Company Profile
Baker Hughes, Inc.
Company Overview
Baker Hughes Incorporated
Baker Hughes provides the worldwide oil and natural gas industry products and services for drilling, formation evaluation, completion and production. We create value for oil and gas producers by providing advanced, reliable technology to find, develop, produce and manage oil and gas reservoirs. We also provide reservoir engineering and other consulting services. Baker Hughes operates in over 90 countries serving independent, international and national oil companies.
Baker Hughes is the only major oilfield service company structured around strong product-line divisions that are focused on Best-in-Class products and services. Our divisions are organized in two segments -- Drilling & Evaluation and Completion & Production -- which share common opportunities in developing and delivering technology solutions during distinct phases of oil and gas development.
Our newly-formed Reservoir Technology and Consulting Group includes two consulting firms – Gaffney, Cline & Associates and GeoMechanics International – that provide technical and commercial consulting, with unique capabilities in reservoir engineering and geomechanics.
Drilling & Evaluation
Our Drilling & Evaluation segment includes divisions that apply their products and services primarily during the drilling process to improve efficiency, reduce risk and acquire accurate information. The segment includes Baker Atlas, Baker Hughes Drilling Fluids, INTEQ and Hughes Christensen.
Baker Atlas
Baker Atlas offers a complete range of downhole well logging services for every environment including advanced formation evaluation, production and reservoir engineering, petrophysical 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.
Baker Hughes Drilling Fluids
Baker Hughes Drilling Fluids provides fluids systems and services that help optimize the drilling and completion processes, maximize hydrocarbon production and manage drilling waste. Leading technologies include environmentally compliant water-based and synthetic-based mud systems and remediation fluids that can restore productivity from damaged wells.
INTEQ
INTEQ provides real-time services to help oil companies drill more efficiently, evaluate geologic formations, and place wells in productive zones within the reservoir. Important technologies include automated rotary steerable directional drilling systems, high performance drilling motors, and integrated logging-while-drilling assemblies. INTEQ also provides data communications, data management and expert centers to improve drilling operations and enhance formation evaluation.
Hughes Christensen
Hughes Christensen is the leader in Tricone™ and PDC drill bit, ream-while-drilling and casing drilling technology. Hughes Christensen application and design engineers work with customers to provide the best drill bit for the application to continuously improve drilling performance.
Completion & Production
Our Completion & Production segment includes divisions that apply their products and services primarily during the well completion, field production, transportation and refining processes. The segment includes Baker Oil Tools, Baker Petrolite, Centrilift, and the Production Optimization business unit.
Baker Oil Tools
Baker Oil Tools provides completion and intervention solutions that help manage cost and reduce risk while optimizing production. The division has a comprehensive line of completion systems, which maximize performance and safety from the reservoir to the surface. Wellbore intervention solutions address issues ranging from temporary well abandonment and fishing to casing exits, wellbore cleaning, and isolation, remediation and stimulation operations.
Baker Petrolite
Baker Petrolite provides chemical technology solutions for hydrocarbon production, transportation and processing, and also delivers pipeline integrity services. Baker Petrolite is a leader in oil/water separation technology and in solutions to control corrosion, deposition, bacteria and H2S in producing wells and production facilities. To serve refinery and petrochemical customers, Baker Petrolite provides chemicals and technical support to enhance plant processes, improve productivity, manage water treatment, and resolve environmental issues.
Centrilift
Centrilift provides artificial lift systems, including electric submersible pumps (ESP) and progressive cavity pump systems, as well as specific engineering, project management and well monitoring services. Centrilift has expanded the applications for ESP systems to harsh downhole environments that include high gas to oil ratio, heavy oil, high temperatures and abrasive laden fluids. New systems also address the needs of coalbed methane and subsea production.
ProductionQuest
Baker Hughes formed its ProductionQuest business unit to provide technology and services that help maximize recovery from both new and mature fields. The unit provides production optimization services centered on the well bore, including permanent monitoring, chemical automation, intelligent production systems, and consulting services. The unit also includes the Baker Hughes Integrated Operations group, which manages projects and combines technologies and services from Baker Hughes divisions and subcontractors to meet customer objectives for both well construction and production optimization.
