713.439.8600

Baker Hughes Incorporated
17021 Aldine Westfield
Houston, Texas 77073

Alondra Oteyza

Director, Investor Relations

713.439.8822

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06/12/17Baker Hughes and GE Reach Agreement with DOJ to Complete Proposed Transaction
HOUSTON--(BUSINESS WIRE)--Jun. 12, 2017-- Baker Hughes Incorporated (NYSE:BHI) and General Electric Company (NYSE:GE) announced today that they have reached an agreement with the Department of Justice that would allow the parties to complete their proposed transaction under U.S. law. Today’s milestone represents significant progress toward creating an oil and gas productivity leader positioned to deliver value for customers, employees and shareholders. ... 
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06/07/17Baker Hughes Announces May 2017 Rig Counts
HOUSTON--(BUSINESS WIRE)--Jun. 7, 2017-- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for May 2017 was 957, up 1 from the 956 counted in April 2017, and up 2 from the 955 counted in May 2016. The international offshore rig count for May 2017 was 202, up 1 from the 201 counted in April 2017, and down 27 from the 229 counted in May 2016. The average U.S. rig count for May 2017 was 893, up 40 from the 853 ... 
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06/05/17Baker Hughes and GE Announce Executive Leadership Team for Baker Hughes, a GE Company
HOUSTON – June 05, 2017 – Baker Hughes Incorporated (NYSE:BHI) and General Electric Company (NYSE:GE) today announced the executive team that will lead Baker Hughes, a GE Company upon closing of their proposed transaction to combine GE’s Oil & Gas business with Baker Hughes. The combined executive team, which has considerable experience, deep expertise and will drive global impact, will be as follows: Lorenzo Simonelli, President & CEO Maria Claudia Borras, President & CEO, Oilfi... 
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05/31/17Baker Hughes and GE Receive Clearance from the European Commission
HOUSTON--(BUSINESS WIRE)--May 31, 2017-- Baker Hughes Incorporated (NYSE:BHI) and General Electric Company (NYSE:GE) announced today that the European Commission has cleared the proposed transaction between Baker Hughes and GE’s oil and gas business under EU merger control rules. The companies remain confident in the value that the combined company will deliver to its customers, employees, shareholders and to the oil and gas industry. Baker Hughes ... 
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05/05/17Baker Hughes Announces April 2017 Rig Counts
HOUSTON--(BUSINESS WIRE)--May 5, 2017-- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for April 2017 was 956, up 13 from the 943 counted in March 2017, and up 10 from the 946 counted in April 2016. The international offshore rig count for April 2017 was 201, up 4 from the 197 counted in March 2017, and down 19 from the 220 counted in April 2016. The average U.S. rig count for April 2017 was 853, up 6... 
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05/02/17Baker Hughes Introduces Long-Life PDC Bit to Reduce Trips in High Horsepower Drilling Operations
Dynamus bit reduces damage risks to the bit and BHA HOUSTON--(BUSINESS WIRE)--May 2, 2017-- Baker Hughes Incorporated (NYSE:BHI) announced today the commercial release of its Dynamus™ extended-life polycrystalline diamond compact (PDC) drill bit which can significantly reduce drilling costs by eliminating trips to replace bits or bottomhole assembly (BHA) tools that wear out in high horsepower drilling operations. The Dynamus bit is bui... 
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05/01/17Baker Hughes Introduces Revolutionary Multistage Fracturing Service for Deep Water
DEEPFRAC service significantly reduces OPEX, maximizes reservoir contact HOUSTON--(BUSINESS WIRE)--May 1, 2017-- Baker Hughes Incorporated (NYSE:BHI) announced today the introduction of its DEEPFRAC™ deepwater multistage fracturing service, which can save operators hundreds of millions of dollars in offshore developments through unprecedented efficiency gains across the completion phase. Using multiposition sleeves and patented flowback contro... 
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04/27/17Baker Hughes Declares Quarterly Dividend
HOUSTON--(BUSINESS WIRE)--Apr. 27, 2017-- Baker Hughes Incorporated (NYSE: BHI) Chairman and Chief Executive Officer Martin S. Craighead announced today that the Baker Hughes Board of Directors declared the regular quarterly cash dividend of $0.17 per share of common stock payable May 19, 2017 to holders of record on May 8, 2017. Baker Hughes is a leading supplier of oilfield services, products, technology and systems to the worldwide oil ... 
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04/25/17Baker Hughes Announces First Quarter Results
Revenue of $2.3 billion for the quarter, down 6% sequentially and 15% year-over-year GAAP net loss per share of $0.30 for the quarter includes $0.26 per share of adjusting items Adjusted EBITDA (non-GAAP measure) was $309 million for the quarter, up 16% sequentially HOUSTON--(BUSINESS WIRE)--Apr. 25, 2017-- Baker Hughes Incorporated (NYSE: BHI) announced today results for the first quart... 
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04/07/17Baker Hughes Announces March 2017 Rig Counts
HOUSTON--(BUSINESS WIRE)--Apr. 7, 2017-- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for March 2017 was 943, up 2 from the 941 counted in February 2017, and down 42 from the 985 counted in March 2016. The international offshore rig count for March 2017 was 197, down 3 from the 200 counted in February 2017, and down 14 from the 211 counted in March 2016. The average U.S. rig count for March 2017 was... 
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03/21/17Baker Hughes Announces Date for First Quarter 2017 Earnings Release and Conference Call
HOUSTON--(BUSINESS WIRE)--Mar. 21, 2017-- Baker Hughes Incorporated (NYSE: BHI) announced today that it will release its financial results for the first quarter 2017 on Tuesday, April 25, 2017, at 6:30 a.m. Eastern Time (5:30 a.m. Central Time). The company’s management will host an investor conference call to discuss results at 8:30 a.m. Eastern Time (7:30 a.m. Central Time). The conference call will broadcast live via a webcast that can be ... 
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03/14/17Baker Hughes Announces the Industry’s First Adaptive Drill Bit
TerrAdapt bit adjusts to downhole conditions autonomously to enable smoother, faster drilling and extend tool life HOUSTON--(BUSINESS WIRE)--Mar. 14, 2017-- Baker Hughes announced today the commercial release of its TerrAdapt™ adaptive drill bit, which can deliver dramatic improvements in drilling economics by using automation to mitigate downhole dysfunctions that cause inefficient drilling and costly tool failures. With the industry’s first ... 
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03/07/17Baker Hughes Announces February 2017 Rig Counts
HOUSTON--(BUSINESS WIRE)--Mar. 7, 2017-- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for February 2017 was 941, up 8 from the 933 counted in January 2017, and down 77 from the 1,018 counted in February 2016. The international offshore rig count for February 2017 was 200, down 6 from the 206 counted in January 2017, and down 25 from the 225 counted in February 2016. The average U.S. rig count for Fe... 
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03/06/17GE and Baker Hughes Receive Expected Requests for Additional Information from the DOJ
BOSTON & HOUSTON--(BUSINESS WIRE)--Mar. 6, 2017-- General Electric Company (NYSE: GE) and Baker Hughes Incorporated (NYSE: BHI) today announced that the companies have each received a request for additional information (“second request”) from the United States Department of Justice (“DOJ”) in connection with the pending combination of GE’s oil and gas business with Baker Hughes. The second requests were issued under the Hart-Scott-Rodino Antitrust Im... 
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03/02/17Baker Hughes’ Chairman and CEO to Present at Scotia Howard Weil 2017 Energy Conference
HOUSTON--(BUSINESS WIRE)--Mar. 2, 2017-- Baker Hughes Incorporated (NYSE: BHI) announced today that the company’s Chairman and Chief Executive Officer Martin Craighead will present at Scotia Howard Weil Energy Conference on Tuesday, March 28, 2017, at 10:15 a.m. Eastern Time (9:15 a.m. Central Time). If you would like to view the presentation materials, please visit the “Events & Presentations” page on our website at: www.bakerhughes.com/inve... 
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02/09/17Saudi Aramco and Baker Hughes Introduce Innovative Cable-Deployed ESP System
TransCoil rigless-deployed ESP expands the operating envelope and improves reliability vs. existing alternative deployment systems HOUSTON--(BUSINESS WIRE)--Feb. 9, 2017-- Saudi Aramco and Baker Hughes (NYSE:BHI) announced today the first installation of the TransCoil™ rigless-deployed electrical submersible pumping (ESP) system, which is designed to help operators bring wells on production faster and lower the costs associated with installing and ... 
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02/07/17Baker Hughes Announces January 2017 Rig Counts
HOUSTON--(BUSINESS WIRE)--Feb. 7, 2017-- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for January 2017 was 933, up 4 from the 929 counted in December 2016, and down 112 from the 1,045 counted in January 2016. The international offshore rig count for January 2017 was 206, down 4 from the 210 counted in December 2016, and down 36 from the 242 counted in January 2016. The average U.S. rig count for Jan... 
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01/26/17Baker Hughes Declares Quarterly Dividend
HOUSTON--(BUSINESS WIRE)--Jan. 26, 2017-- Baker Hughes Incorporated (NYSE: BHI) Chairman and Chief Executive Officer Martin S. Craighead announced today that the Baker Hughes Board of Directors declared the regular quarterly cash dividend of $0.17 per share of common stock payable February 17, 2017 to holders of record on February 6, 2017. Baker Hughes is a leading supplier of oilfield services, products, technology and systems to the worl... 
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01/26/17Baker Hughes Announces Fourth Quarter and Annual Results
Revenue of $2.4 billion for the quarter, up 2% sequentially. Full-year revenue was $9.8 billion GAAP net loss attributable to Baker Hughes of $417 million for the quarter includes the negative impact of $291 million of adjusting items and $107 million of income taxes Adjusted EBITDA (non-GAAP measure) was $266 million for the quarter and $493 million for the year Cash flows from operati... 
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01/09/17Baker Hughes Announces December 2016 Rig Counts
HOUSTON--(BUSINESS WIRE)--Jan. 9, 2017-- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for December 2016 was 929, up 4 from the 925 counted in November 2016, and down 166 from the 1,095 counted in December 2015. The international offshore rig count for December 2016 was 210, down 1 from the 211 counted in November 2016, and down 40 from the 250 counted in December 2015. The average U.S. rig count for... 
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01/04/17Baker Hughes Announces Date for Fourth Quarter and Full Year 2016 Earnings Release and Conference Call
HOUSTON--(BUSINESS WIRE)--Jan. 4, 2017-- Baker Hughes Incorporated (NYSE: BHI) announced today that it will release its financial results for the fourth quarter and full year of 2016 on Thursday, January 26, 2017, at 6:30 a.m. Eastern Time (5:30 a.m. Central Time). The company’s management will host an investor conference call to discuss results at 8:30 a.m. Eastern Time (7:30 a.m. Central Time). The conference call will broadcast live via... 
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12/30/16Baker Hughes, CSL Capital Management and Goldman Sachs’ Merchant Banking Division Close Transaction to Form BJ Services
HOUSTON--(BUSINESS WIRE)--Dec. 30, 2016-- Baker Hughes Incorporated (NYSE:BHI), CSL Capital Management and West Street Energy Partners (WSEP), a fund managed by the Merchant Banking Division of Goldman Sachs, announced today that they have completed their pending transaction to create the new BJ Services, a pure-play North American land pressure pumping company providing hydraulic fracturing and cementing services. The transaction agreemen... 
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12/07/16Baker Hughes Announces November 2016 Rig Counts
HOUSTON--(BUSINESS WIRE)--Dec. 7, 2016-- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for November 2016 was 925, up 5 from the 920 counted in October 2016, and down 184 from the 1,109 counted in November 2015. The international offshore rig count for November 2016 was 211, up 11 from the 200 counted in October 2016, and down 48 from the 259 counted in November 2015. The average U.S. rig count for No... 
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11/29/16Baker Hughes, CSL Capital Management and Goldman Sachs’ Merchant Banking Division Agree to Form North American Land Pressure Pumping Company
Privately-held new company will provide hydraulic fracturing and cementing services and technology for the North American land market New company will have a strong balance sheet as a result of a $175 million cash contribution from CSL Capital Management and Goldman Sachs’ Merchant Banking Division and a debt-free structure New company will be led by an experienced management team and governed by a seasoned boa... 
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11/10/16Baker Hughes Announces Investor Meeting
HOUSTON--(BUSINESS WIRE)--Nov. 10, 2016-- Baker Hughes Incorporated (NYSE: BHI) announced today that leaders from Baker Hughes and GE Oil & Gas will host an investor meeting in New York City on Thursday, December 8, 2016. The meeting will begin at 9:00 a.m. Eastern time (8:00 a.m. Central time) and will be available for the public to view via a live webcast. The webcast will broadcast live on our website (www.bakerhughes.com/investor) ... 
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11/07/16Overview of GE Oil & Gas, Historical Financial Details and Supplemental Information on the Proposed Baker Hughes and GE Oil and Gas Transaction Made Available on Baker Hughes’ Investor Website
HOUSTON--(BUSINESS WIRE)--Nov. 7, 2016-- Baker Hughes (NYSE: BHI) today announced that it has posted a link on its investor website (www.bakerhughes.com/investor) to supplemental material provided by General Electric Company (NYSE: GE) regarding the previously announced agreement to combine GE’s oil and gas business (“GE Oil & Gas”) and Baker Hughes to create a world-leading oilfield technology provider with a unique mix of service and equipment ... 
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11/07/16Baker Hughes Announces October 2016 Rig Counts
HOUSTON--(BUSINESS WIRE)--Nov. 7, 2016-- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for October 2016 was 920, down 14 from the 934 counted in September 2016, and down 191 from the 1,111 counted in October 2015. The international offshore rig count for October 2016 was 200, down 21 from the 221 counted in September 2016, and down 70 from the 270 counted in October 2015. The average U.S. rig count f... 
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10/31/16GE and Baker Hughes Agree to Create New Fullstream Digital Industrial Services Company
"New" Baker Hughes, a GE Company, will be a leader in oil and gas productivity Highly complementary transaction combines GE's oil and gas technology, manufacturing and digital platform with Baker Hughes' oilfield services offerings and technologies Combination creates an unparalleled company positioned to deliver value for customers and investors GE to own 62.5% and Baker Hughes sharehold... 
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10/30/16Baker Hughes and GE to Host Investor Webcast Monday October 31 at 8:30 AM ET
HOUSTON--(BUSINESS WIRE)--Oct. 30, 2016-- Baker Hughes (NYSE:BHI) and General Electric will host an Investor webcast at. 8:30 a.m. Eastern Time (7:30 a.m. Central Time) on October 31, 2016. The webcast and accompanying slides can be accessed on our investor website www.bakerhughes.com/investor prior to the call. A replay of the webcast will be available on the company’s website after the call. Baker Hughes is a leading supplier of oilfield... 
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10/26/16Baker Hughes Declares Quarterly Dividend
HOUSTON--(BUSINESS WIRE)--Oct. 26, 2016-- Baker Hughes Incorporated (NYSE: BHI) Chairman and Chief Executive Officer Martin S. Craighead announced today that the Baker Hughes Board of Directors declared the regular quarterly cash dividend of $0.17 per share of common stock payable November 18, 2016 to holders of record on November 7, 2016. Baker Hughes is a leading supplier of oilfield services, products, technology and systems to the worl... 
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10/25/16Baker Hughes Announces Third Quarter Results
Revenue of $2.4 billion for the quarter, down 2% sequentially and 38% year-over-year Operating losses were $321 million for the quarter, a sequential improvement of $249 million, or 44% GAAP net loss per share of $1.00 for the quarter includes $0.85 per share of adjusting items Cash flows from operating activities were $119 million for the quarter HOUSTON--(BUSINESS W... 
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10/07/16Baker Hughes Announces September 2016 Rig Counts
HOUSTON--(BUSINESS WIRE)--Oct. 7, 2016-- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for September 2016 was 934 down 3 from the 937 counted in August 2016, and down 206 from the 1,140 counted in September 2015. The international offshore rig count for September 2016 was 221, down 7 from the 228 counted in August 2016, and down 47 from the 268 counted in September 2015. The average U.S. rig count fo... 
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09/21/16Baker Hughes Announces Date for Third Quarter 2016 Earnings Release and Conference Call
HOUSTON--(BUSINESS WIRE)--Sep. 21, 2016-- Baker Hughes Incorporated (NYSE: BHI) announced today that it will release its third quarter financial results on Tuesday, October 25, 2016, at 6:30 a.m. Eastern Time (5:30 a.m. Central Time). The company’s management will host an investor conference call to discuss results at 8:30 a.m. Eastern Time (7:30 a.m. Central Time). The conference call will broadcast live via a webcast that can be accessed... 
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09/08/16Baker Hughes Announces August 2016 Rig Counts
HOUSTON--(BUSINESS WIRE)--Sep. 8, 2016-- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for August 2016 was 937 down 1 from the 938 counted in July 2016, and down 200 from the 1,137 counted in August 2015. The international offshore rig count for August 2016 was 228, up 2 from the 226 counted in July 2016, and down 42 from the 270 counted in August 2015. The average U.S. rig count for August 2016 was ... 
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08/18/16Baker Hughes’ Chairman and CEO to Present at 2016 Barclays CEO Energy-Power Conference
HOUSTON--(BUSINESS WIRE)--Aug. 18, 2016-- Baker Hughes Incorporated (NYSE: BHI) announced today that the Company’s Chairman and Chief Executive Officer Martin Craighead will present at the Barclays CEO Energy-Power Conference on Wednesday, September 7, 2016, at 10:25 a.m. Eastern time. If you would like to listen to the presentation and view the presentation materials during the conference, please log onto the "Events & Presentations" ... 
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08/05/16Baker Hughes Announces July 2016 Rig Counts
HOUSTON--(BUSINESS WIRE)--Aug. 5, 2016-- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for July 2016 was 938, up 11 from the 927 counted in June 2016, and down 180 from the 1,118 counted in July 2015. The international offshore rig count for July 2016 was 226, up 3 from the 223 counted in June 2016, and down 38 from the 264 counted in July 2015. The average U.S. rig count for July 2016 was 449, up 32... 
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07/28/16Baker Hughes Declares Quarterly Dividend
HOUSTON--(BUSINESS WIRE)--Jul. 28, 2016-- Baker Hughes Incorporated (NYSE: BHI) Chairman and Chief Executive Officer Martin S. Craighead announced today that the Baker Hughes Board of Directors declared the regular quarterly cash dividend of $0.17 per share of common stock payable August 19, 2016 to holders of record on August 8, 2016. Baker Hughes is a leading supplier of oilfield services, products, technology and systems to the worldwid... 
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07/28/16Baker Hughes Announces Second Quarter Results
Revenue of $2.4 billion for the quarter, down 10% sequentially and 39% year-over-year GAAP net loss per share of $2.08 for the quarter, includes $1.18 per share of adjusting items Cash flows from operating activities were $3.6 billion for the quarter Bond purchases of $1 billion face value and share repurchases of $500 million during the quarter HOUSTON--(BUSINESS WIR... 
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07/08/16Baker Hughes Announces June 2016 Rig Counts
HOUSTON--(BUSINESS WIRE)--Jul. 8, 2016-- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for June 2016 was 927 down 28 from the 955 counted in May 2016, and down 219 from the 1,146 counted in June 2015. The international offshore rig count for June 2016 was 223, down 6 from the 229 counted in May 2016, and down 54 from the 277 counted in June 2015. The average U.S. rig count for June 2016 was 417, up 9... 
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06/24/16Baker Hughes Announces Date for Second Quarter 2016 Earnings Release and Conference Call
HOUSTON--(BUSINESS WIRE)--Jun. 24, 2016-- Baker Hughes Incorporated (NYSE: BHI) announced today that it will release its second quarter financial results on Thursday, July 28, 2016, at 7:00 a.m. Eastern Time (6:00 a.m. Central Time). The company’s management will host an investor conference call to discuss results at 8:00 a.m. Eastern Time (7:00 a.m. Central Time). The conference call will broadcast live via a webcast that can be accessed ... 
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06/09/16Baker Hughes Announces Pricing Terms of Tender Offer for Certain Outstanding Debt Securities
HOUSTON--(BUSINESS WIRE)--Jun. 9, 2016-- Baker Hughes Incorporated (the “Company”) (NYSE:BHI) announced today the pricing terms of its previously announced cash tender offer (the “Tender Offer”) for up to $1 billion combined aggregate principal amount (the “Maximum Tender Amount”) of its or its subsidiary’s 6.000% Senior Notes due 2018, 7.500% Senior Notes due 2018, 3.200% Senior Notes due 2021, 8.550% Debentures due 2024, 6.875% Notes due 2029 and 5.125... 
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06/09/16Baker Hughes Announces Early Results of Tender Offer for Certain Outstanding Debt Securities
HOUSTON--(BUSINESS WIRE)--Jun. 9, 2016-- Baker Hughes Incorporated (the “Company”) (NYSE:BHI) announced today that, pursuant to its previously announced cash tender offer (the “Tender Offer”) for up to $1 billion combined aggregate principal amount (the “Maximum Tender Amount”) of its or its subsidiary’s 6.000% Senior Notes due 2018, 7.500% Senior Notes due 2018, 3.200% Senior Notes due 2021, 8.550% Debentures due 2024, 6.875% Notes due 2029 and 5.125% ... 
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06/07/16Baker Hughes Announces May 2016 Rig Counts
HOUSTON--(BUSINESS WIRE)--Jun. 7, 2016-- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for May 2016 was 955 up 9 from the 946 counted in April 2016, and down 203 from the 1,158 counted in May 2015. The international offshore rig count for May 2016 was 229, up 9 from the 220 counted in April 2016, and down 55 from the 284 counted in May 2015. The average U.S. rig count for May 2016 was 408, down 29 from the ... 
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05/25/16Baker Hughes Announces Organizational and Leadership Changes
Changes align with plans to build on company’s strength as a product innovator Simplified structure achieves cost efficiencies, supports enhanced commercial strategy and allows the company to better serve customers HOUSTON, May 25, 2016 (GLOBE NEWSWIRE) -- Baker Hughes Incorporated (BHI:NYSE) announced today changes to its organizational structure and senior leadership team. The changes follow the company’s May 2 announcement of its plans to capitalize on its leadership position as ... 
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05/25/16Baker Hughes Announces Tender Offers for Certain Outstanding Debt Securities
HOUSTON, May 25, 2016 (GLOBE NEWSWIRE) -- Baker Hughes Incorporated (the “Company”) (NYSE:BHI) announced today that it has commenced a tender offer (the “Tender Offer”) to purchase for cash up to $1 billion combined aggregate principal amount (the “Maximum Tender Amount”) of its or its subsidiary’s 6.000% Senior Notes due 2018, 7.500% Senior Notes due 2018, 3.200% Senior Notes due 2021, 8.550% Debentures due 2024, 6.875% Notes due 2029 and 5.125% Senior Notes due 2040 (collectively, the “Notes... 
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05/06/16Baker Hughes Announces April 2016 Rig Counts
HOUSTON , May 6, 2016 /PRNewswire/ --  Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for April 2016 was 946, down 39 from the 985 counted in March 2016 , and down 256 from the 1,202 counted in April 2015 . The international offshore rig count for April 2016 was 220, up 9 from the 211 counted in March 2016 , and down 80 from the 300 counted in April 2015 . The average U.S. rig count for April 2016 ... 
