1,102 Canada 369 3 372 99 270 3 273 391 3 394 North America 1,514 98 1,612 99 1,419 94 1,513 1,387 109 1,496 ------------------------------------------------------------------------ Worldwide 2,122 332 2,454 75 2,050 329 2,379 1,945 341 2,286 ======================================================================== October 2004 Workover Rig Counts October 2004 Var. September 2004 October 2003 ------------------------------------------------------------------------- United States 1,329 36 1,293 1,132 Canada 721 100 621 373 ------------------------------------------------------------------------- North America 2,050 136 1,914 1,505 =========================================================================

About the Baker Hughes Rig Counts

The Baker Hughes Rotary Rig Counts are counts of the number of drillingrigs actively exploring for or developing oil or natural gas in the UnitedStates, Canada and international markets. Baker Hughes has issued the rotaryrig counts as a service to the petroleum industry since 1944, when Hughes ToolCompany began weekly counts of US and Canadian drilling activity. Hughesinitiated the monthly international rig count in 1975. In 1987, Baker OilTools began its monthly workover rig count.

North American rig count data is scheduled to be released at noon centraltime on the last working day of each week. The international rig count andNorth American workover rig counts are scheduled to be released on the 5thworking day of the month. Additional detailed information on the Baker Hughesrig counts are available from our website athttp://www.bakerhughes.com/investor/rig .

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

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

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Saudi Aramco Awards Baker Hughes Contract for Coiled Tubing Drilling Systems

HOUSTON, TEXAS – February 25, 2010 – Saudi Aramco has awarded Baker Hughes (NYSE: BHI) a two-year contract for two fit-for-purpose underbalanced coiled tubing drilling packages designed to re-enter existing wells in the gas fields of southern Saudi Arabia. Baker Hughes will provide project management oversight and downhole drilling and completion services, including CoilTrak™, a steerable drilling system deployed on coiled tubing.

The contract has an option for a one-year extension and operations are set to begin in the second quarter of 2010. Saudi Aramco plans to re-enter existing wells and drill horizontally into untapped reservoir sections. The horizontal wells will be drilled underbalanced to minimize damage to the reservoir, which is critical to overall reserve recovery.

In addition to CoilTrak, Baker Hughes will deploy its newly developed rib-steering motor, designed specifically for coiled tubing applications. This motor technology allows for more precise reservoir navigation and wellbore quality, enabling longer horizontal laterals and enhanced reservoir penetration. The drilling package will feature drill bits specially designed for increased durability, which is necessary to handle this project's highly challenging formations while providing extreme dogleg capabilities and minimal vibration. Industry-leading slimhole, through-tubing casing exit and fishing completion technology also are part of the downhole package and is key for successful completion of these wells.

"This is an important award for Baker Hughes," notes Khaled Nouh, president of Baker Hughes, Middle East. "The contract will allow us to demonstrate our project management capabilities, both in the Kingdom of Saudi Arabia and in the wider Middle East region, on a very important project for Saudi Aramco. We will be drilling underbalanced dry gas zones, which are in high demand to supply Saudi Arabia's local gas market."

Rusty McNicoll, Baker Hughes vice president of integrated operations, says, "By integrating Baker Hughes' technology, as well as other innovations in the market, we were able to offer Saudi Aramco a total technical solution that promises significant efficiency gains. We are anxious to begin work on this project where we will manage a total Baker Hughes solution along with third parties, including the drilling rig supplier."

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

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

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