Reservoir Technology and Consulting
Baker Hughes recently formed the Reservoir Technology and Consulting Group to enhance the company's capabilities in reservoir engineering, geomechanics and energy consulting services. The group currently includes Gaffney, Cline & Associates and Geomechanics International, Inc., which continue to operate as stand-alone consulting firms.
Gaffney Cline & Associates
Gaffney Cline & Associates is an international advisory firm focused on providing integrated technical and managerial services to all sectors of the oil and gas industry. For more than 45 years GCA has provided strategic and detailed advice aimed at achieving practical and commercially viable results. In addition to reservoir engineering, GCA advises a wide group of clients in exploration, reservoir evaluation, field development, drilling and production, pipeline, refining and LNG projects throughout the world.
GeoMechanics International
GeoMechanics International is a leader in consulting, training and software in the field of geomechanics and its application to oil and gas reservoirs. GMI was founded in 1996 by a team of experts from Stanford University's Department of Geophysics, and each of its consultants is a recognized leader in the field of geomechanics. GMI methods are focused on applying geomechanics modeling to the entire life of a reservoir and are based on 20 years of R&D and more than 12 years of practical application to oilfield problems. These methods have been proven to reduce exploration risk, save Non-Productive Time (NPT) and help increase production and recoverable reserves.
Company History
Baker Hughes is the combination of many innovative companies that have developed and introduced technology to serve the petroleum service industry. Their combined history dates back to the early 1900s.
In 1907, Reuben C. Baker developed a casing shoe that revolutionized cable tool drilling. In 1909, Howard R. Hughes, Sr. introduced the first roller cutter bit that dramatically improved the rotary drilling process. Over the next eight decades, Baker International and Hughes Tool Company became worldwide leaders in well completions, drilling tools and related services. The two companies merged in 1987 to form Baker Hughes Incorporated.
During its history, Baker Hughes has acquired and assimilated numerous oilfield pioneers including: Brown Oil Tools, CTC, EDECO, and Elder Oil Tools (completions); Milchem and Newpark (drilling fluids); EXLOG (mud logging); Eastman Christensen and Drilex (directional drilling and diamond drill bits); Teleco (measurement while drilling); Tri-State and Wilson (fishing tools and services); Aquaness, Chemlink and Petrolite (specialty chemicals), Western Atlas (seismic exploration, well logging).
Baker Hughes has seven divisions that are organized in two segments: the Drilling and Evaluation segment and the Completion and Production segment. Our divisions serve the worldwide petroleum industry by providing best-in-class products and services used within oil and gas wells, pipelines and refineries.
Notable Accomplishments / Recognition
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Benefits
Company Benefits
Baker Hughes makes a commitment to the success of each individual team member. We offer benefits to chart your career path such as training, specialty assignments, cross-functional team projects, and much more. Additionally, Baker Hughes offers you the flexibility—and opportunities—you need to achieve your career goals.
Our team-oriented environment gives you the small-company feel with the advantages offered in working with a large organization—stability, financial strength, and career opportunities to name a few. We recognize the important role our employees play in our success as a company and we work to ensure that opportunities are available and that employees have the tools necessary to succeed.
We acknowledge that while the intangible benefits are important, employees also seek peace of mind for themselves and their families. Where local laws allow, Baker Hughes offer benefits to give you and your family that peace of mind. With a range health and financial benefits offered by the Company, from health coverage to retirement savings, you can rest assured that Baker Hughes is committed to the well being and security of you and your family.
Competitive cash compensation
Health & Welfare Benefits
Financial Benefits
Retirement Savings
Employee Stock Purchase
Work-Life Balance
Other Benefits
This total rewards package is designed to continue attracting high performers to Baker Hughes. Our philosophy is that high performing employees deserve high performing rewards. While our benefits vary from country to country, Baker Hughes' investment in each and every employee extends far beyond a paycheck.