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05/02/16Baker Hughes outlines path for the future
- To reduce costs by simplifying its organization and rationalizing its operational footprint - Commercial strategy focused on its core strengths in product innovation, while building broader channels for its technology and products - Announces plans to buy back $1.5 billion of shares and $1 billion of debt with $3.5 billion merger breakup fee - Chairman and CEO Martin Craighead and Chief Financial Officer Kimberly Ross to provide more details on Tuesday, May 3 at 7 a.m. Central Tim... 
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05/01/16Halliburton and Baker Hughes Announce Termination of Merger Agreement
HOUSTON--(BUSINESS WIRE)--May 1, 2016-- Halliburton Company (NYSE:HAL) and Baker Hughes Incorporated (NYSE:BHI) today announced that the companies have terminated the merger agreement they entered into in November 2014, effective April 30, 2016. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160501005039/en/ “While both companies expected the proposed merger to result in compelling ... 
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04/27/16Baker Hughes Announces First Quarter Results
- Revenue of $2.7 billion for the quarter, down 21% sequentially and 42% year-over-year - Sequential and year-over-year decremental operating margins for the quarter were 28% and 13%, respectively - GAAP net loss per share of $2.22 for the quarter includes $1.14 per share of tax valuation allowances and $0.64 per share of adjusting items - Operating results include costs in excess of 500 bps, in excess of $0.25 per share, retained in compliance with the merger agreement HOUSTON, Ap... 
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04/18/16Baker Hughes Declares Quarterly Dividend
HOUSTON, April 18, 2016 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) Chairman and Chief Executive Officer Martin S. Craighead announced today that the Baker Hughes Board of Directors declared the regular quarterly cash dividend of $0.17 per share of common stock payable June 22, 2016 to holders of record on June 1, 2016. Baker Hughes is a leading supplier of oilfield services, products, technology and systems to the worldwide oil and natural gas industry. The company's 39,000 employe... 
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04/07/16Baker Hughes Announces March 2016 Rig Counts
HOUSTON, April 07, 2016 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for March 2016 was 985, down 33 from the 1,018 counted in February 2016, and down 266 from the 1,251 counted in March 2015. The international offshore rig count for March 2016 was 211, down 14 from the 225 counted in February 2016, and down 105 from the 316 counted in March 2015. The average U.S. rig count for March 2016 was 478, down 54 from the 532 counted in Februar... 
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04/06/16Halliburton and Baker Hughes to Contest Justice Department Action
HOUSTON--(BUSINESS WIRE)--Apr. 6, 2016-- Halliburton Company (NYSE:HAL) and Baker Hughes Incorporated (NYSE:BHI) today announced that the companies intend to vigorously contest the U.S. Department of Justice's (DOJ) effort to block their pending merger. The companies believe that the DOJ has reached the wrong conclusion in its assessment of the transaction and that its action is counterproductive, especially in the context of the challenges the U.S.... 
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03/29/16Baker Hughes Announces First Quarter 2016 Earnings Release Date
HOUSTON, March 29, 2016 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that it will release its financial results for the first quarter of 2016 before the market opens on Wednesday, April 27, 2016. Baker Hughes is a leading supplier of oilfield services, products, technology and systems to the worldwide oil and natural gas industry. The company's 43,000 employees today work in more than 80 countries helping customers find, evaluate, drill, produce, transport and proces... 
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03/09/16Baker Hughes Becomes First Oilfield Service Company to Enroll in the Regional Operational Integrity Program and Recognize its GoM Region
Baker Hughes and WPAG helped develop and pilot the new program, which drives consistency, service quality and risk mitigation across operations HOUSTON, March 9, 2016 /PRNewswire/ -- Baker Hughes announced today that it is the first service company to have enrolled in the new Regional Operational Integrity Program™ (ROIP) for the petroleum and natural gas industry and to receive Gold Recognition for its Gulf of Mexico (GoM) Center of Excellence from the Wollam Petroleum Advisory Group ... 
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03/07/16Baker Hughes Announces February 2016 Rig Counts
HOUSTON, March 7, 2016 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for February 2016 was 1,018, down 27 from the 1,045 counted in January 2016, and down 257 from the 1,275 counted in February 2015. The international offshore rig count for February 2016 was 225, down 17 from the 242 counted in January 2016, and down 99 from the 324 counted in February 2015. The average U.S. rig count for February 2016 was 532, down 122 from the 654 coun... 
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02/05/16Baker Hughes Announces January 2016 Rig Counts
HOUSTON, Feb. 5, 2016 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for January 2016 was 1,045, down 50 from the 1,095 counted in December 2015, and down 213 from the 1,258 counted in January 2015. The international offshore rig count for January 2016 was 242, down 8 from the 250 counted in December 2015, and down 72 from the 314 counted in January 2015. The average U.S. rig count for January 2016 was 654, down 60 from the 714 counted in... 
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01/28/16Baker Hughes Declares Quarterly Dividend
HOUSTON, Jan. 28, 2016 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) Chairman and Chief Executive Officer Martin S. Craighead announced today that the Baker Hughes Board of Directors declared the regular quarterly cash dividend of $0.17 per share of common stock payable March 23, 2016 to holders of record on March 2, 2016. Baker Hughes is a leading supplier of oilfield services, products, technology and systems to the worldwide oil and natural gas industry. The company's 43,000 employ... 
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01/28/16Baker Hughes Announces Fourth Quarter and Annual Results
- Revenue of $3.4 billion for the quarter and $15.7 billion for the year - Sequential and year-over-year decremental operating margins for the quarter were 33% and 32%, respectively - GAAP net loss per share of $2.35 for the quarter, includes $2.14 per share of impairment and restructuring charges and merger-related costs - Free cash flow up 25% sequentially to $436 million for the quarter, and $1.2 billion for the year HOUSTON, Jan. 28, 2016 /PRNewswire/ -- Baker Hughes Incorporat... 
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01/12/16Halliburton and Baker Hughes Respond to European Commission Action
HOUSTON--(BUSINESS WIRE)--Jan. 12, 2016-- Halliburton Company (NYSE: HAL) and Baker Hughes Incorporated (NYSE: BHI) today noted the decision by the European Commission (the “Commission”) to initiate a Phase II review of Halliburton’s pending acquisition of Baker Hughes. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160112006384/en/ This decision is a normal step in the Commission's... 
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01/08/16Baker Hughes Announces December 2015 Rig Counts
HOUSTON, Jan. 8, 2016 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for December 2015 was 1,095, down 14 from the 1,109 counted in November 2015, and down 218 from the 1,313 counted in December 2014. The international offshore rig count for December 2015 was 250, down 9 from the 259 counted in November 2015, and down 88 from the 338 counted in December 2014. The average U.S. rig count for December 2015 was 714, down 46 from the 760 count... 
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01/05/16Baker Hughes Announces Fourth Quarter 2015 Earnings Release Date
HOUSTON, Jan. 5, 2016 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that it will release its financial results for the fourth quarter and full year of 2015 before the market opens on Thursday, January 28, 2016.  Baker Hughes is a leading supplier of oilfield services, products, technology and systems to the worldwide oil and natural gas industry. The company's 49,000 employees today work in more than 80 countries helping customers find, evaluate, drill, produce, tra... 
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12/15/15Halliburton and Baker Hughes Provide Update Regarding DOJ Review
Halliburton and Baker Hughes Extend the Time Period for Closing the Transaction to No Later than April 30, 2016, as Permitted under the Merger Agreement HOUSTON--(BUSINESS WIRE)--Dec. 15, 2015-- Halliburton Company (NYSE: HAL) and Baker Hughes Incorporated (NYSE: BHI) today announced that they expect that their timing agreement with the Antitrust Division of the U.S. Department of Justice (DOJ) will expire without reaching a settlement or the ... 
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12/07/15Baker Hughes Announces November 2015 Rig Counts
HOUSTON, Dec. 7, 2015 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for November 2015 was 1,109, down 2 from the 1,111 counted in October 2015, and down 215 from the 1,324 counted in November 2014. The international offshore rig count for November 2015 was 259, down 11 from the 270 counted in October 2015, and down 82 from the 341 counted in November 2014. The average U.S. rig count for November 2015 was 760, down 31 from the 791 counte... 
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11/06/15Baker Hughes Announces October 2015 Rig Counts
HOUSTON, Nov. 6, 2015 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for October 2015 was 1,111, down 29 from the 1,140 counted in September 2015, and down 197 from the 1,308 counted in October 2014. The international offshore rig count for October 2015 was 270, up 2 from the 268 counted in September 2015, and down 56 from the 326 counted in October 2014. The average U.S. rig count for October 2015 was 791, down 57 from the 848 counted in... 
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10/21/15Baker Hughes Declares Quarterly Dividend
HOUSTON, Oct. 21, 2015 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) Chairman and Chief Executive Officer Martin S. Craighead announced today that the Baker Hughes Board of Directors declared the regular quarterly cash dividend of $0.17 per share of common stock payable December 24, 2015 to holders of record on December 3, 2015. Baker Hughes is a leading supplier of oilfield services, products, technology and systems to the worldwide oil and natural gas industry. The company's 46,000 ... 
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10/21/15Baker Hughes Announces Third Quarter Results
- Revenue of $3.8 billion for the quarter, down 5% sequentially and 39% year-over-year - Adjusted operating profit margin increased 140 bps sequentially - Free cash flow for the quarter of $348 million - GAAP net loss per share of $0.36 for the quarter, includes $0.31 per share of restructuring charges and merger-related costs HOUSTON, Oct. 21, 2015 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today results for the third quarter of 2015. "In the third quarter,... 
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10/07/15Baker Hughes Announces September 2015 Rig Counts
HOUSTON, Oct. 7, 2015 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for September 2015 was 1,140, up 3 from the 1,137 counted in August 2015, and down 183 from the 1,323 counted in September 2014. The international offshore rig count for September 2015 was 268, down 2 from the 270 counted in August 2015, and down 65 from the 333 counted in September 2014. The average U.S. rig count for September 2015 was 848, down 35 from the 883 counted... 
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09/28/15Halliburton and Baker Hughes Announce Additional Divestiture Proposals
DOJ Timing Agreement Extended Three Weeks to December 15, 2015 HOUSTON--(BUSINESS WIRE)--Sep. 28, 2015-- Halliburton Company (NYSE: HAL) and Baker Hughes Incorporated (NYSE: BHI) today announced that the companies will market for sale additional businesses in connection with Halliburton’s pending acquisition of Baker Hughes. Pursuant to the Merger Agreement, and in order to permit completion of Halliburton’s acquisition of Baker Hughes, the following... 
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09/08/15Baker Hughes Announces August 2015 Rig Counts
HOUSTON, Sept. 8, 2015 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for August 2015 was 1,137, up 19 from the 1,118 counted in July 2015, and down 202 from the 1,339 counted in August 2014. The international offshore rig count for August 2015 was 270, up 6 from the 264 counted in July 2015, and down 45 from the 315 counted in August 2014. The average U.S. rig count for August 2015 was 883, up 17 from the 866 counted in July 2015, and do... 
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09/01/15Baker Hughes Announces Third Quarter 2015 Earnings Release Date
HOUSTON, Sept. 1, 2015 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that it has scheduled to issue a news release detailing operational performance and earnings for the third quarter of 2015 before the market opens on Wednesday, October 21, 2015. Baker Hughes is a leading supplier of oilfield services, products, technology and systems to the worldwide oil and natural gas industry. The company's 49,000 employees today work in more than 80 countries helping customers f... 
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08/07/15Baker Hughes Announces July 2015 Rig Counts
HOUSTON, Aug. 7, 2015 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for July 2015 was 1,118, down 28 from the 1,146 counted in June 2015, and down 264 from the 1,382 counted in July 2014. The international offshore rig count for July 2015 was 264, down 13 from the 277 counted in June 2015, and down 72 from the 336 counted in July 2014. The average U.S. rig count for July 2015 was 866, up 5 from the 861 counted in June 2015, and down 1,01... 
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07/23/15Baker Hughes Declares Quarterly Dividend
HOUSTON, July 23, 2015 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) Chairman and Chief Executive Officer Martin S. Craighead announced today that the Baker Hughes Board of Directors declared the regular quarterly cash dividend of $0.17 per share of common stock payable September 23, 2015 to holders of record on September 2, 2015. Baker Hughes is a leading supplier of oilfield services, products, technology and systems to the worldwide oil and natural gas industry. The company's 49,00... 
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07/21/15Baker Hughes Announces Second Quarter Results
- Revenue of $4 billion for the quarter, down 33% year-over-year - GAAP net loss per diluted share of $0.43 for the quarter, includes adjusting items of $0.29 per diluted share - Free cash flow for the quarter of $413 million, increased $341 million year-over-year HOUSTON, July 21, 2015 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today results for the second quarter of 2015. Martin Craighead, Baker Hughes Chairman and Chief Executive Officer, commented, "Revenue... 
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07/10/15Halliburton and Baker Hughes Provide Update on Proposed Acquisition
HOUSTON--(BUSINESS WIRE)--Jul. 10, 2015-- Halliburton Company (NYSE: HAL) and Baker Hughes Incorporated (NYSE: BHI) today announced that they have entered into a timing agreement with the Antitrust Division of the U.S. Department of Justice (DOJ) pursuant to which both companies have agreed to extend the period for the DOJ’s review of Halliburton’s previously announced acquisition of Baker Hughes to the later of November 25, 2015 or 90 days after both co... 
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07/08/15Baker Hughes Announces June 2015 Rig Counts
HOUSTON, July 8, 2015 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for June 2015 was 1,146, down 12 from the 1,158 counted in May 2015, and down 198 from the 1,344 counted in June 2014. The international offshore rig count for June 2015 was 277, down 7 from the 284 counted in May 2015, and down 43 from the 320 counted in June 2014. The average U.S. rig count for June 2015 was 861, down 28 from the 889 counted in May 2015, and down 1,000... 
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06/05/15Baker Hughes Announces May 2015 Rig Counts
HOUSTON, June 5, 2015 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for May 2015 was 1,158, down 44 from the 1,202 counted in April 2015, and down 192 from the 1,350 counted in May 2014. The international offshore rig count for May 2015 was 284, down 16 from the 300 counted in April 2015, and down 42 from the 326 counted in May 2014. The average U.S. rig count for May 2015 was 889, down 87 from the 976 counted in April 2015, and down 970... 
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06/02/15Baker Hughes Announces Second Quarter 2015 Earnings Release Date
HOUSTON, June 2, 2015 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that it is scheduled to issue a news release, detailing operational performance and earnings for the second quarter of 2015, before the market opens on Tuesday, July 21, 2015. Baker Hughes is a leading supplier of oilfield services, products, technology and systems to the worldwide oil and natural gas industry. The company's 53,000-plus employees today work in more than 80 countries helping customers ... 
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05/14/15Baker Hughes Declares Quarterly Dividend
HOUSTON, May 14, 2015 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) Chairman and Chief Executive Officer Martin S. Craighead announced today that the Baker Hughes Board of Directors declared the regular quarterly cash dividend of $0.17 per share of common stock payable June 24, 2015 to holders of record on June 3, 2015. Baker Hughes is a leading supplier of oilfield services, products, technology and systems to the worldwide oil and natural gas industry. The company's 53,000-plus empl... 
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05/07/15Baker Hughes Announces April 2015 Rig Counts
HOUSTON, May 7, 2015 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for April 2015 was 1,202, down 49 from the 1,251 counted in March 2015, and down 147 from the 1,349 counted in April 2014. The international offshore rig count for April 2015 was 300, down 16 from the 316 counted in March 2015, and down 29 from the 329 counted in April 2014. The average U.S. rig count for April 2015 was 976, down 134 from the 1,110 counted in March 2015, ... 
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04/21/15Baker Hughes Announces First Quarter Results
- 20% decline in revenue compared to the first quarter of 2014 attributed to unfavorable market conditions. - GAAP net loss per diluted share of $1.35 for the quarter includes $557 million, or $1.28 per diluted share in adjustments for restructuring charges, inventory adjustments, and merger-related costs, and $133 million, or $0.30 per share, for other significant market-driven charges. - More than $700 million in estimated annualized savings as a result of actions initiated during the qu... 
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04/09/15Baker Hughes Announces Suspension of the Well Count
HOUSTON, April 9, 2015 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that effective immediately it has suspended the quarterly publication of the U.S. onshore well count. In response to the recent market downturn and internal initiatives to reduce costs, the company has prioritized its resources to support the ongoing publication of the weekly North America and monthly International rig counts, which continue to provide a timely and relevant snapshot of evolving market con... 
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04/08/15Baker Hughes Announces March 2015 Rig Counts
HOUSTON, April 8, 2015 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for March 2015 was 1,251, down 24 from the 1,275 counted in February 2015, and down 94 from the 1,345 counted in March 2014. The international offshore rig count for March 2015 was 316, down 8 from the 324 counted in February 2015, and down 18 from the 334 counted in March 2014. The average U.S. rig count for March 2015 was 1,110, down 238 from the 1,348 counted in Feb... 
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03/27/15Baker Hughes Announces First Quarter 2015 Earnings Release Date
HOUSTON, March 27, 2015 /PRNewswire/ -- As announced on November 17, 2014, Baker Hughes Incorporated (NYSE:BHI) and Halliburton Company (NYSE:HAL) entered into a definitive agreement under which Halliburton will acquire all the outstanding shares of Baker Hughes in a stock and cash transaction.  The transaction was approved by stockholders of both companies today, and is expected to close late in the second half of 2015, pending regulatory approvals.      As a result of today's shareholder a... 
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03/27/15Halliburton and Baker Hughes Announce Approval of Transaction by Stockholders of Both Companies
HOUSTON--(BUSINESS WIRE)--Mar. 27, 2015-- Halliburton Company (NYSE:HAL) today announced that its stockholders approved Halliburton’s proposal to issue shares of Halliburton common stock as contemplated by its merger agreement with Baker Hughes Incorporated (NYSE: BHI). In addition, Baker Hughes today announced that its stockholders adopted the merger agreement and thereby approved the proposed combination of the two companies. Each company’s special ... 
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03/06/15Baker Hughes Announces February 2015 Rig Counts
HOUSTON, March 6, 2015 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for February 2015 was 1,275, up 17 from the 1,258 counted in January 2015, and down 66 from the 1,341 counted in February 2014. The international offshore rig count for February 2015 was 324, up 10 from the 314 counted in January 2015, and up 6 from the 318 counted in February 2014.  The average U.S. rig count for February 2015 was 1,348, down 335 from the 1,683 counte... 
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02/17/15Halliburton and Baker Hughes Announce Meeting Date and Record Date for Special Meetings
HOUSTON--(BUSINESS WIRE)--Feb. 17, 2015-- Halliburton Company (NYSE: HAL) and Baker Hughes Incorporated (NYSE: BHI) today announced that each company will hold a special meeting of stockholders on March 27, 2015, at 9:00 AM Central Time, in connection with Halliburton’s pending acquisition of Baker Hughes. Halliburton’s special meeting will be held at Halliburton’s offices at 3000 North Sam Houston Parkway East, Life Center Auditorium, Houston, Texas 770... 
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02/10/15Halliburton and Baker Hughes Receive Expected Requests for Additional Information from DOJ
HOUSTON--(BUSINESS WIRE)--Feb. 10, 2015-- Halliburton Company (NYSE: HAL) and Baker Hughes Incorporated (NYSE: BHI) today announced that, as expected, the companies have each received a request for additional information (“second requests”) from the United States Department of Justice (“DOJ”) in connection with Halliburton’s pending acquisition of Baker Hughes. The second requests were issued under the notification requirements of the Hart-Scott-Rodino A... 
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02/06/15Baker Hughes Announces January 2015 Rig Counts
HOUSTON, Feb. 6, 2015 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for January 2015 was 1,258, down 55 from the 1,313 counted in December 2014, and down 67 from the 1,325 counted in January 2014. The international offshore rig count for January 2015 was 314, down 24 from the 338 counted in December 2014, and up 12 from the 302 counted in January 2014.  The average U.S. rig count for January 2015 was 1,683, down 199 from the 1,882 count... 
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01/22/15Baker Hughes Declares Quarterly Dividend
HOUSTON, Jan. 22, 2015 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) Chairman and Chief Executive Officer, Martin S. Craighead, announced today that the Baker Hughes Board of Directors declared the regular quarterly cash dividend of $0.17 per share of common stock payable March 25, 2015, to holders of record on March 4, 2015. Baker Hughes is a leading supplier of oilfield services, products, technology and systems to the worldwide oil and natural gas industry. The company's 62,000 emp... 
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01/20/15Baker Hughes Announces Fourth Quarter and Annual Results
- Record revenue of $6.6 billion for the quarter and $24.6 billion for the year - Record adjusted earnings per share of $1.44 for the quarter, up 41% sequentially - GAAP earnings per share of $1.52 for the quarter, an increase of 77% sequentially - Record free cash flow of $1.6 billion generated during 2014 HOUSTON, Jan. 20, 2015 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today results for the fourth quarter of 2014. Martin Craighead, Baker Hughes Chairman a... 
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01/09/15Baker Hughes Announces Fourth Quarter 2014 Well Count
- Well count increases 5.1% compared to the fourth quarter 2013 HOUSTON, Jan. 9, 2015 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the U.S. onshore well count for the fourth quarter 2014 was 9,544 wells, relatively unchanged compared to the third quarter 2014.  Compared to the fourth quarter 2013, the well count was up 461 wells or 5%. Compared to the third quarter 2014, the well count increased most notably in the Cana Woodford (up 22 wells or 27%), Utica (... 
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01/09/15Baker Hughes Announces December 2014 Rig Counts
HOUSTON, Jan. 9, 2015 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for December 2014 was 1,313, down 11 from the 1,324 counted in November 2014, and down 22 from the 1,335 counted in December 2013. The international offshore rig count for December 2014 was 338, down 3 from the 341 counted in November 2014, and up 32 from the 306 counted in December 2013.  The average U.S. rig count for December 2014 was 1,882, down 43 from the 1,925 co... 
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12/15/14Baker Hughes Announces Fourth Quarter 2014 Conference Call
HOUSTON, Dec. 15, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that it has scheduled a conference call on Tuesday, January 20, 2015, to discuss results for the fourth quarter 2014, ending December 31, 2014. The call will begin at 8:00 a.m. Eastern time.  The results are expected to be released before the conference call on Tuesday, January 20, 2015. To access the call via a live webcast, please visit our website at:  www.bakerhughes.com/investor. The call will al... 
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12/05/14Baker Hughes Announces November 2014 Rig Counts
HOUSTON, Dec. 5, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for November 2014 was 1,324, up 16 from the 1,308 counted in October 2014, and up 13 from the 1,311 counted in November 2013. The international offshore rig count for November 2014 was 341, up 15 from the 326 counted in October 2014, and up 25 from the 316 counted in November 2013.  The average U.S. rig count for November 2014 was 1,925, unchanged from the 1,925 counted... 
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11/21/14Baker Hughes to Present at Wells Fargo's 2014 Energy Symposium
HOUSTON, Nov. 21, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the Company's Vice President and Chief Strategy Officer, Derek Mathieson, will present at Wells Fargo's 2014 Energy Symposium on Wednesday, December 10, 2014, at 1:00 p.m. Eastern time.   If you would like to listen to the presentation and view the presentation materials during the conference, please log onto the "Events & Presentations" page on our website at: www.bakerhughes.com/investor. If yo... 
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11/17/14Halliburton and Baker Hughes Reach Agreement to Combine in Stock and Cash Transaction Valued at $34.6 Billion
Baker Hughes Stockholders to Receive 1.12 Halliburton Shares Plus $19.00 in Cash for Each Share They Own Transaction Values Baker Hughes at $78.62 per Share as of November 12, 2014 Highly Complementary Product Lines, Global Presence and Cutting-Edge Technologies Will enable Combined Company to Create Added Value for Customers Accretive to Halliburton Cash Flow by the End of Year One, with Nearly $2 Billion in Synergi... 
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11/14/14Baker Hughes Announces Receipt of Director Nominations from Halliburton
HOUSTON, Nov.14, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) today announced receipt of notice from Halliburton Company that it intends to nominate candidates to replace the entire board of directors of Baker Hughes at its Apr. 2015 annual meeting.  The nominations followed discussions between the parties regarding a potential business combination transaction, and Halliburton's refusal to improve its first and only value proposal. Baker Hughes considers the notice to be an att... 
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11/13/14Baker Hughes Confirms Preliminary Discussions with Halliburton
HOUSTON, Nov. 13, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) today confirmed that it has engaged in preliminary discussions with Halliburton Company regarding a potential business combination transaction.  These discussions may or may not lead to any transaction.  Baker Hughes does not intend to comment further on market speculation or disclose any developments unless and until it otherwise deems further disclosure is appropriate or required. Baker Hughes is a leading supplier... 
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11/07/14Baker Hughes Announces October 2014 Rig Counts
HOUSTON, Nov. 7, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for October 2014 was 1,308, down 15 from the 1,323 counted in September 2014, and down 7 from the 1,315 counted in October 2013. The international offshore rig count for October 2014 was 326, down 7 from the 333 counted in September 2014, and up 10 from the 316 counted in October 2013.  The average U.S. rig count for October 2014 was 1,925, down 5 from the 1,930 counted... 
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10/22/14Baker Hughes Declares Quarterly Dividend
HOUSTON, Oct. 22, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) Chairman and Chief Executive Officer, Martin S. Craighead, announced today that the Baker Hughes Board of Directors declared the regular quarterly cash dividend of $0.17 per share of common stock payable November 14, 2014, to holders of record on November 3, 2014. Baker Hughes is a leading supplier of oilfield services, products, technology and systems to the worldwide oil and natural gas industry. The company's 61,0... 
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10/16/14Baker Hughes Announces Third Quarter Results
- Record revenue of $6.25 billion for the quarter, up 5% sequentially - Record EBITDA of $1.12 billion, up 3% sequentially - Record free cash flow for the quarter of $725 million - Repurchase of $200 million of shares during the quarter HOUSTON, Oct. 16, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today results for the third quarter of 2014 are as follows: Q3 2014 Q3 2013 Q2 2014 Revenue (millions) ... 
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10/10/14Baker Hughes Announces Third Quarter 2014 Well Count
- Well count increases 5.4% compared to the third quarter 2013 HOUSTON, Oct. 10, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the U.S. onshore well count for the third quarter 2014 was 9,566 wells, up 110 wells or 1% compared to the second quarter 2014.  Compared to the third quarter 2013, the well count was up 491 wells or 5%. Compared to the second quarter 2014, the well count increased most notably in the Williston (up 45 wells or 7%), DJ-Niobrara (... 
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10/07/14Baker Hughes Announces September 2014 Rig Counts
HOUSTON, Oct. 7, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for September 2014 was 1,323, down 16 from the 1,339 counted in August 2014, and up 39 from the 1,284 counted in September 2013. The international offshore rig count for September 2014 was 333, up 18 from the 315 counted in August 2014, and up 20 from the 313 counted in September 2013.  The average U.S. rig count for September 2014 was 1,930, up 26 from the 1,904 counte... 
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10/02/14Baker Hughes Expands Commitment to Susan G. Komen
Company supports mission to end breast cancer forever HOUSTON, Oct. 2, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that for the second consecutive year, it will contribute USD 100,000 to support Susan G. Komen®, the world's leading breast cancer organization, in its efforts to end breast cancer forever. Martin Craighead, chairman and chief executive officer of Baker Hughes, will present a check to Nancy G. Brinker, chair of global strategy and founder of Susan... 
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10/01/14Baker Hughes Implements New Policy of Full Chemical Disclosure for Fracturing Operations
Company introduces greater transparency while protecting innovation HOUSTON, Oct. 1, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that it has implemented a new policy of disclosing 100% of the chemistry contained within its hydraulic fracturing fluid systems, without the use of any trade secret designations. The company announced in March of this year its plans to provide complete lists of all of its products and chemical constituents for all wells it fractu... 
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09/08/14Baker Hughes Names Kimberly A. Ross Chief Financial Officer
HOUSTON, Sept. 8, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Kimberly A. Ross,  has been appointed Senior Vice President and Chief Financial Officer (CFO) effective October 22, 2014. Ross currently serves as Executive Vice President and CFO of Avon Products, Inc. She served as Executive Vice President and CFO of Royal Ahold N.V. from 2007 to 2011 and held various other finance positions at Royal Ahold from 2001 to 2007. Ross earned a Bachelor of Arts de... 
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09/08/14Baker Hughes Announces August 2014 Rig Counts
HOUSTON, Sept. 8, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for August 2014 was 1,339, down 43 from the 1,382 counted in July 2014, and up 72 from the 1,267 counted in August 2013. The international offshore rig count for August 2014 was 315, down 21 from the 336 counted in July 2014, and up 6 from the 309 counted in August 2013.  The average U.S. rig count for August 2014 was 1,904, up 28 from the 1,876 counted in July 2014, a... 
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09/04/14Baker Hughes and Aker Solutions Receive Regulatory Approvals for Subsea Production Alliance
HOUSTON, Sept. 4, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) and Aker Solutions (OSE: AKSO) announced today that they have received the necessary regulatory approvals for the Subsea Production Alliance announced in April 2014.   Earlier this year, Baker Hughes and Aker Solutions agreed to form an alliance to develop technology for production solutions designed to boost output, increase recovery rates and reduce costs for subsea fields. The alliance combines Aker Solutions' str... 
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09/02/14Baker Hughes Acquires Weatherford's Pipeline and Specialty Services Business
HOUSTON, Sept. 2, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) and Weatherford International plc (NYSE: WFT) today announced that they have closed the previously announced purchase and sale of Weatherford's pipeline and specialty services business. The acquisition provides Baker Hughes with an expanded range of pre-commissioning, deepwater and in-line inspection services worldwide. The addition of over 700 process and pipeline specialists to Baker Hughes' Process and Pipelin... 
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08/22/14Baker Hughes' Chairman and CEO to Present at 2014 Barclays CEO Energy-Power Conference
HOUSTON, Aug. 22, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the Company's Chairman and Chief Executive Officer, Martin Craighead, will present at the Barclays CEO Energy-Power Conference on Wednesday, September 3, 2014, at 9:45 a.m. Eastern time.   If you would like to listen to the presentation and view the presentation materials during the conference, please log onto the "Events & Presentations" page on our website at: www.bakerhughes.com/investor. If y... 
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08/08/14Baker Hughes Announces Third Quarter 2014 Conference Call
HOUSTON, Aug. 8, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that it has scheduled a conference call on Thursday, October 16, 2014, to discuss results for the third quarter 2014, ending September 30, 2014. The call will begin at 8:30 a.m. Eastern time.  The results are expected to be released before the market opens on Thursday, October 16, 2014. To access the call via a live webcast, please visit our website at:  www.bakerhughes.com/investor. The call will also... 
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08/07/14Baker Hughes Announces July 2014 Rig Counts
HOUSTON, Aug. 7, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for July 2014 was 1,382, up 38 from the 1,344 counted in June 2014, and up 77 from the 1,305 counted in July 2013. The international offshore rig count for July 2014 was 336, up 16 from the 320 counted in June 2014, and up 16 from the 320 counted in July 2013.  The average U.S. rig count for July 2014 was 1,876, up 15 from the 1,861 counted in June 2014, and up 110 from... 
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07/17/14Baker Hughes Announces Second Quarter Results
- Record revenue of $5.9 billion for the quarter, up 8% year over year - Adjusted profit before tax from operations of $778 million, up 15% sequentially - Repurchase of $200 million of shares during the quarter HOUSTON, July 17, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today results for the second quarter of 2014 are as follows: Q2 2014 Q2 2013 Q1 2014 Revenue (millions) $ 5,935 $ ... 
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07/11/14Baker Hughes Announces Second Quarter 2014 Well Count
- Well count increases 4.3% compared to the second quarter 2013 HOUSTON, July 11, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the U.S. onshore well count for the second quarter 2014 was 9,394 wells, up 428 wells or 5% compared to the first quarter 2014. Compared to the second quarter 2013, the well count was up 383 wells or 4%. Compared to the first quarter 2014, the well count increased most notably in the Permian basin (up 265 wells or 11%), Marcellu... 
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07/08/14Baker Hughes Announces June 2014 Rig Counts
HOUSTON, July 8, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for June 2014 was 1,336, down 14 from the 1,350 counted in May 2014, and up 3 from the 1,333 counted in June 2013. The international offshore rig count for June 2014 was 314, down 12 from the 326 counted in May 2014, and down 23 from the 337 counted in June 2013.  The average U.S. rig count for June 2014 was 1,861, up 2 from the 1,859 counted in May 2014, and up 100 fro... 
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06/10/14Baker Hughes Appoints New Members to Board of Directors
HOUSTON, June 10, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today the appointment of Greg Brenneman, chairman of CCMP Capital Advisors, LLC (CCMP Capital), and W.H. "Bill" Easter III, retired chairman, president, and chief executive officer of DCP Midstream, to its board of directors. Prior to his role as chairman, president, and CEO of DCP Midstream, Easter, age 64, served in several leadership, operating, and commercial roles at ConocoPhillips, including areas rel... 
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06/06/14Baker Hughes Announces May 2014 Rig Counts
HOUSTON, June 6, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for May 2014 was 1,350, up 1 from the 1,349 counted in April 2014, and up 67 from the 1,283 counted in May 2013. The international offshore rig count for May 2014 was 326, down 3 from the 329 counted in April 2014, and down 1 from the 327 counted in May 2013.  The average U.S. rig count for May 2014 was 1,859, up 24 from the 1,835 counted in April 2014, and up 92 from ... 
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05/14/14Baker Hughes to Present at UBS Global Oil and Gas Conference
HOUSTON, May 14, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the Company's Senior Vice President and Chief Financial Officer, Peter A. Ragauss, will present at the UBS Global Oil and Gas Conference on Tuesday, May 20, 2014, at 9:05 a.m. Eastern time.   If you would like to listen to the presentation and view the presentation materials during the conference, please log onto the "Events & Presentations" page on our website at: www.bakerhughes.com/investor... 
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05/09/14Baker Hughes Declares Increase in Quarterly Dividend
HOUSTON, May 9, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the Board of Directors declared the regular quarterly cash dividend of $0.17 per share of common stock payable August 15, 2014, to holders of record on August 4, 2014. This represents a $0.02 or 13% increase per share over the previous quarter's dividend of $0.15 per share of common stock. "The increase to our dividend is a result of recent earnings growth, and reflects our commitment to deploy cap... 
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05/07/14Baker Hughes Announces April 2014 Rig Counts
HOUSTON, May 7, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for April 2014 was 1,349, up 4 from the 1,345 counted in March 2014, and up 48 from the 1,301 counted in April 2013. The international offshore rig count for April 2014 was 329, down 5 from the 334 counted in March 2014, and down 2 from the 331 counted in April 2013.  The average U.S. rig count for April 2014 was 1,835, up 32 from the 1,803 counted in March 2014, and up ... 
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04/29/14Baker Hughes Announces 2014 Analyst Conference
HOUSTON, April 29, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that it will hold its 2014 Analyst Conference in Tomball, Texas on Thursday, May 8 and Friday, May 9, 2014. Management presentations will be held on the morning of Friday, May 9, 2014 and will be available for the public to view via a live webcast starting at approximately 9:40 a.m. Eastern time. Management presentations will be completed at approximately 12:30 p.m. Eastern time, and will be immediately... 
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04/24/14Baker Hughes Declares Quarterly Dividend
HOUSTON, April 24, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) Chairman and Chief Executive Officer, Martin S. Craighead, announced today that the Baker Hughes Board of Directors declared the regular quarterly cash dividend of $0.15 per share of common stock payable May 16, 2014, to holders of record on May 5, 2014. Baker Hughes is a leading supplier of oilfield services, products, technology and systems to the worldwide oil and natural gas industry. The company's 59,000-plus e... 
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04/23/14Baker Hughes Announces Second Quarter 2014 Conference Call
HOUSTON, April 23, 2014  /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that it has scheduled a conference call on Thursday, July 17, 2014, to discuss results for the second quarter 2014, ending June 30, 2014. The call will begin at 8:30 a.m. Eastern time.  The results are expected to be released on Thursday, July 17, 2014, before the market opens. To access the call via a live webcast, please visit our website at:  www.bakerhughes.com/investor. The call will also be av... 
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04/22/14Baker Hughes and Aker Solutions Form Subsea Production Alliance
HOUSTON and OSLO, Norway, April 22, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) and Aker Solutions ASA (OSE:AKSO) have agreed to form an alliance to develop technology for production solutions that will boost output, increase recovery rates and reduce costs for subsea fields. The non-incorporated alliance will combine Aker Solutions' strengths in subsea production and processing systems with Baker Hughes' expertise in well completions and artificial-lift technology to deliver re... 
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04/17/14Baker Hughes Announces First Quarter Results
-Revenue of $5.7 billion for the quarter, up 10% year over year -Adjusted net income of $0.84 per share for the quarter, up 29% year over year -Repurchase of $200 million of shares during the quarter HOUSTON, April 17, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today results for the first quarter of 2014 are as follows: Q1 2014 Q1 2013 Q4 2013 Revenue (millions) $ 5,731 $ 5,230 ... 
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04/11/14Baker Hughes Announces First Quarter 2014 Well Count
- Well count increases 4% compared to the first quarter 2013 HOUSTON, April 11, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the U.S. onshore well count for the first quarter 2014 was 8,853 wells, down 230 wells or 3% compared to the fourth quarter 2013.  Compared to the first quarter 2013, the well count was up 319 wells or 4%. Due to improved drilling efficiencies, the average US onshore drilling rig now produces 3% more wells compared to the same quarter... 
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04/08/14Baker Hughes Acquires Software Technology Company
Acquisition strengthens real-time digital capabilities HOUSTON, April 8, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today the acquisition of Perfomix, Inc., a Texas-based oilfield software technology company focused on solutions to enhance oil and gas operations' performance. Perfomix will operate as a wholly-owned subsidiary of Baker Hughes and will be integrated into the company's remote operations services organization. Perfomix offers a data and ... 
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04/07/14Baker Hughes Announces March 2014 Rig Counts
HOUSTON, April 7, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for March 2014 was 1,345, up 4 from the 1,341 counted in February 2014, and up 77 from the 1,268 counted in March 2013. The international offshore rig count for March 2014 was 334, up 16 from the 318 counted in February 2014, and up 18 from the 316 counted in March 2013.  The average U.S. rig count for March 2014 was 1,803, up 34 from the 1,769 counted in February 201... 
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03/25/14CGG and Baker Hughes Sign Exclusive Long-term RoqSCAN Agreement as Part of Shale Science Alliance
HOUSTON, March 25, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that it has signed an exclusive agreement with CGG (NYSE/Euronext: CGG) for RoqSCAN™ technology offered by CGG. RoqSCAN is a real-time, fully portable, quantitative and automated rock properties and mineralogical analyzer. Developed by Robertson, a CGG company, and Carl Zeiss Microscopy Ltd., RoqSCAN delivers highly quantitative compositional and textural mineralogical data from drilling cuttings or ... 
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03/24/14Weatherford and Baker Hughes Announce Sale and Purchase of Pipeline and Specialty Services Business
HOUSTON, March 24, 2014 /PRNewswire/ -- Weatherford International Ltd. (NYSE / Euronext Paris / SIX: WFT) and Baker Hughes Incorporated (NYSE: BHI) announce today that they have signed an agreement for the sale of Weatherford's pipeline and specialty services business to a subsidiary of Baker Hughes for a total consideration of $250 million, including $241 million in cash and $9 million in retained working capital. The sale is part of Weatherford's previously announced plan to divest its non-cor... 
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03/19/14Baker Hughes and TMK to Deliver Integrated Solutions
Well Completion Solutions Designed to Mitigate Risk and Reduce Costs HOUSTON, March 19, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) one of the world's largest oilfield service companies, and TMK, one of the world's largest producers of pipes for the oil and gas industry, announced today that they have signed a letter of intent to jointly develop integrated well completion solutions. Targeted at both onshore and offshore fields, the solutions will provide turnkey well compl... 
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03/13/14Baker Hughes to Present at Howard Weil Energy Conference
HOUSTON, March 13, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that its Chairman and Chief Executive Officer, Martin Craighead, will present at the Howard Weil Energy Conference in New Orleans on Tuesday, March 25, 2014, at 9:00 a.m. Eastern time. The presentation materials will be available for viewing on the "Events & Presentations" page of our website at: www.bakerhughes.com/investor when the presentation begins. Baker Hughes is a leading supplier of ... 
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03/07/14Baker Hughes Announces February 2014 Rig Counts
HOUSTON, March 7, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for February 2014 was 1,341, up 16 from the 1,325 counted in January 2014, and up 66 from the 1,275 counted in February 2013. The international offshore rig count for February 2014 was 318, up 16 from the 302 counted in January 2014, and down 5 from the 323 counted in February 2013.  The average U.S. rig count for February 2014 was 1,769, unchanged from the count in Ja... 
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02/07/14Baker Hughes Announces January 2014 Rig Counts
HOUSTON, Feb. 7, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for January 2014 was 1,325, down 10 from the 1,335 counted in December 2013, and up 46 from the 1,279 counted in January 2013. The international offshore rig count for January 2014 was 302, down 4 from the 306 counted in December 2013, and down 5 from the 307 counted in January 2013.  The average U.S. rig count for January 2014 was 1,769, down 2 from the 1,771 counted i... 
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01/24/14Baker Hughes Announces First Quarter 2014 Conference Call
HOUSTON, Jan. 24, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that it has scheduled a conference call on Thursday, April 17, 2014, to discuss results for the first quarter 2014, ending March 31, 2014. The call will begin at 9 a.m. Eastern time.  The results are expected to be released on Thursday, April 17, 2014, before the market opens. To access the call via a live webcast, please visit our website at:  www.bakerhughes.com/investor. The call wil... 
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01/23/14Baker Hughes Declares Quarterly Dividend
HOUSTON, Jan. 23, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) Chairman and Chief Executive Officer, Martin S. Craighead, announced today that the Baker Hughes Board of Directors declared the regular quarterly cash dividend of $0.15 per share of common stock payable February 14, 2014, to holders of record on February 3, 2014. Baker Hughes is a leading supplier of oilfield services, products, technology and systems to the worldwide oil and natural gas industry. The company's 59,000... 
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01/21/14Baker Hughes Announces Fourth Quarter and Annual Results
-Record revenue of $5.9 billion for the quarter and $22.4 billion for the year -Adjusted net income of $0.62 per diluted share for the quarter including costs of $0.18 per diluted share related to Iraq -Record free cash flow of $1.5 billion generated during 2013 -Repurchased $350 million of shares during the quarter HOUSTON, Jan. 21, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today results for the fourth quarter of 2013 are as follows: ... 
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01/10/14Baker Hughes Provides Operational Update for the Fourth Quarter of 2013, Repurchases $350 Million in the Company's Common Stock
HOUSTON, Jan. 10, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) provides the following update for the fourth quarter of 2013: Following the disruption to its business in Iraq during the fourth quarter, Baker Hughes resumed operations by the end of December. Due to the lost revenue related to this event, expenses associated with personnel movements and security measures, and other nonrecurring items, the pretax and after-tax profit impact from the disruption in Iraq during the fo... 
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01/10/14Baker Hughes Announces Fourth Quarter 2013 Well Count
- Drilling efficiencies improve 9% compared to the fourth quarter 2012 HOUSTON, Jan. 10, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the U.S. onshore well count for the fourth quarter 2013 is 9,056 wells; down 19 wells from the revised 9,075 wells counted in the third quarter 2013. Compared to the fourth quarter 2012, the well count was up 398 wells or 5%. Due to improved drilling efficiencies, the average US onshore drilling rig now produces 9% more well... 
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01/08/14Baker Hughes Announces December 2013 Rig Counts
HOUSTON, Jan. 8, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for December 2013 was 1,335, up 24 from the 1,311 counted in November 2013, and up 82 from the 1,253 counted in December 2012. The international offshore rig count for December 2013 was 306, down 10 from the 316 counted in November 2013, and up 7 from the 299 counted in December 2012.  The average U.S. rig count for December 2013 was 1,771, up 15 from the 1,756 counted ... 
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12/09/13Baker Hughes Chief Financial Officer Peter A. Ragauss to Retire Next Year
HOUSTON, Dec. 9, 2013 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the Company's Senior Vice President and Chief Financial Officer, Peter A. Ragauss, intends to retire by the end of next year.  "We greatly appreciate Peter's many years of excellent leadership at Baker Hughes, where he has been a great partner to me, our executive team and Board.  He has done a remarkable job leading a world-class transformation of the Finance function and has always demonstrated... 
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12/06/13Baker Hughes Announces Fourth Quarter 2013 Conference Call
HOUSTON, Dec. 6, 2013 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that it has scheduled a conference call on Tuesday, January 21, 2014, to discuss results for the fourth quarter 2013, ending December 31, 2013. The call will begin at 8 a.m. Eastern time.  The results are expected to be released on Tuesday, January 21, 2014, before the market opens. To access the call via a live webcast, please visit our website at:  www.bakerhughes.com/investor. The call will also be ... 
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12/06/13Baker Hughes Announces November 2013 Rig Counts
HOUSTON, Dec. 6, 2013 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for November 2013 was 1,311, down 4 from the 1,315 counted in October 2013, and up 44 from the 1,267 counted in November 2012. The international offshore rig count for November 2013 was 316, unchanged from October 2013, and up 16 from the 300 counted in November 2012.  The average U.S. rig count for November 2013 was 1,756, up 12 from the 1,744 counted in October 2013, ... 
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11/22/13Baker Hughes to Present at the Cowen and Company Ultimate Energy Conference
HOUSTON, Nov. 22, 2013 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today the Company's Senior Vice President and Chief Financial Officer, Peter A. Ragauss, will present at the Cowen and Company Ultimate Energy Conference on Wednesday, December 4, 2013, from 12:05–1:10 p.m. Eastern time at the New York Hilton Midtown Hotel in New York City. If you would like to listen to the presentation and view the presentation materials during the conference, please log onto the "Events... 
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11/11/13Baker Hughes Declares Force Majeure in Iraq
HOUSTON, Nov. 11, 2013 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) today announced that a protest incident by local residents occurred last Saturday at a subsidiary's facility near Basrah, Iraq. No injuries were suffered and the facility was secured. The incident is currently under investigation. Due to the significant disruption of business, Baker Hughes has suspended operations in Iraq, and has issued force majeure notices to its customers.  "Baker Hughes supports the Iraqi oil i... 
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11/07/13Baker Hughes to Present at 2013 Bank of America Merrill Lynch Global Energy Conference
HOUSTON, Nov. 7, 2013 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the Company's Vice President of Strategy and Business Development, Derek Mathieson, will present at the 2013 Bank of America Merrill Lynch Global Energy Conference on Friday, November 22, 2013, at 11:15 a.m. Eastern time.   If you would like to listen to the presentation and view the presentation materials during the conference, please log onto the "Events & Presentations" page on our website at: ... 
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11/07/13Baker Hughes Announces October 2013 Rig Counts
HOUSTON, Nov. 7, 2013 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for October 2013 was 1,315, up 31 from the 1,284 counted in September 2013, and up 56 from the 1,259 counted in October 2012. The international offshore rig count for October 2013 was 316, up 3 from the 313 counted in September 2013, and up 10 from the 306 counted in October 2012.  The average U.S. rig count for October 2013 was 1,744, down 16 from the 1,760 counted in... 
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10/25/13Baker Hughes Declares Quarterly Dividend
HOUSTON, Oct. 25, 2013 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) Chairman and Chief Executive Officer, Martin S. Craighead, announced today that the Baker Hughes Board of Directors declared the regular quarterly cash dividend of $0.15 per share of common stock payable November 15, 2013, to holders of record on November 4, 2013. Baker Hughes is a leading supplier of oilfield services, products, technology and systems to the worldwide oil and natural gas industry. The company's 60,0... 
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10/23/13Baker Hughes Awarded Long-term Contract with PETRONAS Carigali
Companies collaborate to enhance production in mature fields, offshore Malaysia HOUSTON, Oct. 23, 2013 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) today announced that PETRONAS Carigali Sdn. Bhd. (PCSB) has entered into a long-term Oilfield Service Agreement (OFSA) with Baker Hughes to enhance the recoverable reserves and production of hydrocarbons in the Greater D18 fields, offshore Malaysia. The 23-year agreement is the result of a collaborative, 2 1/2-year field development... 
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10/18/13Baker Hughes Announces Third Quarter Results
- Record revenue of $5.8 billion - Adjusted net income of $0.81 per diluted share including $0.09 per diluted share for bad debt provisions in Latin America - Record Eastern Hemisphere revenue and operating profit, with revenue increasing 20% compared to the third quarter of 2012 HOUSTON, Oct. 18, 2013 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today results for the third quarter of 2013 are as follows: Q3 2013 Q2 2013 Q3 2... 
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10/11/13Baker Hughes Announces Third Quarter 2013 Well Count
- Continued improvement in drilling efficiencies during the third quarter drives U.S. well count higher, despite static rig count. - Permian, Williston, and Eagle Ford basins continue to be the most active areas in the U.S. HOUSTON, Oct. 11, 2013 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the U.S. onshore Well Count for the third quarter 2013 is 9,175 wells; up 164 wells or 2% from the revised 9,011 wells counted in the second quarter 2013.  Compared to the... 
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10/07/13Baker Hughes Announces September 2013 Rig Counts
HOUSTON, Oct. 7, 2013 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for September 2013 was 1,284, up 17 from the 1,267 counted in August 2013, and up 30 from the 1,254 counted in September 2012. The international offshore rig count for September 2013 was 313, up 4 from the 309 counted in August 2013, and up 20 from the 293 counted in September 2012.  The average U.S. rig count for September 2013 was 1,760, down 21 from the 1,781 counted... 
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09/23/13Baker Hughes and CGG Strengthen Business Alliance
Joint venture focuses on microseismic monitoring, optimizes reservoir understanding HOUSTON (September 23, 2013) – Baker Hughes Incorporated (NYSE: BHI) and CGG (NYSE/Euronext: CGG) announced today the signing of a Letter of Intent to realign the firms’ VSFusion joint venture to focus on microseismic monitoring, processing, visualization, and interpretation as well as microseismic permanent monitoring. The joint venture, now called Magnitude, strengthens the capabilities of Baker Hughes and CGG... 
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09/09/13Baker Hughes Announces August 2013 Rig Counts
HOUSTON, Sept. 9, 2013 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for August 2013 was 1,267, down 38 from the 1,305 counted in July 2013, and up 6 from the 1,261 counted in August 2012. The international offshore rig count for August 2013 was 309, down 11 from the 320 counted in July 2013, and up 9 from the 300 counted in August 2012.  The average U.S. rig count for August 2013 was 1,781, up 15 from the 1,766 counted in July 2013, a... 
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09/04/13Baker Hughes' Chairman and CEO to Present at 2013 Barclays CEO Energy - Power Conference
HOUSTON, Sept. 4, 2013 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the global oilfield service company's Chairman and Chief Executive Officer Martin Craighead will present at the Barclays CEO Energy – Power Conference on Wednesday, September 11, 2013, at 10:25 a.m. Eastern time.   If you would like to listen to the presentation and view the presentation materials during the conference, please log onto the "Events & Presentations" page on our website at: www.bake... 
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08/21/13Baker Hughes Announces Third Quarter 2013 Conference Call
HOUSTON, Aug. 21, 2013 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that it has scheduled a conference call on Friday, October 18, 2013, to discuss results for the third quarter 2013, ending September 30, 2013. The call will begin at 8 a.m. EDT.  The results are expected to be released on Friday, October 18, 2013, before the market opens. To access the call via a live webcast, please visit our "Events and Presentations" page on our website at:  www.bakerhughes.com/inv... 
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08/07/13Baker Hughes Announces July 2013 Rig Counts
HOUSTON, Aug. 7, 2013 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for July 2013 was 1,305, down 28 from the 1,333 counted in June 2013, and up 41 from the 1,264 counted in July 2012. The international offshore rig count for July 2013 was 320, down 17 from the 337 counted in June 2013, and up 33 from the 287 counted in July 2012.  The average U.S. rig count for July 2013 was 1,766, up 5 from the 1,761 counted in June 2013, and down 179... 
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07/25/13Baker Hughes Declares Quarterly Dividend
HOUSTON, July 25, 2013 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) Chairman and Chief Executive Officer, Martin S. Craighead, announced today that the Baker Hughes Board of Directors declared the regular quarterly cash dividend of $0.15 per share of common stock payable August 16, 2013, to holders of record on August 5, 2013. Baker Hughes is a leading supplier of oilfield services, products, technology and systems to the worldwide oil and natural gas industry. The company's 59,000-p... 
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07/19/13Baker Hughes Announces Second Quarter Results
HOUSTON, July 19, 2013 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:  BHI) announced today net income on a GAAP basis for the second quarter of 2013 of $240 million or $0.54 per diluted share.  This includes after-tax charges of $20 million ($0.05 per diluted share) for bad debt provisions in Latin America and $7 million ($0.02 per diluted share) for an inventory charge related to certain proppants used in pressure pumping in North America.  These results compare to net in... 
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07/18/13Baker Hughes Introduces Well Count
New Well Count Index Complements Legacy Rig Count HOUSTON, July 18, 2013 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today the introduction of the Baker Hughes Well Count, a new index that provides key U.S. onshore well count data to the oil and gas industry. The proprietary count will be available on a quarterly basis.  The Baker Hughes Well Count is a natural extension of the Baker Hughes Rig Count, which has provided key activity data for more than 70 years.  "We'... 
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07/09/13Baker Hughes Announces June 2013 Rig Counts
HOUSTON, July 9, 2013 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for June 2013 was 1,333, up 50 from the 1,283 counted in May 2013, and up 48 from the 1,285 counted in June 2012. The international offshore rig count for June 2013 was 337, up 10 from the 327 counted in May 2013, and up 32 from the 305 counted in June 2012.  The average U.S. rig count for June 2013 was 1,761, down 6 from the 1,767 counted in May 2013, and down 211 f... 
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06/07/13Baker Hughes Announces May 2013 Rig Counts
HOUSTON, June 7, 2013 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for May 2013 was 1,283, down 18 from the 1,301 counted in April 2013, and up 58 from the 1,225 counted in May 2012. The international offshore rig count for May 2013 was 327, down 4 from the 331 counted in April 2013, and up 8 from the 319 counted in May 2012.  The average U.S. rig count for May 2013 was 1,767, up 12 from the 1,755 counted in April 2013, and dow... 
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05/28/13Baker Hughes Names New Corporate Treasurer
HOUSTON, May 28, 2013 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Mike Sumruld has been named Vice President and Treasurer.  "Mike brings more than 20 years of diversified financial expertise, international experience and a record of solid performance within Baker Hughes to his new role as Treasurer," said Peter Ragauss, Baker Hughes Senior Vice President and Chief Financial Officer. "We believe this depth of experience will enable him to interact very effective... 
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05/14/13Baker Hughes' CFO to Present at 2013 UBS Global Oil and Gas Conference
HOUSTON, May 14, 2013 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the global oilfield service company's Chief Financial Officer Peter Ragauss will present at the UBS Global Oil and Gas Conference on Wednesday, May 22, 2013, at 9:40 a.m. Eastern time.   If you would like to listen to the presentation and view the presentation materials during the conference, please log onto the "Events & Presentations" page on our website at: www.bakerhughes.com/investor. If you ... 
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05/08/13Baker Hughes Announces Conference Call
HOUSTON, May 8, 2013 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that it has scheduled a conference call on Friday, July 19, 2013, to discuss results for the second quarter 2013, ending June 30, 2013. The call will begin at 8 a.m. EDT.  The results are expected to be released on Friday, July 19, 2013, before the market opens. To access the call via a live webcast, please visit our website at:  www.bakerhughes.com/investor. The call will also be available by dialing t... 
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05/07/13Baker Hughes Announces April 2013 Rig Counts
HOUSTON, May 7, 2013 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for April 2013 was 1,301, up 33 from the 1,268 counted in March 2013, and up 123 from the 1,178 counted in April 2012. The international offshore rig count for April 2013 was 331, up 15 from the 316 counted in March 2013 and up 32 from the 299 counted in April 2012.  The average U.S. rig count for April 2013 was 1,755, down 1 from the 1,756 counted in March 2013 and down... 
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04/25/13Baker Hughes Declares Quarterly Dividend
HOUSTON, April 25, 2013 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) Chairman and Chief Executive Officer, Martin S. Craighead, announced today that the Baker Hughes Board of Directors declared the regular quarterly cash dividend of $0.15 per share of common stock payable May 17, 2013, to holders of record on May 6, 2013. Baker Hughes is a leading supplier of oilfield services, products, technology and systems to the worldwide oil and natural gas industry. The company's 58,000-plus e... 
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04/23/13Baker Hughes Recommends Stockholders Reject "Mini-Tender Offer" by TRC Capital Corporation
HOUSTON, April 23, 2013 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) received notification of an unsolicited "mini-tender" offer by TRC Capital Corporation to purchase up to 2,500,000 shares, or approximately 0.56 percent, of common stock of Baker Hughes at $42.00 per share. This offering price is 4.61 percent below the $44.03 per share closing price of Baker Hughes shares on April 17, 2013, the day before the offer. In addition, TRC may terminate or amend its offer if certain condition... 
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04/19/13Baker Hughes Announces First Quarter Results
HOUSTON, April 19, 2013 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today adjusted net income (a non-GAAP measure) for the first quarter of 2013 of $290 million or $0.65 per diluted share. This compares to net income of $0.49 per diluted share for the fourth quarter of 2012, and $0.86 per diluted share for the first quarter of 2012. Adjusted net income for the first quarter of 2013 excludes a foreign exchange loss of $23 million before and after-tax ($0.05 per diluted share... 
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04/05/13Baker Hughes Announces March 2013 Rig Counts
HOUSTON, April 5, 2013 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for March 2013 was 1,268, down 7 from the 1,275 counted in February 2013, and up 76 from the 1,192 counted in March 2012. The international offshore rig count for March 2013 was 316, down 7 from the 323 counted in February 2013 and up 13 from the 303 counted in March 2012.  The average U.S. rig count for March 2013 was 1,756, down 6 from the 1,762 counted in February 2... 
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03/08/13Baker Hughes to Present at Howard Weil Energy Conference
HOUSTON, March 8, 2013 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that its President and Chief Executive Officer, Martin Craighead, will present at the Howard Weil Energy Conference in New Orleans on Tuesday, March 19, 2013, at 9:25 a.m. Eastern time.  The presentation materials will be available for viewing on the "Events & Presentations" page of our website at: www.bakerhughes.com/investor when the presentation begins. Baker Hughes is a leading supplier of ... 
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03/07/13Baker Hughes Announces February 2013 Rig Counts
HOUSTON, March 7, 2013 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for February 2013 was 1,275, down 4 from the 1,279 counted in January 2013, and up 71 from the 1,204 counted in February 2012. The international offshore rig count for February 2013 was 323, up 16 from the 307 counted in January 2013 and up 3 from the 320 counted in February 2012.  Beginning this month, the international rig count excludes rigs in Syria due to diff... 
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03/05/13Baker Hughes Announces Conference Call
HOUSTON, March 5, 2013 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that it has scheduled a conference call on Friday, April 19, 2013, to discuss results for the first  quarter 2013, ending March 31, 2013. The call will begin at 8:00 a.m. EST.  The results are expected to be released on Friday, April 19, 2013, before the market opens. To access the call via a live webcast, please visit our website at:  www.bakerhughes.com/investor. The call will also be available ... 
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02/07/13Baker Hughes Announces January 2013 Rig Counts
HOUSTON, Feb. 7, 2013 /PRNewswire via COMTEX/ --Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for January 2013 was 1,279, up 26 from the 1,253 counted in December 2012, and up 108 from the 1,171 counted in January 2012. The international offshore rig count for January 2013 was 307, up 8 from the 299 counted in December 2012 and unchanged from the 307 counted in January 2012. The average U.S. rig count for January 2013 was 1,757, down 27 from the 1,784 c... 
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02/04/13Baker Hughes to Retain Process and Pipeline Services Business
HOUSTON, Feb. 4, 2013 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that it will retain its Process and Pipeline Services business. Going forward, this business will be reclassified as continuing operations within the Industrial Services segment.  Baker Hughes is a leading supplier of oilfield services, products, technology and systems to the worldwide oil and natural gas industry. The company's 58,000-plus employees today work in more than 80 countries... 
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01/25/13Baker Hughes Chairman Chad Deaton to Retire, Martin Craighead to Assume Role
HOUSTON, Jan. 25, 2013 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Chad Deaton will retire from Baker Hughes on April 25, 2013 at the Company's Annual Meeting and that Martin Craighead will become Chairman in addition to his current role as President and Chief Executive Officer (CEO). John Riley, Lead Director of the Baker Hughes Board, said "Chad has provided more than eight years of exceptional leadership to Baker Hughes and its employees throu... 
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01/25/13Baker Hughes Declares Quarterly Dividend
HOUSTON, Jan. 25, 2013 /PRNewswire via COMTEX/ --Baker Hughes Incorporated (NYSE: BHI) President and Chief Executive Officer, Martin S. Craighead, announced today that the Baker Hughes Board of Directors declared the regular quarterly cash dividend of $0.15 per share of common stock payable February 15, 2013, to holders of record on February 4, 2013. Baker Hughes is a leading supplier of oilfield services, products, technology and systems to the worldwide oil and natural gas industry. The com... 
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01/23/13Baker Hughes Announces Fourth Quarter and Annual Results
HOUSTON, Jan. 23, 2013 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today income from continuing operations attributable to Baker Hughes for the fourth quarter of 2012 of $211 million or $0.48 per diluted share, including an after-tax charge of $63 million ($0.14 per diluted share) for bad debt provisions in Latin America.  These results compare to adjusted income from continuing operations (a non-GAAP measure) of $526 million or $1.20 per diluted share for the fourth quar... 
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01/08/13Baker Hughes Announces December 2012 Rig Counts
HOUSTON, Jan. 8, 2013 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for December 2012 was 1,253, down 14 from the 1,267 counted in November 2012, and up 73 from the 1,180 counted in December 2011. The international offshore rig count for December 2012 was 299, down 1 from the 300 counted in November 2012 and unchanged from the 299 counted in December 2011.  The average U.S. rig count for December 2012 was 1,784, down 25 from the 1... 
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01/02/13Baker Hughes Names New Chief Information Officer
HOUSTON, Jan. 2, 2013 /PRNewswire via COMTEX/ --Baker Hughes Incorporated (NYSE: BHI) announced today that Archana (Archie) Deskus, an executive with experience leading information technology functions within the aerospace, industrials and consumer products industries, will join the global oilfield services company as its Chief Information Officer effective January 14, 2013. Deskus will come to Baker Hughes from Ingersoll-Rand, where she was Vice President and Chief Information Officer. "A... 
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12/18/12Baker Hughes Issues Outlook for the Fourth Quarter of 2012
HOUSTON, Dec. 18, 2012 /PRNewswire via COMTEX/ --Baker Hughes Incorporated (NYSE: BHI) provides the following update to North America and International operations for the fourth quarter of 2012: North America revenue and profit margins are expected to be lower than previous expectations due to weaker than anticipated onshore activity and further price erosion within Pressure Pumping operations. As a result, North America operating profit before tax margin1 is now expected to be between 8.5% a... 
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12/07/12Baker Hughes Announces November 2012 Rig Counts
HOUSTON, Dec. 7, 2012 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for November 2012 was 1,267, up 8 from the 1,259 counted in October 2012, and up 82 from the 1,185 counted in November 2011. The international offshore rig count for November 2012 was 300, down 6 from the 306 counted in October 2012 and down 2 from the 302 counted in November 2011.  The average U.S. rig count for November 2012 was 1,809, down 25 from the 1,834 count... 
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11/27/12Baker Hughes' CFO to Present at 2012 Dahlman Rose Conference
HOUSTON, Nov. 27, 2012 /PRNewswire via COMTEX/ --Baker Hughes Incorporated (NYSE: BHI) announced today that the global oilfield service company's Chief Financial Officer Peter Ragauss will present at the Dahlman Rose & Co. Ultimate Oil Services and E&P Conference on Tuesday, December 4, 2012, at 9:35 a.m. Eastern time. If you would like to listen to the presentation and view the presentation materials during the conference, please log onto the "Events & Presentations" page on our ... 
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11/26/12Baker Hughes Converts Fleet of Hydraulic Fracturing Units to Bifuel
First successful U.S. operation replaces diesel fuel with cleaner burning natural gas HOUSTON, Nov. 26, 2012 /PRNewswire via COMTEX/ --Baker Hughes Incorporated (NYSE: BHI), through its subsidiary Baker Hughes Oilfield Operations, has converted a fleet of its Rhino™ hydraulic fracturing units to bifuel pumps as a way to improve operational efficiency, lower costs, and reduce health, safety and environmental impacts. The new pumps use a mixture of natural gas and diesel, reducing diesel use... 
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11/07/12Baker Hughes Announces October 2012 Rig Counts
HOUSTON, Nov. 7, 2012 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for October 2012 was 1,259, up 5 from the 1,254 counted in September 2012, and up 62 from the 1,197 counted in October 2011. The international offshore rig count for October 2012 was 306, up 13 from the 293 counted in September 2012 and down 6 from the 312 counted in October 2011.  The average U.S. rig count for October 2012 was 1,834, down 25 from the 1,859 counted... 
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11/05/12Baker Hughes, CGGVeritas Collaborate to Help Shale Operators Drill More Productive Wells
Integration of seismic and drilling services identifies sweet spot, improves development decisions HOUSTON, Nov. 5, 2012 /PRNewswire via COMTEX/ --Baker Hughes Incorporated (NYSE: BHI) and CGGVeritas (NYSE: CGV, Euronext) announced today a collaborative relationship to improve shale reservoir exploration. Using reservoir models that integrate log-derived, near-wellbore geomechanical and petrophysical properties from Baker Hughes with calibrated seismic data from CGGVeritas, operators can o... 
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10/31/12Baker Hughes to Present at Bank of America Merrill Lynch 2012 Global Energy Conference
HOUSTON, Oct. 31, 2012 /PRNewswire via COMTEX/ --Baker Hughes Incorporated (NYSE: BHI) announced today that John "Andy" O'Donnell, Baker Hughes' Vice President Office of the Chief Executive Officer, will present at the Bank of America Merrill Lynch 2012 Global Energy Conference in Miami on Tuesday, November 13, 2012, at 8:15 a.m. Eastern time. If you would like to listen to the presentation and view the presentation materials during the conference, please log onto the "Events & Presentati... 
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10/25/12Baker Hughes Declares Quarterly Dividend
HOUSTON, Oct. 25, 2012 /PRNewswire via COMTEX/ --Baker Hughes Incorporated (NYSE: BHI) President and Chief Executive Officer, Martin S. Craighead, announced today that the Baker Hughes Board of Directors declared the regular quarterly cash dividend of $0.15 per share of common stock payable November 16, 2012, to holders of record on November 5, 2012. (Logo: http://photos.prnewswire.com/prnh/20121024/MM99799LOGO) Baker Hughes is a leading supplier of oilfield services, products, technology ... 
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10/19/12Baker Hughes Announces Third Quarter Results
HOUSTON, Oct. 19, 2012 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today adjusted net income (a non-GAAP measure) for the third quarter of 2012 of $322 million or $0.73 per diluted share.  This compares to adjusted net income of $1.18 per diluted share for the third quarter of 2011, and $1.00 per diluted share for the second quarter of 2012. Adjusted net income for the third quarter of 2012 excludes an after-tax charge of $28 million ($0.07 per diluted share) related t... 
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10/05/12Baker Hughes Announces September 2012 Rig Counts
HOUSTON, Oct. 5, 2012 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for September 2012 was 1,254, down 7 from the 1,261 counted in August 2012, and up 80 from the 1,174 counted in September 2011. The international offshore rig count for September 2012 was 293, down 7 from the 300 counted in August 2012 and down 11 from the 304 counted in September 2011.  The average U.S. rig count for September 2012 was 1,859, down 54 from the 1... 
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09/10/12Baker Hughes Announces August 2012 Rig Counts
HOUSTON, Sept. 10, 2012 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for August 2012 was 1,261, down 3 from the 1,264 counted in July 2012, and up 78 from the 1,183 counted in August 2011. The international offshore rig count for August 2012 was 300, up 14 from the 286 counted in July 2012 and down 18 from the 318 counted in August 2011.  The average U.S. rig count for August 2012 was 1,913, down 32 from the 1,945 counted in July ... 
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08/28/12Baker Hughes Names New Chief Technology Officer
HOUSTON, Aug. 28, 2012 /PRNewswire via COMTEX/ --Baker Hughes Incorporated (NYSE: BHI) has named Dr. Mario Ruscev as the global oilfield service company's new Chief Technology Officer. Dr. Ruscev joins Baker Hughes from Geotech Seismic Services, a Russian seismic company, where he served as Chief Executive Officer. His career includes more than three decades of technology and operations experience in the oilfield services industry. "We are pleased that Mario is joining Baker Hughes and in ... 
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08/23/12Baker Hughes to Present at Barclays CEO Energy-Power Conference
HOUSTON, Texas, Aug. 23, 2012 /PRNewswire via COMTEX/ --Baker Hughes Incorporated (NYSE: BHI) announced today that its President and Chief Executive Officer Martin Craighead will present at the Barclays CEO Energy-Power Conference in New York on Wednesday, September 5, 2012, at 9:05 a.m. Eastern time. If you would like to listen to the presentation and view the presentation materials during the conference, please log onto the "Events & Presentations" page on our website at: www.bakerhughe... 
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08/13/12Baker Hughes Announces Conference Call
HOUSTON, Aug. 13, 2012 /PRNewswire via COMTEX/ --Baker Hughes (NYSE: BHI) announced today that it has scheduled a conference call on Friday, October 19, 2012, to discuss results for the third quarter 2012, ending September 30, 2012. The call will begin at 8 a.m. EST. The results are expected to be released on Friday, October 19, 2012, before the market opens. To access the call, please call the conference call operator at: 800-374-2469, or 706-634-7270. For international calls, please call 2... 
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08/07/12Baker Hughes Announces July 2012 Rig Counts
HOUSTON, Aug. 7, 2012 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for July 2012 was 1,264, down 21 from the 1,285 counted in June 2012, and up 114 from the 1,150 counted in July 2011. The international offshore rig count for July 2012 was 286, down 19 from the 305 counted in June 2012 and down 21 from the 307 counted in July 2011.  The average U.S. rig count for July 2012 was 1,945, down 27 from the 1,972 counted in June 2012 and ... 
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07/26/12Baker Hughes Declares Quarterly Dividend
HOUSTON, July 26, 2012 /PRNewswire via COMTEX/ --Baker Hughes (NYSE: BHI) President and Chief Executive Officer Martin S. Craighead announced today that the Baker Hughes Board of Directors declared the regular quarterly cash dividend of $0.15 per share of common stock payable August 17, 2012, to holders of record on August 6, 2012. Baker Hughes is a leading supplier of oilfield services, products, technology and systems to the worldwide oil and natural gas industry. The company's 58,000-plus ... 
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07/20/12Baker Hughes Announces Second Quarter Results
HOUSTON, July 20, 2012 /PRNewswire via COMTEX/ --Baker Hughes Incorporated (NYSE: BHI) announced today net income of $439 million for the second quarter of 2012. Diluted earnings per share was $1.00, which compares to $0.77 for the second quarter of 2011 and $0.86 for the first quarter of 2012. Revenue for the second quarter of 2012 was $5.33 billion, up 12% compared to $4.74 billion for the second quarter of 2011 and down 0.5% compared to $5.36 billion for the first quarter of 2012. "Bak... 
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07/09/12Baker Hughes Announces June 2012 Rig Counts
HOUSTON, July 9, 2012 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for June 2012 was 1,285 rigs. The June international rig count includes the addition of 79 rigs in Iraq. This is the first time Baker Hughes has included Iraq in its international rig count since 1990. The June rig count of 1,285 rigs was up 60 from the 1,225 counted in May 2012, and up 127 from the 1,158 counted in June 2011. The international offshore rig count for... 
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06/07/12Baker Hughes Announces May 2012 Rig Counts
HOUSTON, June 7, 2012 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for May 2012 was 1,225, up 47 from the 1,178 counted in April 2012, and up 74 from the 1,151 counted in May 2011. The international offshore rig count for May 2012 was 319, up 20 from the 299 counted in April 2012 and up 13 from the 306 counted in May 2011.  The average U.S. rig count for May 2012 was 1,977, up 16 from the 1,961 counted in April 2012 and up 141 from... 
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06/01/12Baker Hughes Announces Conference Call
HOUSTON, June 1, 2012 /PRNewswire via COMTEX/ --Baker Hughes (NYSE: BHI) announced today that it has scheduled a conference call on Friday, July 20, 2012, to discuss results for the second quarter 2012, ending June 30, 2012. The call will begin at 8 a.m. EDT. The results are expected to be released on Friday, July 20, 2012, before the market opens. To access the call, please call the conference call operator at: 800-374-2469, or 706-634-7270. For international calls, please call 20 minutes pr... 
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05/22/12Baker Hughes' CFO to Present at UBS Oil and Gas Conference
HOUSTON, May 22, 2012 /PRNewswire via COMTEX/ --Baker Hughes (NYSE: BHI) announced today that its Senior Vice President and Chief Financial Officer Peter Ragauss will present on May 23, 2012, at the UBS Global Oil and Gas Conference in Austin, Texas. The presentation materials will be located on the "Events & Presentations" page at: www.bakerhughes.com/investor. If you would like to listen to the presentation during the conference, please log-on to the following website: http://investor.... 
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05/21/12Baker Hughes Appoints Lynn L. Elsenhans to Board of Directors
HOUSTON, May 21, 2012 /PRNewswire via COMTEX/ --Baker Hughes Incorporated (NYSE: BHI) announced today that Lynn L. Elsenhans, former Executive Chairman, President and Chief Executive Officer of Sunoco, Inc., has been appointed to the global oilfield service company's Board of Directors. Ms. Elsenhans will serve on the Audit/Ethics and Governance Committees for Baker Hughes. With her appointment, the board now has 13 directors. Biographical Information Lynn L. Elsenhans, 56, served as Execu... 
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05/11/12Baker Hughes Names New Vice President of Investor Relations
HOUSTON, May 11, 2012 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Trey Clark will become the global oilfield service company's Vice President of Investor Relations. Clark succeeds Adam B. Anderson who on May 29 will begin serving as Baker Hughes' President, Latin America. "Adam has a broad understanding of our operations based on a number of international and domestic assignments," Baker Hughes' President and Chief Executive Officer Martin Craighead said... 
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05/07/12Baker Hughes Announces April 2012 Rig Counts
HOUSTON, May 7, 2012 /PRNewswire via COMTEX/ --Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for April 2012 was 1,178, down 14 from the 1,192 counted in March 2012, and up 49 from the 1,129 counted in April 2011. The international offshore rig count for April 2012 was 299, down 4 from the 303 counted in March 2012 and up 6 from the 293 counted in April 2011. The average U.S. rig count for April 2012 was 1,961, down 18 from the 1,979 counted in March 20... 
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05/03/12Baker Hughes Extends Exchange Offer for Senior Notes Due 2021
HOUSTON, May 10, 2012 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that it has further extended the expiration date of its offer to exchange up to $750 million aggregate principal amount of its 3.20% Senior Notes due 2021 (the "New Notes") that have been registered under the Securities Act of 1933, as amended, for an equal amount of its outstanding 3.20% Senior Notes due 2021 that have not been registered under the Act (the "Old Notes"). As a result of... 
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04/26/12Baker Hughes Declares Quarterly Dividend
HOUSTON, April 26, 2012 /PRNewswire via COMTEX/ --Baker Hughes (NYSE: BHI) President and Chief Executive Officer Martin S. Craighead announced today that the Baker Hughes Board of Directors declared the regular quarterly cash dividend of $0.15 per share of common stock payable May 18, 2012, to holders of record on May 7, 2012. Baker Hughes is a leading supplier of oilfield services, products, technology and systems to the worldwide oil and natural gas industry. The company's 58,000-plus emplo... 
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04/24/12Baker Hughes Announces First Quarter Results
HOUSTON, April 24, 2012 /PRNewswire via COMTEX/ --Baker Hughes Incorporated (NYSE: BHI) announced today net income for the first quarter 2012 of $379 million, or $0.86 per diluted share. This compares to $0.87 per diluted share for the first quarter 2011, and to adjusted net income (a non-GAAP measure) of $1.22 per diluted share and net income of $0.72 per diluted share for the fourth quarter 2011. Please see Table 1 for a reconciliation of GAAP to non-GAAP financial measures. Revenue for t... 
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04/09/12Baker Hughes Announces March 2012 Rig Counts
HOUSTON, April 9, 2012 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for March 2012 was 1,192, down 12 from the 1,204 counted in February 2012, and up 45 from the 1,147 counted in March 2011. The international offshore rig count for March 2012 was 303, down 17 from the 320 counted in February 2012 and up 8 from the 295 counted in March 2011.  The average U.S. rig count for March 2012 was 1,979, down 11 from the 1,990 c... 
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03/26/12Baker Hughes to Present at Howard Weil Energy Conference
HOUSTON, March 26, 2012 /PRNewswire via COMTEX/ --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 co... 
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03/21/12Baker Hughes Issues Outlook for the First Quarter of 2012
HOUSTON, March 21, 2012 /PRNewswire via COMTEX/ --Baker Hughes (NYSE: BHI) announced today that operating profit before tax(1) for the first quarter of 2012 is expected to be lower than the fourth quarter of 2011 primarily due to rapidly changing market conditions in the Pressure Pumping product line in North America and seasonality in all international markets. As a result of the continued shift in U.S. rig activity from natural gas to oil and liquids-rich basins and other market forces, the... 
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03/13/12Baker Hughes to Bring State-of-the-Art Fracturing, Stimulation Vessel to North Sea in 2013
HOUSTON, March 13, 2012 /PRNewswire via COMTEX/ --Baker Hughes Incorporated (BHI--NYSE) announced that its subsidiary has chartered a new state-of-the-art pressure pumping vessel that will provide offshore stimulation services to Maersk Oil in the North Sea. Upon completion, scheduled for late 2013, the Blue Orca(TM) will become the eighth vessel in the Baker Hughes fleet. "We are pleased to be working with Maersk Oil as we expand our current fleet into the North Sea," said Art Soucy, Baker H... 
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03/07/12Update: Baker Hughes Announces February 2012 Rig Counts
(Retransmitting to CORRECT the Month Variance column in chart, as well as all U.S. and Canada rig counts in the commentary and chart) HOUSTON, March 7, 2012 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for February 2012 was 1,204, up 33 from the 1,171 counted in January 2012, and up 15 from the 1,189 counted in February  2011. The international offshore rig count for February 2012 was 320, up 13 from the 307 counted in January 2012 an... 
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03/07/12Baker Hughes Announces February 2012 Rig Counts
  HOUSTON, March 7, 2012 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for February  2012 was 1,204, up 33 from the 1,171 counted in January 2012, and up 15 from the 1,189 counted in February  2011. The international offshore rig count for February 2012 was 320, up 13 from the 307 counted in January 2012 and up 11 from the 309 counted in February 2011.  The US rig count for February 2012 was 1,981, down 27 from the 2,0... 
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03/06/12Baker Hughes Announces Conference Call
HOUSTON, March 6, 2012 /PRNewswire via COMTEX/ --Baker Hughes (NYSE: BHI) announced today that it has scheduled a conference call on Tuesday, April 24, 2012, to discuss results for the first quarter 2012, ending March 31, 2012. The call will begin at 8:30 a.m. EST. The results are expected to be released on Tuesday, April 24, 2012, before the market opens. To access the call, please call the conference call operator at 800-374-2469, or 706-634-7270. For international calls, please call 20 mi... 
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02/29/12Baker Hughes Opens Unconventional Resources Research and Technology Center in Dhahran
DHAHRAN, Saudi Arabia, Feb. 29, 2012 /PRNewswire via COMTEX/ --The Baker Hughes Dhahran Research and Technology Center opens its doors today with a focus on research and development of new technologies to unlock the potential of unconventional resources. The newly constructed, world-class technology and research center is the result of years of planning and a partnership between Baker Hughes (NYSE:BHI) and Saudi Aramco that sets out to solve the challenges in world energy production, said Bak... 
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02/27/12Baker Hughes To Launch AutoTrak Curve Rotary Steerable System
Commercially Launches In March At IADC in San Diego Drills Vertical, Curve, Horizontal Sections in One Fast Run HOUSTON, Feb. 27, 2012 /PRNewswire via COMTEX/ --Drilling in tight leases is challenging for operators, who now can look to Baker Hughes' (NYSE: BHI) AutoTrak Curve(TM) Rotary Steerable System - a revolutionary tool that can drill vertical, curve and horizontal sections in one fast run to maximize available pay zones and reduce the number of trips. The AutoTrak Curve rotary st... 
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02/15/12Updated Investor Presentation
HOUSTON, Feb. 15, 2012 /PRNewswire via COMTEX/ --Baker Hughes (NYSE: BHI) announced today that it posted an updated investor presentation on its website. If you would like to access the presentation, please log on to the following website: http://investor.shareholder.com/bhi/events.cfm. Forward-Looking Statements The presentation referenced in this news release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E ... 
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02/07/12Baker Hughes Announces January 2012 Rig Counts
HOUSTON, Feb. 7, 2012 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for January 2012 was 1,171, down 9 from the 1,180 counted in December 2011, and up 10 from the 1,161 counted in January 2011. The international offshore rig count for January 2012 was 307, up 8 from the 299 counted in December 2011 and down 1 from the 308 counted in January 2011.  The last report of rig activity in Libya was for February 2011. The US r... 
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02/01/12Baker Hughes to Present at Credit Suisse 2012 Energy Summit
VAIL, Colo., Feb. 1, 2012 /PRNewswire via COMTEX/ --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 availabl... 
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01/26/12Baker Hughes Declares Regular Quarterly Dividend
HOUSTON, Jan. 26, 2012 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) president and chief executive officer, Martin S. Craighead, announced today that the Baker Hughes Board declared the regular quarterly cash dividend of $0.15 per share of common stock payable February 17, 2012, to holders of record on February 6, 2012. Baker Hughes provides reservoir consulting, drilling, pressure pumping, formation evaluation, completion and production products and services to the worldwide oil ... 
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01/24/12Baker Hughes Announces Fourth Quarter and Annual Results
HOUSTON, Jan. 24, 2012 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) today announced adjusted net income (a non-GAAP measure) for the fourth quarter 2011 of $534 million, or $1.22 per diluted share.  This excludes an after-tax charge of $220 million ($0.50 per diluted share) related to the impairment of certain trade names.  This compares to $0.77 per diluted share for the fourth quarter 2010, and to adjusted net income of $1.18 per diluted share for the third quarter 2011... 
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01/19/12Baker Hughes First Integrated Oilfield Service Company to Receive IADC Competence Assurance Accreditation
HOUSTON, Jan. 19, 2012 /PRNewswire via COMTEX/ --Baker Hughes is the first integrated oilfield service company to receive full accreditation of its Competence Management Program from the International Association of Drilling Contractors (IADC). IADC's system for accrediting competency assurance programs reviews and confirms that a company's program meets accepted practices to develop and evaluate personnel across a wide array of job functions and product lines. IADC is a leader in developing ... 
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01/09/12Baker Hughes Announces December 2011 Rig Counts
    HOUSTON, Jan. 9, 2012 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for December  2011 was 1,180, down 5 from the 1,185 counted in November 2011, and up 62 from the 1,118 counted in December  2010. The international offshore rig count for December 2011 was 299, down 3 from the 302 counted in November 2011 and down 4 from the 303 counted in December 2010.  The last report of rig activity in Libya was for Februa... 
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01/03/12Baker Hughes New CEO Martin Craighead Assumes Role
HOUSTON, Jan. 3, 2012 /PRNewswire via COMTEX/ --Martin Craighead has assumed the role of Baker Hughes' President and Chief Executive Officer. Craighead will build upon the successful seven-year tenure of Chad Deaton, who will remain Chairman of the Board of Directors. "During Chad's tenure, Baker Hughes has undergone a significant transformation positioning us well to execute in the marketplace," Craighead said. "It is an honor to succeed him as CEO. The combination of the Baker Hughes geomar... 
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12/07/11Revision: Baker Hughes Announces November 2011 Rig Counts
NOTE: The information contained herein is a revision to the data published at 5:00 am central time on December 7, 2011, and supersedes the prior data. HOUSTON, Dec. 7, 2011 /PRNewswire via COMTEX/ --Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for November 2011 was 1,185, down 12 from the 1,197 counted in October 2011, and up 55 from the 1,130 counted in November 2010. The international offshore rig count for November 2011 was 302, down 10 from the 3... 
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12/06/11Baker Hughes to Present at Capital One Southcoast 6th Annual Energy Conference
HOUSTON, Dec. 6, 2011 /PRNewswire via COMTEX/ --Baker Hughes (NYSE: BHI) announced today that Peter Ragauss, Senior Vice President and Chief Financial Officer, will present at Capital One Southcoast 6th Annual Energy Conference in New Orleans, Louisiana, on December 6, 2011, at 5:20 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... 
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11/22/11Baker Hughes Announces Conference Call
HOUSTON, Nov. 22, 2011 /PRNewswire via COMTEX/ --Baker Hughes (NYSE: BHI) announced today that it has scheduled a conference call on Tuesday, January 24, 2012 to discuss results for the fourth quarter 2011, ending December 31, 2011. The call will begin at 8:30 a.m. EST. The results are expected to be released on Tuesday, January 24, 2012, before the market opens. To access the call, please call the conference call operator at 800-374-2469, or 706-634-7270 for international calls, 20 minute... 
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11/22/11Baker Hughes to Present at Jefferies 2011 Global Energy Conference
HOUSTON, Nov. 22, 2011 /PRNewswire via COMTEX/ --Baker Hughes (NYSE: BHI) announced today that Peter Ragauss, Senior Vice President and Chief Financial Officer, will present at Jefferies 2011 Global Energy Conference in Houston, on November 30, 2011, at 2:00 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 availa... 
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11/22/11Baker Hughes to Present at Dahlman Rose & Co Ultimate Oil Services and Drilling Conference
HOUSTON, Nov. 22, 2011 /PRNewswire via COMTEX/ --Baker Hughes (NYSE: BHI) announced today that Andy O'Donnell, President, Western Hemisphere, will present at Dahlman Rose & Co Ultimate Oil Services and Drilling Conference in New York, on November 29, 2011, at 11:50 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, it wi... 
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11/11/11Baker Hughes to Present at Bank of America Merrill Lynch 2011 Global Energy Conference
HOUSTON, Nov. 11, 2011 /PRNewswire via COMTEX/ --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 li... 
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11/07/11Baker Hughes Announces October 2011 Rig Counts
HOUSTON, Nov. 7, 2011 /PRNewswire via COMTEX/ --Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for October 2011 was 1,197, up 23 from the 1,174 counted in September 2011, and up 98 from the 1,099 counted in October 2010. The international offshore rig count for October 2011 was 312, up 8 from the 304 counted in September 2011 and up 7 from the 305 counted in October 2010. The last report of rig activity in Libya was for February 2011. The US rig co... 
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11/03/11Baker Hughes to Present at CLSA Asia USA San Francisco
HOUSTON, Nov. 3, 2011 /PRNewswire via COMTEX/ --Baker Hughes (NYSE: BHI) announced today that Peter Ragauss, Senior Vice President and Chief Financial Officer, will present at CLSA Asia USA in San Francisco, California, on November 7, 2011, at 1:30 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 withi... 
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11/01/11Baker Hughes Announces Third Quarter Results
HOUSTON, Nov. 1, 2011 /PRNewswire via COMTEX/ --Baker Hughes Incorporated (NYSE: BHI) today announced adjusted net income (a non-GAAP measure) for the third quarter 2011 of $518 million, or $1.18 per diluted share. This excludes a $214 million tax benefit associated with the reorganization of certain foreign subsidiaries and a $26 million after-tax loss related to the early extinguishment of debt. This compares to $255 million, or $0.59 per diluted share, for the third quarter 2010, and adjust... 
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10/28/11Baker Hughes Declares Regular Quarterly Dividend
HOUSTON, Oct. 28, 2011 /PRNewswire via COMTEX/ --Baker Hughes Incorporated (BHI - NYSE) chairman and chief executive officer, Chad C. Deaton, announced today that the Baker Hughes Board declared the regular quarterly cash dividend of $0.15 per share of common stock payable November 18, 2011, to holders of record on November 7, 2011. Baker Hughes provides reservoir consulting, drilling, pressure pumping, formation evaluation, completion and production products and services to the worldwide o... 
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10/07/11New Baker Hughes Research and Technology Center in Brazil Demonstrates Next Phase in Network of Global Technology Solutions
HOUSTON, Oct. 7, 2011 /PRNewswire via COMTEX/ --Baker Hughes (NYSE: BHI) announced today the opening of a new research and technology center in Rio de Janeiro designed to enable the development of technologies and solutions to unlock the full potential of deep water and pre-salt reservoirs. "Baker Hughes' new research facility on the CENPES (Centro de Pesquisas Leopoldo Americo Miguez de Mello) campus will open up a new level of collaboration with our customers and Latin American universiti... 
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10/07/11Baker Hughes Announces September 2011 Rig Counts
HOUSTON, Oct. 7, 2011 /PRNewswire via COMTEX/ --Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for September 2011 was 1,174, down 9 from the 1,183 counted in August 2011, and up 54 from the 1,120 counted in September 2010. The international offshore rig count for September 2011 was 304, down 14 from the 318 counted in August 2011 and down 13 from the 317 counted in September 2010. The last report of rig activity in Libya was for February 2011. The ... 
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10/04/11Baker Hughes Introduces New Expandable Liner Hanger System
System enables operators to economically drill problematic formations HOUSTON, Oct. 4, 2011 /PRNewswire via COMTEX/ --Baker Hughes (NYSE: BHI) has introduced the TORXS(TM) system, the only expandable liner hanger system that is installed and released prior to the cement job, which eliminates the risk of the running tools becoming fixed in place during cementing, requiring fishing or well abandonment. The TORXS system can be used across a broader range of applications than any other liner... 
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09/22/11Baker Hughes Announces Conference Call
HOUSTON, Sept. 22, 2011 /PRNewswire/ -- Baker Hughes (NYSE: BHI) announced today that it has scheduled a conference call on Tuesday, November 1, 2011 to discuss results for the third quarter 2011, ending September 30, 2011 at 8:30 a.m. eastern, 7:30 a.m. central. The results are expected to be released on Tuesday, November 1, 2011, before the market opens. To access the call, which is open to the public, please call the conference call operator at 800-374-2469, or 706-634-7270 for internationa... 
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09/22/11Baker Hughes Announces Conference Call
HOUSTON, Sept. 22, 2011 /PRNewswire/ -- Baker Hughes (NYSE: BHI) announced today that it has scheduled a conference call on Tuesday, November 1, 2011 to discuss results for the third quarter 2011, ending September 30, 2011 at 8:30 a.m. eastern, 7:30 a.m. central.  The results are expected to be released on Tuesday, November 1, 2011, before the market opens. To access the call, which is open to the public, please call the conference call operator at 800-374-2469, or 706-634-7270 for... 
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09/08/11Baker Hughes Announces August 2011 Rig Counts
HOUSTON, Sept. 8, 2011 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for August 2011 was 1,183, up 33 from the 1,150 counted in July 2011, and up 81 from the 1,102 counted in August 2010. The international offshore rig count for August 2011 was 318, up 11 from the 307 counted in July 2011 and up 11 from the 307 counted in August 2010. The last report of rig activity in Libya was for February 2011. The US rig count for August 2011 was 1,9... 
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09/01/11Baker 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 probl... 
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08/26/11Baker Hughes Consolidates Consulting Services under Gaffney, Cline & Associates
Consulting services group offers expertise across all sectors of the petroleum industry HOUSTON, TEXAS - Aug. 26, 2011 - Baker Hughes (NYSE: BHI) announced today the consolidation of its consulting services into Gaffney, Cline & Associates. Baker Hughes acquired several consulting companies - including Gaffney, Cline & Associates, EPIC and the consulting division of Helix RDS - in 2008 and 2009. The new organization brings together approximately 300 consultants, working in all oil and ... 
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08/23/11Baker Hughes to Present at Barclays Capital CEO Energy-Power Conference
HOUSTON, Aug. 23, 2011 /PRNewswire/ -- Baker Hughes (NYSE: BHI) announced today that Chad Deaton, chairman and chief executive officer, will present at Barclays Capital CEO Energy-Power Conference in New York, New York, on September 7, 2011, at 9:05 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, it will be available wi... 
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08/22/11Baker Hughes to Hold Recruiting Fair for Aerospace Professionals
NASA employees can explore opportunities to transfer expertise to petroleum industry HOUSTON, TEXAS – Aug. 22, 2011 – Baker Hughes (NYSE:BHI) is hosting a recruiting fair in order to attract current or former aerospace professionals in the greater Houston area. Baker Hughes, which has more than 50,000 employees in 80 countries, is seeking to fill more than 200 scientific, engineering and business-related positions with highly trained and innovative professionals. This new workforce will provid... 
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08/18/11Baker Hughes Appoints Integrated Operations President
Darrell Howard brings 32 years of operating company experience to Baker Hughes HOUSTON, Aug. 18, 2011 /PRNewswire/ -- Baker Hughes (NYSE:BHI) announced today that Darrell C. Howard has joined the company as President of the Integrated Operations organization. Howard joins Baker Hughes from VICO Indonesia, where he served as Vice President, Technical Support for the BP-Eni joint venture. "Darrell's combination of technical expertise, project management capabilities, international business exper... 
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08/16/11Baker Hughes Introduces Advanced Reservoir Characterization Technology
Services gather formation pressures and fluid samples in HP/HT environments HOUSTON, TEXAS - Aug. 16, 2011 - Baker Hughes (NYSE:BHI) has introduced the next generation of its Reservoir Characterization eXplorer™ (RCX™) and In-situ Fluids eXplorer™ (IFX™) formation testing services. Used jointly, these services accurately characterize fluid properties in real time-eliminating the need for extensive and time-consuming analyses. Combined with other formation evaluation techniques, they provide cr... 
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08/12/11Baker Hughes to Present at EnerCom's The Oil & Gas Conference® 16
HOUSTON, Aug. 12, 2011 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Adam Anderson, Vice President, Investor Relations, will present at EnerCom's The Oil & Gas Conference® 16 in Denver, Colorado, on August 17, 2011, at 11:40 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... 
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08/10/11Baker Hughes Commences Private Placement of Senior Notes
HOUSTON, Aug 10th, 2011 -- Baker Hughes Incorporated (NYSE: BHI) announced today the commencement of a private placement to eligible purchasers of senior unsecured notes. The company intends to use the net proceeds of the offering to redeem all of its outstanding 6.50% senior notes due 2013, of which an aggregate principal amount of $500 million is currently outstanding. The company will use any remaining net proceeds for general corporate purposes, which could include funding ongoing operations... 
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08/10/11Baker Hughes, Intertek Expand Global Petroleum Cargo Treatment Alliance
Joint operation centers planned for Latin America and Puerto Rico will expand the alliance network currently serving ports in the U.S., the Caribbean, Central America, the Netherlands and Singapore HOUSTON, TEXAS - August 10, 2011 - Baker Hughes (NYSE: BHI) and Intertek (ITRK.L) are expanding the global reach of a successful alliance established to provide chemical additives and treatment services for fuels, petroleum products and crude oil cargos. The alliance of the parties' business and ope... 
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08/10/11Baker Hughes Commences Private Placement of Senior Notes
HOUSTON, Aug 10th, 2011 -- Baker Hughes Incorporated (NYSE: BHI) announced today the commencement of a private placement to eligible purchasers of senior unsecured notes. The company intends to use the net proceeds of the offering to redeem all of its outstanding 6.50% senior notes due 2013, of which an aggregate principal amount of $500 million is currently outstanding. The company will use any remaining net proceeds for general corporate purposes, which could include funding ongoing operatio... 
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08/10/11Baker Hughes Announces Pricing of $750 Million of Senior Notes
HOUSTON, Aug 10, 2011 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today the pricing of $750 million aggregate principal amount of its 3.20% senior notes due August 15, 2021. Interest is payable on February 15 and August 15 of each year. The first interest payment will be made on February 15, 2012, and will consist of interest from closing to that date. The offering is expected to close on August 17, 2011, subject to customary closing conditions. The company intends to use t... 
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08/08/11LUKOIL Awards Iraq Contract to Baker Hughes
The drilling and completions contract covers 23 wells in the West Qurna phase two field HOUSTON, Aug. 8, 2011 /PRNewswire/ -- LUKOIL has awarded Baker Hughes (NYSE: BHI) a two-year contract to provide full drilling and completion services for 23 wells in the West Qurna field in southeast Iraq, 50 kilometers (31 miles) west of Basra. Under the terms of the contract, Baker Hughes will provide engineering and project management for the turnkey drilling and completions scope of the project. Baker ... 
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08/05/11Baker Hughes Announces July 2011 Rig Counts
Houston, Texas - August 5, 2011. Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for July 2011 was 1,150, down 8 from the 1,158 counted in June 2011, and up 41 from the 1,109 counted in July 2010. The international offshore rig count for July 2011 was 307, up 9 from the 298 counted in June 2011 and down 4 from the 311 counted in July 2010. The last report of rig activity in Libya was for February 2011. The US rig count for July 2011 was 1,900, up 37 from ... 
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08/03/11Baker Hughes Unveils Large-diameter Rotary Sidewall Coring Technology
The MaxCOR service acquires larger volume core samples for characterizing complex reservoirs HOUSTON, TEXAS - Aug. 3, 2011 - Baker Hughes (NYSE:BHI) has commercialized its MaxCOR™ sidewall coring service, a large-diameter rotary sidewall coring tool that recovers 1.5-inch (3.8-centimeter) diameter cores in extreme environments, including high-pressure and high-temperature formations. The MaxCOR sidewall coring service acquires core with more than three times the volume in about the same amount... 
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08/01/11Martin Craighead Named to Baker Hughes Board of Directors
HOUSTON, Aug. 1, 2011 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) President and Chief Operating Officer Martin Craighead has been appointed to the Baker Hughes Board of Directors, effective August 1, 2011.  On April 28, 2011, Baker Hughes announced that effective Jan. 1, 2012, Martin Craighead will succeed Chad Deaton as Chief Executive Officer, becoming CEO and President of Baker Hughes at that time.  "For over 25 years, Martin has been a highly effective contributor at B... 
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07/28/11Baker Hughes Declares Regular Quarterly Dividend
HOUSTON, July 28, 2011 /PRNewswire/ -- Baker Hughes Incorporated (BHI — NYSE) chairman and chief executive officer, Chad C. Deaton, announced today that the Baker Hughes Board declared the regular quarterly cash dividend of $0.15 per share of common stock payable August 19, 2011, to holders of record on August 8, 2011. Baker Hughes provides reservoir consulting, drilling, pressure pumping, formation evaluation, completion and production products and services to the worldwide oil and gas i... 
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07/26/11Baker Hughes Fractures its First Unconventional Shale Well in Argentina
Project awarded to Baker Hughes based on unconventional hydrocarbon capabilities and performance 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 ... 
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07/25/11Baker Hughes Announces Second Quarter Results
HOUSTON, July 25, 2011 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) today announced net income for the second quarter 2011 of $408 million, or $0.93 per diluted share, which excludes expenses of $70 million, before and after-tax ($0.16 per diluted share) associated with increasing the allowance for doubtful accounts and reserves for inventory and certain other assets in Libya. Including these expenses, net income attributable to Baker Hughes, a GAAP measure, for the second qu... 
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07/08/11Baker Hughes Announces June 2011 Rig Counts
Houston, Texas - July 8, 2011. Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for June 2011 was 1,158, up 7 from the 1,151 counted in May 2011, and up 59 from the 1,099 counted in June 2010. The international offshore rig count for June 2011 was 298, down 8 from the 306 counted in May 2011 and down 14 from the 312 counted in June 2010. The last report of rig activity in Libya was for February 2011. The US rig count for June 2011 was 1,863, up 27 from the... 
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06/29/11Baker Hughes Introduces High-Performance Wellbore Cleaning System
The X-Treme Clean XP system reduces operational risks in high-cost environments HOUSTON, TX - June 29, 2011 - Baker Hughes (NYSE: BHI) has introduced a wellbore clean-up and displacement system designed to improve efficiency and reduce operational risks in high-cost environments such as deepwater applications; horizontal, extended-reach, and deviated wells; deep wells; and wells with high dogleg severity. The X-Treme Clean™ XP system is the latest generation cyclone-based system, which removes ... 
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06/27/11Baker Hughes Appoints Adam Anderson, Vice President, Investor Relations
HOUSTON, June 27, 2011 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Adam B. Anderson will be appointed Baker Hughes' vice president, investor relations effective July 1, 2011. In this position, he will be located in Houston and will report to Peter A. Ragauss, senior vice president and chief financial officer. Adam will succeed Gary R. Flaharty, who will assume a senior role in Baker Hughes' supply chain organization effective August 1, 2011. Chad Deaton, chairm... 
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06/20/11Baker Hughes Announces Conference Call
HOUSTON, June 20, 2011 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that it has scheduled a conference call on Monday, July 25, 2011 to discuss results for the second quarter 2011, ending June 30, 2011 at 8:30 a.m. eastern, 7:30 a.m. central.  The results are expected to be released on Monday, July 25, 2011, before the market opens. To access the call, which is open to the public, please call the conference call operator at 800-374-2469, or 706-634-7270 for intern... 
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06/09/11Baker Hughes Introduces State-of-the-Art Vessel to its Global Deepwater Fleet
The Blue Tarpon vessel is designed for high-rate, high-volume stimulation treatments in demanding deepwater operations. HOUSTON, TX – June 9, 2011 – Baker Hughes (NYSE: BHI) announced today the launch of its state-of-the-art fracturing and stimulation vessel, the Blue Tarpon™. The 300-foot ship, one of the world's largest stimulation vessels and the seventh vessel in the Baker Hughes fleet, is designed to provide high-rate and high-volume stimulation treatments for demanding offshore operations... 
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06/07/11Baker Hughes Announces May 2011 Rig Counts
Houston, Texas - June 7, 2011. Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for May 2011 was 1,151, up 22 from the 1,129 counted in April 2011, and up 61 from the 1,090 counted in May 2010. The international offshore rig count for May 2011 was 306, up 13 from the 293 counted in April 2011 and up 8 from the 298 counted in May 2010. The last report of rig activity in Libya was for February 2011. The US rig count for May 2011 was 1,836, up 46 from the 1,79... 
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05/24/11Chevron Awards Baker Hughes Contract for Deepwater ESP Systems
Big Foot development marks the first deepwater Gulf of Mexico deployment of in-well ESP systems HOUSTON, TEXAS - May 24, 2011 - Chevron U.S.A. Inc. has awarded Baker Hughes (BHI: NYSE) a contract to supply electrical submersible pumping (ESP) systems and production packers for seven producing wells, plus mud line packers for three injection wells for their Gulf of Mexico deepwater Big Foot Project. This award marks the first deployment of ESP systems inside the wellbore in the deepwater Gulf of... 
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05/20/11Baker Hughes to Present at UBS Global Oil and Gas Conference
HOUSTON, May 20, 2011 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Peter Ragauss, Senior Vice President and Chief Financial Officer, will present at UBS Global Oil and Gas Conference in Austin, Texas, on May 25, 2011, at 9:05 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, it will be available wi... 
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05/20/11Baker Hughes to Present at Barclays Capital Americas Select Conference
HOUSTON, May 20, 2011 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Martin Craighead, President and Chief Operating Officer, will present at Barclays Capital Americas Select Conference in London, England, on May 23, 2011, at 5:40 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, it w... 
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05/20/11Baker Hughes to Present at Sanford Bernstein Strategic Decisions Conference
HOUSTON, May 20, 2011 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that Chad Deaton, Chairman and Chief Executive Officer, will present at Sanford Bernstein Strategic Decisions Conference in New York, NY, on June 3, 2011, 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, it will be a... 
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05/06/11Baker Hughes Announces April 2011 Rig Counts
Houston, Texas - May 6, 2011. Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for April 2011 was 1,129, down 18 from the 1,147 counted in March 2011, and up 55 from the 1,074 counted in April 2010. The international offshore rig count for April 2011 was 293, down 2 from the 295 counted in March 2011 and down 15 from the 308 counted in April 2010. The last report of rig activity in Libya was for March 2011. The US rig count for April 2011 was 1,790, up 70 ... 
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05/05/11Baker Hughes Adds Hydrocarbon Prediction Software to its Consulting Services
FaultRisk software reduces uncertainty, risk of hydrocarbon predictions 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 predic... 
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05/04/11Baker Hughes Introduces Next-Generation Reservoir Modeling Software
JewelSuite 2011 program enhances collaboration, workflows and processing HOUSTON, TEXAS - May 4, 2011 - Baker Hughes (NYSE: BHI) has introduced the next generation of its JewelSuite™ reservoir modeling software. JewelSuite 2011 is an integrated reservoir modeling tool that uses patented 3D gridding technology to build accurate reservoir models for fields with complex geology. The JewelSuite platform also provides connectivity between its generated models and reservoir simulators-a capability d... 
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05/02/11Baker Hughes Technologies Win Hart's E&P Meritorious Engineering, OTC Spotlight Awards
Drill bits, completions, stimulation and waste management technologies recognized HOUSTON, TEXAS - May 2, 2011 - Baker Hughes (NYSE: BHI) technologies will be recognized today during the annual Offshore Technology Conference (OTC) with four Hart's E&P Meritorious Engineering Awards (MEA) and two OTC Spotlight on Technology Awards. Hart's E&P acknowledges Baker Hughes as having outstanding new technologies in four of 12 MEA categories-more than any other oilfield service company. The OTC... 
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04/28/11Baker Hughes Declares Regular Quarterly Dividend
HOUSTON, April 28, 2011 /PRNewswire/ -- Baker Hughes Incorporated (BHI — NYSE) chairman and chief executive officer, Chad C. Deaton, announced today that the Baker Hughes Board declared the regular quarterly cash dividend of $0.15 per share of common stock payable May 20, 2011, to holders of record on May 9, 2011. Baker Hughes provides reservoir consulting, drilling, pressure pumping, formation evaluation, completion and production products and services to the worldwide oil and gas industry. ... 
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04/28/11ONGC Awards Baker Hughes Deepwater Drilling, Evaluation Contact
HOUSTON, TEXAS - April 28, 2011 - Oil and Natural Gas Corporation (ONGC) of India has awarded Baker Hughes (NYSE: BHI) a five-year contract to provide drilling and evaluation services and to manage third-party services for the Platinum Explorer drillship. Under the terms of the contract, Baker Hughes will supply directional drilling, measurement-while-drilling, logging-while-drilling, surface logging services, drilling fluids, liner hangers, cementing and coring services. Baker Hughes also will... 
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04/28/11Baker Hughes Announces CEO Succession Plan
HOUSTON, April 28, 2011 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) held its annual stockholders meeting this morning in Houston, Texas. At its regularly scheduled Board of Directors meeting following the annual meeting, the Board, acting in accordance with its established succession plan, approved the transition of Chad C. Deaton, Chairman of the Board and Chief Executive Officer, to the new role of Executive Chairman beginning January 1, 2012. At that time Martin S. Craighead will as... 
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04/27/11Baker Hughes Announces First Quarter Results
HOUSTON, April 27, 2011 /PRNewswire/ -- Baker Hughes Incorporated (BHI — NYSE) today announced net income attributable to Baker Hughes for the first quarter 2011 of $381 million or $0.87 per diluted share compared to $129 million or $0.41 per diluted share for the first quarter 2010 and $335 million or $0.77 per diluted share for the fourth quarter 2010. Revenue for the first quarter 2011 was $4.53 billion, up 78% compared to $2.54 billion for the first quarter 2010 and up 2% compared to $4.42... 
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04/27/11Baker Hughes Introduces Artificial Lift Technology Advancements
New pump design, variable speed drive software, and power monitoring capabilities optimize production and well economics HOUSTON, TEXAS - April 27, 2011 - Baker Hughes (NYSE: BHI) announced today three technology innovations designed to enhance the operating range and reliability of electrical submersible pumping (ESP) systems and to reduce operating expenses associated with ESPs. A new pump design, a "smart" variable speed drive (VSD), and power monitoring capabilities give oil and gas compani... 
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04/07/11Baker Hughes Announces March 2011 International Rig Counts
Houston, Texas - April 7, 2011. Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for March 2011 was 1,147, down 42 from the 1,189 counted in February 2011, and up 73 from the 1,074 counted in March 2010. The international offshore rig count for March 2011 was 295, down 14 from the 309 counted in February 2011 and unchanged from the 295 counted in March 2010.   The last report of rig activity in Libya was for February 2011. The US rig count for March 20... 
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04/04/11Baker Hughes Appoints Alexander Peng as Vice President Tax
HOUSTON, April 4, 2011 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Alexander Peng, 39, will be appointed Baker Hughes' vice president tax effective May 1, 2011. In this position, he will be located in Houston and will report to Peter Ragauss, senior vice president and chief financial officer. "Alex brings to Baker Hughes a rich and diverse background in both international and domestic tax advisory experience," said Peter Ragauss. "His record of high performance w... 
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03/24/11Baker Hughes Announces Conference Call
HOUSTON, March 24, 2011 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that it has scheduled a conference call on Wednesday, April 27, 2011 to discuss results for the first quarter 2011, ending March 31, 2011 at 8:30 a.m. eastern, 7:30 a.m. central.  The results are expected to be released on Wednesday, April 27, 2011, before the market opens. To access the call, which is open to the public, please call the conference call operator at 800-374-2469, or 706-634-7270 f... 
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03/10/11Baker Hughes Announces Revolutionary Conformable Sand Control System
System reliably controls sand with "smart" shape memory polymer that conforms to borehole HOUSTON, TEXAS – March 10, 2011 – Baker Hughes (NYSE: BHI) announced today the commercial launch of its GeoForm™ conformable sand management system with shape memory polymer (SMP) technology. A completely new approach to sand control, the GeoForm system reliably conforms to the borehole in an openhole environment—radically reducing complexity versus traditional gravel pack systems while improving efficien... 
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03/10/11Baker Hughes Installs First 40-Stage Openhole Completion in the Williston Basin
Technology advancement enhances completion performance for Whiting Petroleum HOUSTON, TEXAS – March 10, 2011 – Baker Hughes (NYSE: BHI) announced today it has successfully installed a 40-stage openhole completion system in the Williston Basin for Whiting Petroleum Corporation. This achievement marks the most number of stages ever performed in a single lateral frac sleeve / packer completion system. The Baker Hughes FracPoint™ EX-C multistage fracturing system was deployed in the Whiting Petrol... 
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03/09/11Baker Hughes Announces New Technologies
HOUSTON, March 9, 2011 /PRNewswire/ -- Baker Hughes (NYSE: BHI) announced today the commercial launch of its GeoForm™ sand management system with shape memory polymer (SMP) technology. A completely new approach to sand control, the GeoForm system reliably conforms to the borehole in an openhole environment—radically reducing complexity versus traditional gravel pack systems, while improving efficiency, reducing rig time and mitigating risks associated with conventional techniques. The company ... 
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03/08/11Baker Hughes Announces February 2011 Rig Counts
Houston, Texas - March 8, 2011. Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for February 2011 was 1,189, up 28 from the 1,161 counted in January 2011, and up 121 from the 1,068 counted in February 2010. The international offshore rig count for February 2011 was 309, up 1 from the 308 counted in January 2011 and up 8 from the 301 counted in February 2010. The US rig count for February 2011 was 1,718, up 7 from January 2011 and up 368 from the 1,350 count... 
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03/07/11Baker Hughes Announces 2011 Investor & Analyst Conference
HOUSTON, March 7, 2011 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) will hold its 2011 Investor & Analyst Conference in Houston, Texas on Wednesday, March 9 and Thursday, March 10. The management presentations will be held on the morning of Thursday, March 10 and will be available for the public to view via live webcast starting at approximately 9:25 a.m. eastern time. The webcast will adjourn at approximately 1:15 p.m. eastern time and will be followed by an audio Q&A period, s... 
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02/07/11Baker Hughes Announces January 2011 Rig Counts
Houston, Texas - February 7, 2011. Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for January was 1,161, up 43 from the 1,118 counted in December 2010, and up 114 from the 1,047 counted in January 2010. The international offshore rig count for January 2011 was 308, up 5 from the 303 counted in December 2010 and up 20 from the 288 counted in January 2010. The US rig count for January 2011 was 1,711, unchanged from December 2010 and up 444 from the 1,267 cou... 
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02/02/11Baker Hughes Opens Saudi Arabia Drill Bit Manufacturing Plant
Plant moves supply chain closer to Eastern Hemisphere client-base HOUSTON, TEXAS – February 2, 2011 – Baker Hughes (NYSE: BHI) announced today that its new drill bit manufacturing plant in Saudi Arabia is fully operational and delivering industry-leading polycrystalline diamond compact (PDC) bits to the Saudi Arabian and Middle East markets. This modern drill bit plant consolidates all the manufacturing processes for PDC bits in Saudi Arabia. At full capacity, the facility, an integral part of ... 
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02/01/11Baker Hughes to Present at Credit Suisse Energy Summit
HOUSTON, Feb. 1, 2011 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Chad Deaton, Chairman and Chief Executive Officer, will present at Credit Suisse Energy Summit in Vail, Colorado, on February 9, 2011, at 10:45 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. If you would like to listen to a replay, it will be available within 24 hou... 
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02/01/11Baker Hughes to Present at Credit Suisse Energy Summit
HOUSTON, Feb. 1, 2011 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Chad Deaton, Chairman and Chief Executive Officer, will present at Credit Suisse Energy Summit in Vail, Colorado, on February 9, 2011, at 10:45 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. If you would like to listen to a replay, it will be available within 24 hours o... 
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01/27/11Baker Hughes Declares Regular Quarterly Dividend
HOUSTON, Jan. 27, 2011 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) chairman and chief executive officer, Chad C. Deaton, announced today that the Baker Hughes Board declared the regular quarterly cash dividend of $0.15 per share of common stock payable February 18, 2011, to holders of record on February 7, 2011. Baker Hughes provides reservoir consulting, drilling, pressure pumping, formation evaluation, completion and production products and services to the worldwide oil and gas i... 
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01/25/11Baker Hughes Announces Fourth Quarter and Annual Results
HOUSTON, Jan. 25, 2011 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) today announced net income attributable to Baker Hughes for the fourth quarter 2010 of $335 million or $0.77 per diluted share compared to $84 million or $0.27 per diluted share for the fourth quarter 2009 and $255 million or $0.59 per diluted share for the third quarter 2010. Net income attributable to Baker Hughes for the year 2010 was $812 million or $2.06 per diluted share, compared to $421 million or $1.36 per d... 
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01/13/11Baker Hughes Updates Conference Call Time
HOUSTON, Jan. 13, 2011 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the previously announced conference call scheduled for Tuesday, January 25, 2011 to discuss results for the fourth quarter 2010, ending December 31, 2010 has been rescheduled to 10:00 a.m. eastern, 9:00 a.m. central. Results for the fourth quarter 2010 and fiscal year 2010 are expected to be released on Tuesday, January 25, 2011, before the market opens. To access the call, which is open to the... 
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01/13/11Baker Hughes Updates Conference Call Time
HOUSTON, Jan. 13, 2011 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the previously announced conference call scheduled for Tuesday, January 25, 2011 to discuss results for the fourth quarter 2010, ending December 31, 2010 has been rescheduled to 10:00 a.m. eastern, 9:00 a.m. central. Results for the fourth quarter 2010 and fiscal year 2010 are expected to be released on Tuesday, January 25, 2011, before the market opens. To access the call, which is open to the pub... 
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01/10/11Baker Hughes Announces December 2010 Rig Counts
  Houston, Texa s– January 10, 2011. Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for December 2010 was 1,118, down 12 from the 1,130 counted in November 2010, and up 94 from the 1,024 counted in December 2009. The international offshore rig count for December 2010 was 303, down 17 from the 320 counted in November 2010 and up 22 from the 281 counted in December 2009. The US rig count for December 2010 was 1,711, up 28 from... 
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01/05/11Baker Hughes Announces Conference Call
HOUSTON, Jan. 5, 2011 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that it has scheduled a conference call on Tuesday, January 25, 2011 at 8:30 a.m. eastern, 7:30 a.m. central. During the conference call, the company intends to discuss results for the fourth quarter 2010, ending December 31, 2010. The results are expected to be released on Tuesday, January 25, 2011, before the market opens. To access the call, which is open to the public, please call the conference... 
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01/05/11Baker Hughes Announces Conference Call
HOUSTON, Jan. 5, 2011 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that it has scheduled a conference call on Tuesday, January 25, 2011 at 8:30 a.m. eastern, 7:30 a.m. central. During the conference call, the company intends to discuss results for the fourth quarter 2010, ending December 31, 2010. The results are expected to be released on Tuesday, January 25, 2011, before the market opens. To access the call, which is open to the public, please call the conference call... 
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12/08/10Baker Hughes Introduces Environmentally Preferred Fracturing Fluid Systems
BJ SmartCare™ family of products achieves performance goals while minimizing environmental risks HOUSTON, TEXAS - December 8, 2010 - Baker Hughes Incorporated (NYSE:BHI) announced today the launch of its BJ SmartCare™ family of environmentally preferred fracturing fluids and additives. Qualified through a recognized third-party chemical evaluation process, the SmartCare offering provides the industry with complete, flexible fracturing systems and additives that meet clients' technical performan... 
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12/07/10Baker Hughes Announces November 2010 Rig Counts
Houston, Texas – December 7, 2010. Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for November 2010 was 1,130, up 31 from the 1,099 counted in October 2010, and up 105 from the 1,025 counted in November 2009. The international offshore rig count for November 2010 was 320, up 15 from the 305 counted in October 2010 and up 36 from the 284 counted in November 2009. The US rig count for November 2010 was 1,683, up 15 from the 1,668 counted in October 2010 and... 
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12/07/10Baker Hughes Develops Service to Reduce SOx Air Pollution
Additives help refineries to comply with New Source Performance Standards (NSPS) HOUSTON, TX – December 7, 2010 – Baker Hughes has developed additives specially designed to reduce sulfur oxide (SOX) emissions from refinery flaring operations. Baker Petrolite SULFIX™ additives reduce SOX air pollution that is created when hazardous hydrogen sulfide (H2S) is burned. This helps U.S. refiners meet the Environmental Protection Agency's New Source Performance Standards (NSPS) for Petroleum Refinerie... 
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11/17/10Baker Hughes Opens New Facility in Australia
Market growth drives need for operations base covering three service lines HOUSTON – November 17, 2010 –Baker Hughes (NYSE: BHI) announced today that it has opened a new facility in Welshpool, Australia, to meet growing demand and increased oilfield activity in Australia. Three of the company’s service lines–pumping services, tubular services, and process and pipeline services–are now housed in the new 340,000-square-foot facility. Major growth in the region prompted the company to expand its ... 
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11/05/10Baker Hughes Announces October 2010 Rig Counts
Baker Hughes Announces October 2010 Rig Counts Houston, Texas – November 5, 2010. Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for October 2010 was 1,099, down 21 from the 1,120 counted in September 2010, and up 116 from the 983 counted in October 2009. The international offshore rig count for October 2010 was 305, down 12 from the 317 counted in September 2010 and up 38 from the 267 counted in October 2009. The US rig count for October 2010 was 1,668... 
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11/05/10Baker 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 Th... 
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11/01/10Baker Hughes Announces Third Quarter Results
HOUSTON, Nov. 1, 2010 /PRNewswire via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) today announced net income for the third quarter 2010 of $255 million or $0.59 per share compared to net income of $55 million or $0.18 per share for the third quarter 2009 and net income of $93 million or $0.23 per share for the second quarter 2010. Third quarter 2010 results include a full three months of results from BJ Services compared to two months in the second quarter 2010. Third quarter... 
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11/01/10Baker Hughes Launches Reservoir Navigation Services
Combination of interpretation experts, reservoir modeling, drilling evaluation technology, and 3D/4D visualization software optimizes well placement HOUSTON, TX – November 1, 2010 – Baker Hughes (NYSE: BHI) announced today the launch of its Reservoir Navigation Services (RNS), which is intended to optimize wellbore placement through the combination of reservoir modeling, the industry's most comprehensive real-time drilling evaluation toolkit and 3D/4D visualization software with interpretation ... 
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10/31/10Baker Hughes Confirms Third Quarter Results Conference Call
HOUSTON, Oct 31, 2010 /PRNewswire via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) confirmed today that it has scheduled a conference call on Monday, November 1, 2010 at 8:30 a.m. eastern, 7:30 a.m. central. During the conference call, the company intends to discuss results for the third quarter 2010, ending September 30, 2010. The results are expected to be released on Monday, November 1, 2010, before the market opens. The company also announced that a slide presentation prov... 
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10/22/10Baker Hughes Declares Regular Quarterly Dividend
HOUSTON, Oct 22, 2010 /PRNewswire via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) chairman and chief executive officer, Chad C. Deaton, announced today that the Baker Hughes Board declared the regular quarterly cash dividend of $0.15 per share of common stock payable November 12, 2010, to holders of record on November 1, 2010. Baker Hughes provides reservoir consulting, drilling, pressure pumping, formation evaluation, completion and production products and services to the wo... 
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10/21/10Baker Hughes Opens Marcellus Shale Repair and Maintenance Center
Hempfield Township, Westmoreland County, Pennsylvania, facility will support drilling, completion and production operations HOUSTON, TX – October 21, 2010 – Baker Hughes (NYSE: BHI) announced today the opening of its Hempfield Township, Pennsylvania, repair and maintenance center. The facility will support natural gas well drilling, completion and production operations in the Marcellus Shale. The 57,000-square-foot center represents a $16 million investment and is part of a multiyear $250 milli... 
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10/19/10Baker Hughes to Provide Integrated Services to Norway Consortium
Drilling, formation evaluation and waste management services included in Baker Hughes' integrated service package HOUSTON, TX – October 19, 2010 – Baker Hughes (NYSE: BHI) announced today it has been awarded a multimillion dollar integrated project for the Borgland Dolphin Consortium (BDC) in Norway. The contract covers an initial three-year period for a full exploration program on the Norwegian continental shelf encompassing 15 wells. Under the terms of the contract, Baker Hughes will provide... 
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10/14/10Baker Hughes Awarded Eight-Year ESP Contract in Ecuador
Repsol selects Baker Hughes based on 12 years of strong performance in Ecuador HOUSTON, TX – October 14, 2010 – Baker Hughes (NYSE: BHI) announced today it was awarded a $137-million, eight-year contract extension from Repsol for the exclusive supply and maintenance of electrical submersible pumping (ESP) systems in Ecuador’s Block 16 and Tivacuna production areas. The award covers 200 wells in which Repsol requires ESP systems to maximize production. Baker Hughes has supplied ESP systems for ... 
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10/12/10Baker Hughes Celle Technology Day Focuses on Unconventional Plays
Industry leaders to discuss shale gas, tight gas challenges CELLE, GERMANY – October 12, 2010 – "Unconventional Today; Conventional Tomorrow" is the theme of the Baker Hughes Celle Technology Day 2010, set for October 14 at the Celle Technology Center. Mario Aufiero, vice president of continental Europe for Baker Hughes, will open discussions at Techno Day 2010, which will focus on topics related to unconventional gas plays in Europe – primarily shale gas and tight gas, although other technolo... 
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10/12/10Baker Hughes Awarded Contract by Woodside Energy Ltd. in Australia
Services to be carried out on Pluto development HOUSTON, TX – October 12, 2010 – Baker Hughes (NYSE: BHI) announced today that BJ Services, a Baker Hughes company, was awarded a USD multimillion contract by Woodside to provide casing and tubing running services in Australia. Work associated with the three-year contract began in May 2010 on various wells in Woodside’s operations offshore northwestern Australia. Baker Hughes will support operations from its bases in Perth, Australia, and in Singa... 
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10/07/10Baker Hughes Announces September 2010 Rig Counts
Houston, Texas – October 7, 2010. Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for September 2010 was 1,120, up 18 from the 1,102 counted in August 2010, and up 134 from the 986 counted in September 2009. The international offshore rig count for September 2010 was 317, up 10 from the 307 counted in August 2010 and up 43 from the 274 counted in September 2009. The US rig count for September 2010 was 1,655 up 17 from the 1,638 counted in August 2010 and u... 
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10/07/10Baker Hughes Acquires Reservoir Modeling Software Developer
JOA JewelSuite software provides a seismic-to-simulation reservoir integration platform for all Baker Hughes technology offerings HOUSTON, TX – October 7, 2010 – Baker Hughes (NYSE: BHI), announced today that its subsidiary has acquired the remaining interest in oil & gas reservoir modeling software developer JOA Oil & Gas BV, which owns and develops software for technical, scientific, and exploration and production applications. Baker Hughes Nederland Holdings acquired 40% of JOA Oil &... 
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10/04/10Baker Hughes Announces Conference Call
HOUSTON, Oct 04, 2010 /PRNewswire via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that it has scheduled a conference call on Monday, November 1, 2010 at 8:30 a.m. eastern, 7:30 a.m. central. During the conference call, the company intends to discuss results for the third quarter 2010, ending September 30, 2010. The results are expected to be released on Monday, November 1, 2010, before the market opens. To access the call, which is open to the public, please c... 
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09/21/10Baker Hughes Acquires Software Developer Meyer & Associates
MFrac software strengthens Baker Hughes' hydraulic fracturing simulation capabilities HOUSTON, TX – September 21, 2010 – Baker Hughes (NYSE: BHI) has acquired Meyer & Associates, a leading petroleum industry software developer. The acquisition strengthens Baker Hughes’ Reservoir Development Services (RDS) and positions Baker Hughes as a leading provider of hydraulic fracturing design and evaluation consulting. Meyer & Associates’ MFrac software provides comprehensive design and evaluat... 
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09/20/10Baker Hughes Commercializes Reconnect System
Technology restores control to vital safety systems HOUSTON AND FLORENCE – September 20, 2010 – Baker Hughes (NYSE: BHI) announced today the commercialization of its Reconnect™ technology, which quickly and reliably restores surface control to subsurface safety valves, eliminating the need for more expensive or less reliable options. The Reconnect system was developed by BJ Services, a Baker Hughes company. Baker Hughes’ Reconnect system provides a highly effective alternative for re-establis... 
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09/13/10Baker Hughes Opens Brazil ESP Testing and Development Center
The advanced test well environment for ESP systems ensures design, installation integrity for high-cost deepwater and subsea applications. HOUSTON, TX – September 13, 2010 – Baker Hughes (NYSE: BHI) announced today it is building an advanced electrical submersible pumping (ESP) system testing and development center in Macaé, Brazil. The facility — set for completion by year's end — is designed to test deepwater and subsea ESP completions prior to installation offshore Brazil. ESP technology is... 
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09/13/10Baker Hughes UK Technology Day Focuses on Mature Fields and North Sea Development Frontiers
Industry leaders to discuss current and future challenges ABERDEEN, UK – September 13, 2010 – Getting the most from mature fields and new development frontiers in the North Sea is the focus of the Baker Hughes UK Techno Day 2010, set for September 15 at the Aberdeen Exhibition Center. The technology showcase will feature speakers from the industry as well as Baker Hughes leaders. The keynote speaker is Leo Koot, managing director of TAQA Bratani Ltd., a subsidiary of the Abu Dhabi National Ene... 
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09/08/10Baker Hughes Announces August 2010 Rig Counts
Houston, Texas – September 8, 2010. Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for August 2010 was 1,102, down 7 from the 1,109 counted in July 2010, and up 155 from the 947 counted in August 2009. The international offshore rig count for August 2010 was 307, down 4 from the 311 counted in July 2010 and up 47 from the 260 counted in August 2009. The US rig count for August 2010 was 1,638 up 65 from the 1,573 counted in July 2010 and up 658 from the 98... 
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09/07/10Baker Hughes to Present at Barclays Capital CEO Energy-Power Conference
HOUSTON, Sept 07, 2010 /PRNewswire via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Chad Deaton, Chairman and Chief Executive Officer, will present at Barclays Capital CEO Energy-Power Conference in New York, NY, on September 15, 2010, at 2:25 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. Forward-Looking Statements The pre... 
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08/31/10Baker Hughes Installs World's First Ultra-Temperature SAGD Production Systems
Electrical submersible pumping (ESP) systems designed to operate up to 250°C maximize production from SAGD wells. HOUSTON, TX – August 31, 2010 – Baker Hughes (NYSE: BHI) has installed the world's first ultra-temperature electrical submersible pumping (ESP) systems in steam assisted gravity drainage (SAGD) wells in the Canadian oil sands. Nine Centrilift XP™ ESP production systems, which can operate at fluid temperatures up to 250°C (482°F), have been installed since April 15, 2010. Calgary-ba... 
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08/25/10Baker Hughes Receives DOJ Approval of Gulf of Mexico Asset Sale
HOUSTON, Aug 25, 2010 /PRNewswire via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) announced that it has received notice today that the Antitrust Division of the US Department of Justice (DOJ) has approved Superior Energy Services as the purchaser of the two stimulation vessels (the HR Hughes and the Blue Ray) and certain other assets used to perform sand control services in the US Gulf of Mexico. These assets are being divested in connection with the acquisition of BJ Services ... 
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08/19/10Baker Hughes Announces Pricing of $1.5 Billion of Senior Notes
HOUSTON, Aug 19, 2010 /PRNewswire via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that it has sold an aggregate principal amount of $1.5 billion 5.125% senior notes due 2040. Interest is payable on March 15 and September 15 of each year. The first interest payment will be made on March 15, 2011, and will consist of interest from closing to that date. The offering is expected to close on August 24, 2010, subject to customary closing conditions. The company expe... 
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08/17/10Baker Hughes Acquires Canadian Artificial Lift Company
Tanroc acquisition expands Baker Hughes progressing cavity pumping system market HOUSTON, TX – August 17, 2010 – Baker Hughes (NYSE: BHI) has acquired oilfield equipment and service supplier Tanroc, based in Lloydminster, Alberta, Canada. Tanroc primarily supplies progressing cavity pumping (PCP) systems and surface production equipment, including variable frequency drives for downhole pumping systems and wellhead drives. The acquisition complements Baker Hughes’ LIFTEQ™ line of PCP systems, an... 
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08/11/10Baker Hughes and Iraqi South Oil Company Sign Strategic Alliance Agreement
The technical services agreement will revamp wireline logging service delivery in Iraq HOUSTON, TX – August 11, 2010 – Baker Hughes (NYSE: BHI) announced today it has signed a three-year strategic alliance with Iraq's South Oil Company (SOC) to provide technical services to SOC's wireline logging department in Burj Esya, Basra south Iraq. Under the terms of the technical services agreement (TSA), Baker Hughes will supply wireline technologies to SOC and other Iraqi oil and gas producers as well... 
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08/10/10Baker Hughes Develops Asphalt Additives to Reduce Hydrogen Sulfide Levels
Additives help to achieve health, safety and environmental compliance HOUSTON, TX – August 10, 2010 – Baker Hughes has developed a chemical additives line specially designed to remove hydrogen sulfide from asphalt or bitumen products. Baker Petrolite SULFIX™ 9610 and SULFIX™ 9614 asphalt additives help reduce hazardous levels of hydrogen sulfide that can lead to safety and environmental issues. Hydrogen sulfide, a toxic, colorless, highly flammable gas, is a common component of many petroleum ... 
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08/06/10Baker Hughes Announces July 2010 Rig Counts
Houston, Texas – August 6, 2010. Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for July 2010 was 1,109, up 10 from the 1,099 counted in June 2010, and up 135 from the 974 counted in July 2009. The international offshore rig count for July 2010 was 798, up 11 from the 787 counted in June 2010 and up 97 from the 701 counted in July 2009. The US rig count for July 2010 was 1,573, up 42 from the 1,531 counted in June 2010 and up 642 from the 931 counted in J... 
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08/03/10Baker Hughes Announces Second Quarter Results
Supplemental Financial Information HOUSTON, Aug 03, 2010 /PRNewswire via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) today announced net income for the second quarter 2010 of $93 million or $0.23 per diluted share compared to net income of $87 million or $0.28 per diluted share for the second quarter 2009 and net income of $129 million or $0.41 per diluted share for the first quarter 2010. Baker Hughes completed its acquisition of BJ Services on April 28, 2010. Financial res... 
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07/28/10Baker Hughes Promotes Martin Craighead to President and Chief Operating Officer
HOUSTON, July 28, 2010 /PRNewswire via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that effective immediately, Martin Craighead is promoted to the position of President and Chief Operating Officer (COO). "Martin's leadership has been a major factor in the successful implementation of the geomarket reorganization and in executing our strategy to achieve long-term profitable growth," said Chad Deaton, Chairman and Chief Executive Officer of Baker Hughes Incorpor... 
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07/22/10Baker Hughes Declares Regular Quarterly Dividend
HOUSTON, July 22, 2010 /PRNewswire via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) chairman, president and chief executive officer, Chad C. Deaton, announced today that the Baker Hughes Board declared the regular quarterly cash dividend of $0.15 per share of common stock payable August 13, 2010, to holders of record on August 2, 2010. Baker Hughes provides reservoir consulting, drilling, pressure pumping, formation evaluation, completion and production products and services t... 
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07/08/10Baker Hughes Announces June 2010 Rig Counts
Houston, Texas – July 8, 2010. Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for June 2010 was 1,099, up 9 from the 1,090 counted in May 2010, and up 132 from the 967 counted in June 2009. The international offshore rig count for June 2010 was 312, up 14 from the 298 counted in May 2010 and up 45 from the 267 counted in June 2009. The Middle East rig count reflects a 14-rig increase in Syria solely attributable to an improvement in our counting methodolo... 
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07/06/10Baker Hughes Signs Agreement to Sell Certain Gulf of Mexico Assets to Superior Energy
HOUSTON, July 6, 2010 /PRNewswire via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) ("Baker Hughes") announced today that its subsidiaries have signed an agreement to sell a package of assets including two stimulation vessels (the HR Hughes and Blue Ray) and certain other assets used to perform sand control and stimulation services in the US Gulf of Mexico to a subsidiary of Superior Energy Services, Inc. (NYSE: SPN) ("Superior Energy") The agreement, which is subject to approval... 
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06/23/10Baker Hughes Opens Eco-Centre Waste Management Facility
This purpose-built waste processing center provides an unparalleled level of environmental compliance from the rig to final disposal. HOUSTON, TX – June 23, 2010 – Baker Hughes (NYSE: BHI) opened its Eco-Centre™ waste management facility in Peterhead, Scotland, today, providing the North Sea oil and gas industry with the highest level of environmentally compliant waste processing services from the rigsite to final disposal. For the first time, exploration and production (E&P) companies have... 
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06/10/10Baker Hughes Signs Strategic Framework Agreement with PetroChina Tarim Oilfield Co.
Baker Hughes to provide solutions for severe downhole conditions in the Tarim Field. HOUSTON, TX – June 10, 2010 – Baker Hughes (NYSE: BHI) recently signed a strategic framework agreement with PetroChina Tarim Oilfield Co. to supply multiple services in the Tarim oil field in northwest China. The two-year agreement covers ultra-deep, high-pressure high-temperature formations as well as shallow zones. The agreement also includes provisions for joint development of solutions specifically designed... 
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06/08/10Baker Hughes Awarded Horizontal Well Completion Contract for China Gas Field
Frac-Point, multistage, openhole fracture completion technology unlocks reserves in tight gas sands. HOUSTON, TX – June 8, 2010 – PetroChina recently awarded Baker Hughes (NYSE: BHI) a contract to supply 77 multistage openhole fracture completion systems for horizontal wells in the tight gas sands of the Changquing Field, China's second largest onshore oil and gas field. Baker Hughes was awarded the one-year contract based on successful deployment of its Frac-Point™ technology in the Sulige gas... 
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06/07/10Baker Hughes Announces May 2010 Rig Counts
HOUSTON, June 7, 2010 /PRNewswire via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for May 2010 was 1,090, up 16 from the 1,074 counted in April 2010, and up 97 from the 993 counted in May 2009. The international offshore rig count for May 2010 was 298, down 10 from the 308 counted in April 2010 and up 27 from the 271 counted in May 2009. The US rig count for May 2010 was 1,513, up 34 from the 1,479 counted in April 2010 and up ... 
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06/01/10Baker Hughes Acquires Russian ESP Service Provider
The acquisition of Oilpump Services doubles Baker Hughes' ESP market share in Russia HOUSTON, TX – June 1, 2010 – Baker Hughes (NYSE: BHI) has acquired Siberia-based Oilpump Services (OPS), the second largest electrical submersible pumping (ESP) system service company in Western Siberia. With the addition of OPS' service bases, Baker Hughes now has complete geographic service coverage in the heart of the largest ESP population in the world. The acquisition doubles Baker Hughes' share of the Rus... 
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05/28/10Baker Hughes Announces Conference Call
HOUSTON, May 28, 2010 /PRNewswire via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that it has scheduled a conference call on Tuesday, August 3, 2010 at 8:30 a.m. eastern, 7:30 a.m. central. During the conference call, the company intends to discuss results for the second quarter 2010, ending June 30, 2010. The results are expected to be released on Tuesday, August 3, 2010, before the market opens. To access the call, which is open to the public, please call th... 
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05/18/10Baker Hughes, VSFusion Complete Microseismic Fracture Monitoring Survey
Microseismic survey helps optimize hydraulic fracture placement in real time. HOUSTON, TX – May 18, 2010 – Baker Hughes (NYSE: BHI) and VSFusion, a borehole seismic processing joint venture between Baker Hughes and CGGVeritas, recently completed one of the largest microseismic hydraulic fracture monitoring surveys ever undertaken. The survey for Apache Canada Ltd. in the Horn River Basin of northwest Canada deployed Baker Hughes' geophone strings simultaneously in two observation wells for over... 
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05/07/10Baker Hughes Announces April 2010 Rig Counts
HOUSTON, May 7, 2010 /PRNewswire via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for April 2010 was 1,074, unchanged from the 1,074 counted in March 2010, and up 88 from the 986 counted in April 2009. The international offshore rig count for April 2010 was 308, up 13 from the 295 counted in March 2010 and up 36 from the 272 counted in April 2009. The US rig count for April 2010 was 1,479, up 60 from the 1,419 counted in March 2... 
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05/06/10Baker Hughes HPHT Technology Successfully Deployed at Ultra-deep Gas Discovery in the Shallow Water Gulf of Mexico Shelf
Formation evaluation technology helps confirm operator's geologic model and indicates additional development potential. HOUSTON, TX – May 6, 2010 – Baker Hughes (NYSE: BHI) has successfully deployed a full suite of technologies designed for high-pressure, high-temperature (HPHT) environments at the McMoRan Exploration Co. Davy Jones ultra-deep gas discovery in 20 feet of water on the shelf in the Gulf of Mexico. Baker Hughes technology was employed to re-enter an existing well, set a whipstoc... 
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05/06/10Baker Hughes to Present at the UBS Global Oil & Gas Conference
HOUSTON, May 6, 2010 /PRNewswire via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Derek Mathieson, President, Products & Technology, will present at the UBS Global Oil & Gas Conference in Austin, TX, on May 25, 2010, at 9:40 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, it will ... 
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05/04/10Baker Hughes Announces First Quarter Results
HOUSTON, May 4, 2010 /PRNewswire via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) today announced that net income for the first quarter 2010 was $129 million or $0.41 per diluted share compared to $195 million or $0.63 per diluted share for the first quarter 2009 and $84 million or $0.27 per diluted share for the fourth quarter 2009. As previously reported, net income for the first quarter 2009 and the fourth quarter 2009 included expenses of $83 million before tax ($0.18 per ... 
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05/04/10Baker Hughes Installs Subsea Boosting Systems at BC-10 Deepwater Field Offshore Brazil
Enhanced run life ESP system designs overcome deepwater subsea production challenges. HOUSTON, TX – May 4, 2010 – Baker Hughes (NYSE: BHI) has installed Centrilift XP™ enhanced run life electrical submersible pumping (ESP) systems in six vertical subsea boosting stations located on the seafloor at Shell's Parque das Conchas (BC-10) Field in the Campos Basin offshore Brazil. The ESP systems at BC-10 – located approximately five miles from the floating production, storage and offloading (FPSO) fa... 
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05/03/10Baker Hughes Installs Subsea Boosting Systems at Perdido Deepwater Field
Enhanced run life ESP only subsea pumping systems qualified for ultra-deepwater applications. HOUSTON, TX – May 3, 2010 – Baker Hughes (NYSE: BHI) has installed Centrilift XP™ enhanced run life electrical submersible pumping (ESP) systems in two vertical subsea boosting stations located on the seabed at Shell's Perdido Field in the Gulf of Mexico in 8,000 feet of water. The pumping systems at Perdido are designed to boost up to 125,000 barrels of fluid per day. Baker Hughes was awarded the cont... 
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05/03/10Baker Hughes Media Invitation to 2010 OTC
Your source for operational and technical insights into oilfield services HOUSTON, TX – May 3, 2010 – Baker Hughes (NYSE: BHI) welcomes you to the 2010 Offshore Technology Conference and invites you to visit Booth 3731 to learn how to connect with us when you need expert sources for development of your editorial content, special publications and news about integrated technology portfolio and global services for advanced management of reservoirs, maximized recovery and minimized risk. We've pre... 
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04/30/10Baker Hughes Expanding Local Drill Bit Manufacturing Facility
The Woodlands, Texas, plant expansion will add 130 skilled manufacturing jobs to the local economy. HOUSTON, TX – April 30, 2010 – Baker Hughes (NYSE: BHI) announced today it is expanding its drill bit manufacturing facility in the Houston suburb of The Woodlands, adding 130 skilled manufacturing positions to the local economy. The expansion is part of Baker Hughes' consolidation of its global Tricone™ drill bit manufacturing capabilities. Prior to the expansion, The Woodlands facility employe... 
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04/28/10Baker Hughes Completes BJ Services Acquisition
HOUSTON, April 28, 2010 /PRNewswire via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) ("Baker Hughes") announced today that it has closed its acquisition of BJ Services Company ("BJ Services"). Pursuant to the previously announced merger agreement, each BJ Services stockholder will receive 0.40035 shares of Baker Hughes common stock, par value $1.00 per share, and $2.69 in cash in return for each share of BJ Services common stock held, and cash reflecting the value of any fractio... 
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04/27/10Baker Hughes and BJ Services Reach Final Agreement With DOJ and Comment on Timing for Proceeding to Closing Their Pending Merger
HOUSTON, April 27, 2010 /PRNewswire via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) and BJ Services Company (NYSE: BJS) have reached a final agreement with the Antitrust Division of the U.S. Department of Justice in connection with the governmental approval of the pending merger between the companies. As previously disclosed, Baker Hughes will be required after the closing to divest two stimulation vessels (the HR Hughes and Blue Ray) and certain other assets used to perform ... 
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04/27/10Baker Hughes Successfully Field Tests Industry's First Large-Diameter Sidewall Coring Tool
MaxCOR technology delivers larger core samples to enhance reservoir analysis and understanding. 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 reserv... 
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04/23/10Baker Hughes to Host Technical Training Program
Training curriculum is designed to expand knowledge of unconventional hydrocarbons. CALGARY, ALBERTA, CANADA – April 23, 2010 – Baker Hughes (NYSE: BHI) will host a technical training program designed to give participants a thorough understanding of drilling, completion and production technologies necessary to unlock unconventional hydrocarbon reserves in Canada. Baker Hughes College will be held May 4-6 at the Telus Convention Center, Calgary, Alberta. The training program will cover challen... 
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04/22/10Baker Hughes Declares Regular Quarterly Dividend
HOUSTON, April 22, 2010 /PRNewswire via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) chairman, president and chief executive officer, Chad C. Deaton, announced today that the Baker Hughes Board declared the regular quarterly cash dividend of $0.15 per share of common stock payable May 21, 2010, to holders of record on May 10, 2010. Baker Hughes provides reservoir consulting, drilling, formation evaluation, completion and production products and services to the worldwide oil an... 
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04/22/10Baker Hughes Holds Annual Meeting of Stockholders
HOUSTON, April 22, 2010 /PRNewswire via COMTEX News Network/ -- Today, the stockholders of Baker Hughes Incorporated (NYSE: BHI) held their annual meeting. At the meeting, the stockholders elected the 11 present members of the Board of Directors named in the Company's proxy statement. Stockholders also ratified the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the year 2010. In addition, the stockholders approved an amendment to the C... 
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04/14/10Baker Hughes Introduces Mineral Characterization Service
RockView™ service reduces need for core samples and provides more accurate mineralogy estimates and improved measurement of total organic carbon (TOC) HOUSTON, TX – April 14, 2010 – Baker Hughes (NYSE: BHI) has introduced its RockView™ service to enhance reservoir interpretation through accurate, in-situ mineralogical characterization. RockView is a significant addition to Baker Hughes' Shale Gas Evaluation suite, an integrated petrophysical solution for analyzing shale gas reservoirs from Bake... 
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04/08/10Baker Hughes Announces March 2010 Rig Counts
HOUSTON, April 8, 2010 /PRNewswire via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for March 2010 was 1,074, up 6 from the 1,068 counted in February 2010, and up 62 from the 1,012 counted in March 2009. The international offshore rig count for March 2010 was 295, down 6 from the 301 counted in February 2010 and up 14 from the 281 counted in March 2009. The US rig count for March 2010 was 1,419, up 69 from the 1,350 counted in F... 
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04/05/10Baker Hughes Opens New Operations Base in Saudi Arabia
100,000-square-meter-facility includes laboratories, repair and maintenance shop and remote collaboration center DHAHRAN, KINGDOM OF SAUDI ARABIA - April 5, 2010 - Baker Hughes (NYSE: BHI) significantly strengthened its Middle East capabilities with the opening of a new operations center in Dhahran, Saudi Arabia. The 100,000-square-meter facility, which houses laboratories, offices, repair and maintenance operations and a remote collaboration center, is part of Baker Hughes' expansion plans for... 
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03/31/10Baker Hughes and BJ Services Stockholders Approve Merger
HOUSTON, March 31, 2010 /PRNewswire via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) and BJ Services Company (NYSE: BJS) announced the results of their special meetings of stockholders held earlier today. BJ Services' stockholders voted to approve and adopt the Agreement and Plan of Merger with Baker Hughes. Baker Hughes' stockholders voted to approve issuance of additional shares of common stock of Baker Hughes related to the merger with BJ Services pursuant to the Agreement an... 
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03/30/10BHI and BJS Reach Understanding With DOJ on Pending Merger
--Stockholder Vote on 31 March 2010 --Closing to Occur Following Final Agreement with DOJ in Early April HOUSTON, March 30, 2010 /PRNewswire via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) and BJ Services Company (NYSE: BJS) have reached a general understanding with the Antitrust Division of the U.S. Department of Justice regarding divestitures that will be required as a condition to governmental approval of the pending merger between the companies. Pursuant to the understan... 
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03/26/10Baker Hughes Announces Conference Call
HOUSTON, March 26, 2010 /PRNewswire via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that it has scheduled a conference call on Tuesday, May 4, 2010 at 8:30 a.m. eastern, 7:30 a.m. central. During the conference call, the company intends to discuss results for the first quarter 2010, ending March 31, 2010. The results are expected to be released on Tuesday, May 4, 2010, before the market opens. To access the call, which is open to the public, please call the co... 
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03/25/10Baker Hughes Introduces New Multiphase Fluid Flowmeter
Flowmeter for wells produced with ESP systems expands production optimization capabilities HOUSTON, TEXAS – March 25, 2010 – Baker Hughes (NYSE: BHI) has developed a multiphase flowmeter that combines downhole sensor technology with neural network capabilities to provide real-time, affordable flow rate estimates from wells produced with electrical submersible pumping (ESP) systems. When properly calibrated and maintained, the Neuraflow™ multiphase flowmeter delivers flow rate estimates with a g... 
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03/23/10Baker Hughes Introduces WellLink Desktop Data Delivery System
Next-generation system automatically delivers well data directly to the desktop HOUSTON, TEXAS – March 23, 2010 – Baker Hughes (NYSE: BHI) has introduced WellLink™ Desktop, a dynamic, secure system for automatic delivery of well data from the wellsite to the desktop. As well and project complexity increases, advanced wellsite monitoring and analysis of well data allows for better asset management business decisions. WellLink Desktop quickly and accurately delivers the well data operators need ... 
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03/19/10Baker Hughes and BJ Services Adjourn Respective Special Meetings of Stockholders; Meetings to Reconvene on March 31, 2010
HOUSTON, March 19, 2010 /PRNewswire via COMTEX News Network/ -- Baker Hughes and BJ Services announced today that at their respective special meetings of stockholders held today, Baker Hughes' stockholders and BJ Services' stockholders each voted to adjourn their meetings. The parties are making progress and continue to work toward obtaining the required regulatory approval from the Antitrust Division of the U.S. Department of Justice in connection with the merger. As previously reported, the co... 
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03/15/10Baker Hughes and BJ Services Comment on the Status of the Pending BJ Services Merger
HOUSTON, March 15, 2010 /PRNewswire via COMTEX News Network/ -- Baker Hughes (NYSE: BHI) and BJ Services (NYSE: BJS) announced today that while they have received all the necessary approvals from foreign jurisdictions required to close the BJ Services merger, they have not to date received the required approval from the Antitrust Division of the U.S. Department of Justice ("DOJ"). The DOJ has raised issues with regard to the overlap between the stimulation/sand control businesses of Baker Hughes... 
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03/05/10Baker Hughes Announces February 2010 Rig Counts
HOUSTON, March 5, 2010 /PRNewswire via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for February 2010 was 1,068, up 21 from the 1,047 counted in January 2010, and up 48 from the 1,020 counted in February 2009. The international offshore rig count for February 2010 was 301, up 13 from the 288 counted in January 2010 and up 15 from the 286 counted in February 2009. The US rig count for February 2010 was 1,350, up 83 from the 1,267... 
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02/25/10Saudi Aramco Awards Baker Hughes Contract for Coiled Tubing Drilling Systems
Integrated operations project offers innovative coiled tubing drilling package 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 ... 
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02/19/10Baker Hughes to Present at the Raymond James 31st Annual Institutional Investors Conference
HOUSTON, Feb 19, 2010 /PRNewswire via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Art Soucy, Vice President, Supply Chain, will present at the Raymond James 31st Annual Institutional Investors Conference in Orlando, FL, on March 9, 2010, at 4:00 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 re... 
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02/19/10Baker Hughes to Present at the CLSA AsiaUSA Forum
HOUSTON, Feb 19, 2010 /PRNewswire via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Scott Schmidt, President, Drilling & Evaluation, will present at the CLSA AsiaUSA Forum in San Francisco, CA, on March 1, 2010, at 12:30 p.m. Eastern time (9:30 a.m. Pacific 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 ... 
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02/05/10Baker Hughes Announces January 2010 Rig Counts
HOUSTON, Feb 05, 2010 /PRNewswire via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for January 2010 was 1,047, up 23 from the 1,024 counted in December 2009, and up 3 from the 1,044 counted in January 2009. The international offshore rig count for January 2010 was 288, up 7 from the 281 counted in December 2009 and up 9 from the 279 counted in January 2009. The US rig count for January 2010 was 1,267, up 95 from the 1,172 counte... 
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01/26/10Baker Hughes Announces Fourth Quarter and Annual Results
HOUSTON, Jan 26, 2010 /PRNewswire via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) today announced that net income for the fourth quarter 2009 was $84 million or $0.27 per diluted share compared to $432 million or $1.41 per diluted share for the fourth quarter 2008 and $55 million or $0.18 per diluted share for the third quarter 2009. Net income for the fourth quarter 2009 includes expenses of $74 million before tax ($0.16 per diluted share) associated with reorganization, sever... 
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01/26/10Baker Hughes Awarded Contract Extensions in Norway
Contracts cover drilling and formation evaluation services on 10 to 12 rigs offshore Norway 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 – January 26, 2010 – Statoil has awarded Baker Hughes (NYSE: BHI) two-year extensions on two contracts in Norway. The contracts are for... 
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01/20/10Baker Hughes Declares Regular Quarterly Dividend
HOUSTON, Jan 20, 2010 /PRNewswire via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) chairman, president and chief executive officer, Chad C. Deaton, announced today that the Baker Hughes Board declared the regular quarterly cash dividend of $0.15 per share of common stock payable February 12, 2010, to holders of record on February 1, 2010. Baker Hughes provides reservoir consulting, drilling, formation evaluation, completion and production products and services to the worldwide... 
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01/19/10Baker Hughes to Present at the Credit Suisse 2010 Energy Summit
HOUSTON, Jan 19, 2010 /PRNewswire via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Chad Deaton, Chairman, President and Chief Executive Officer, will present at the Credit Suisse 2010 Energy Summit in Vail, Colorado, on Wednesday, February 3, 2010 at 1:45 p.m. Eastern time (11:45 a.m. Mountain time). If you would like to listen to Mr. Deaton's presentation during the conference, please log on to the following website: http://investor.shareholder.com/bhi/ev... 
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01/15/10Statoil and Baker Hughes Successfully Test First Rotary Steerable Liner-While-Drilling System
Innovative technology has applications in new and mature fields HOUSTON, TEXAS – January 15, 2010 – Statoil has successfully tested the world's first rotary steerable liner-while-drilling system from its Brage platform in the Norwegian sector of the North Sea. The new technology was jointly developed by Statoil (NYSE: STO) and Baker Hughes Incorporated (NYSE: BHI). The concept of a rotary steerable system that gives operators the ability to accurately drill and log three-dimensional well profi... 
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01/08/10Baker Hughes Announces December 2009 Rig Counts
HOUSTON, Jan 08, 2010 /PRNewswire via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for December 2009 was 1,024, down 1 from the 1,025 counted in November 2009, and down 54 from the 1,078 counted in December 2008. The international offshore rig count for December 2009 was 281, down 3 from the 284 counted in November 2009 and down 10 from the 291 counted in December 2008. The US rig count for December 2009 was 1,172, up 65 from th... 
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12/07/09Baker Hughes Announces November 2009 Rig Counts
Houston, Texas - December 7, 2009. Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for November 2009 was 1,025, up 42 from the 983 counted in October 2009, and down 71 from the 1,096 counted in November 2008.  The international offshore rig count for November 2009 was 284, up 17 from the 267 counted in October 2009 and down 13 from the 297 counted in November 2008.   The US rig count for November 2009 was 1,107, up 63 from the 1,044 counted in Oct... 
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12/03/09Baker Hughes to Present at the Wells Fargo Securities MLP Pipeline and E&P, Energy Services & Utility Symposiums
HOUSTON, Dec. 3 /PRNewswire-FirstCall/ -- 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.cf... 
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12/03/09Baker Hughes to Present at the CapitalOne Southcoast 2009 Energy Conference
HOUSTON, Dec. 3 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Derek Mathieson, President, Products & Technology, will present at the CapitalOne Southcoast 2009 Energy Conference in New Orleans, LA, on December 8, 2009, at 4:40 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... 
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11/24/09Baker Hughes to Present at the FBR Capital Markets 2009 Fall Investor Conference
HOUSTON, Nov. 24 /PRNewswire-FirstCall/ -- 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... 
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11/24/09Baker Hughes to Present at the Canaccord Adams Global Energy Conference
HOUSTON, Nov. 24 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Gary Flaharty, Vice President, Investor Relations, will present at the Canaccord Adams Global Energy Conference in Miami, FL, on December 1, 2009, at 2:15 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,... 
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11/06/09Revised: Baker Hughes Announces October 2009 Rig Counts
HOUSTON, Nov. 6 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for October 2009 was 983, down 3 from the 986 counted in September 2009, and down 113 from the 1,096 counted in October 2008. The international offshore rig count for October 2009 was 267, down 8 from the 275 counted in September 2009 and down 17 from the 284 counted in October 2008. The US rig count for October 2009 was 1,044, up 35 from the 1,009 counted in... 
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11/06/09Baker Hughes Announces October 2009 Rig Counts
HOUSTON, Nov. 6 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for October 2009 was 983, down 3 from the 986 counted in September 2009, and down 113 from the 1,096 counted in October 2008. The international offshore rig count for October 2009 was 267, down 8 from the 275 counted in September 2009 and down 17 from the 284 counted in October 2008. The US rig count for October 2009 was 1,044, up 35 from the 1,009 counted in... 
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11/04/09Baker Hughes Announces Third Quarter Results
HOUSTON, Nov. 4 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) today announced that net income for the third quarter 2009 was $55 million or $0.18 per diluted share compared to $429 million or $1.39 per diluted share for the third quarter 2008 and $87 million or $0.28 per diluted share for the second quarter 2009. Net income for the third quarter 2009 includes expenses of $38 million before tax ($0.08 per share) associated with reorganization, severance and acquisition costs, and an... 
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10/22/09Baker Hughes Declares Regular Quarterly Dividend
HOUSTON, Oct. 22 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) chairman, president and chief executive officer, Chad C. Deaton, announced today that the Baker Hughes Board declared the regular quarterly cash dividend of $0.15 per share of common stock payable November 13, 2009, to holders of record on November 2, 2009. Baker Hughes provides reservoir consulting, drilling, formation evaluation, completion and production products and services to the worldwide oil and... 
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10/15/09Baker Hughes and BJ Services Receive Second Request Under US Antitrust Review
HOUSTON, Oct. 15 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) and BJ Services Company (NYSE: BJS; CBOE; PCX) announced today the receipt of a request from the Antitrust Division of the Department of Justice for additional information (commonly known as a second request) with respect to Baker Hughes' proposed merger with BJ Services Company. Both companies intend to comply with the request promptly. Forward-Looking Statements Information set forth in this documen... 
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10/07/09Baker Hughes Announces September 2009 Rig Counts
HOUSTON, Oct. 7 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for September 2009 was 986, up 39 from the 947 counted in August 2009, and down 122 from the 1,108 counted in September 2008. The international offshore rig count for September 2009 was 275, up 14 from the 261 counted in August 2009 and down 18 from the 293 counted in September 2008. The US rig count for September 2009 was 1009, up 29 from the 980 counted... 
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10/01/09Baker Hughes Announces Conference Call
HOUSTON, Oct. 1 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that it has scheduled a conference call on Wednesday, November 4, 2009 at 8:30 a.m. eastern, 7:30 a.m. central. During the conference call, the company intends to discuss results for the third quarter 2009, ending September 30, 2009. The results are expected to be released on Wednesday, November 4, 2009, before the market opens. To access the call, which is open to the public, please call the con... 
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09/16/09Baker Hughes Announces Analyst Conference
HOUSTON, Sept 16, 2009 /PRNewswire-FirstCall via COMTEX/ -- Baker Hughes Incorporated (NYSE: BHI) will hold its 2009 Analyst Conference in Celle, Germany on Wednesday, September 16 and Thursday, September 17. The management presentations on the morning of Thursday, September 17 will be available for the public to view via time-delayed webcast after 11:00 a.m. EDT. Interested parties may access the webcast over the internet at http://www.bakerhughes.com/investor, where a link to the webcast wil... 
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09/08/09Baker Hughes Announces August 2009 Rig Counts
HOUSTON, Sept. 8 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for August 2009 was 947, down 27 from the 974 counted in July 2009, and down 140 from the 1,087 counted in August 2008. The international offshore rig count for August 2009 was 261, down 14 from the 275 counted in July 2009 and down 31 from the 292 counted in August 2008. The US rig count for August 2009 was 980, up 49 from the 931 counted in July 2009 and down 1,007 ... 
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08/31/09Replay of Baker Hughes/BJ Services Conference Call
HOUSTON, Aug. 31 /PRNewswire/ -- To access the replay of the Baker Hughes/BJ Services conference call held August 31, 2009, please call 800-642-1687 in the United States, or 706-645-9291 for international calls, and use the access code 27955502. A replay of the call will be available through September 28, 2009. To access a replay of the webcast, go to http://investor.shareholder.com/bhi/events.cfm. Baker Hughes provides reservoir consulting, drilling, formation evaluation, completion ... 
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08/31/09Baker Hughes to Acquire BJ Services in $5.5 Billion Transaction
Combines BJ Services' Leading Pressure Pumping Business with Baker Hughes' Diversified International Franchise HOUSTON, Aug. 31 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) and BJ Services Company (NYSE: BJS) today announced that their Boards of Directors have approved a definitive merger agreement, which represents a transaction value of $5.5 billion for BJ Services based on closing stock prices on August 28, 2009. The agreement represents a premium to BJ Servi... 
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08/27/09Baker Hughes to Present at the Barclays Capital CEO Energy/Power Conference
HOUSTON, Aug. 27 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Chad Deaton, President, Chairman and Chief Executive Officer, will present at the Barclays Capital CEO Energy/Power Conference in New York, NY, on September 9, 2009, at 10:25 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 th... 
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08/17/09Baker Hughes Announces Analyst Conference
HOUSTON, Aug 17, 2009 /PRNewswire via COMTEX/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that it will hold its 2009 Analyst Conference in Celle, Germany on Wednesday, September 16 and Thursday, September 17. The conference webcast will begin at approximately 1:00 a.m. central (2:00 a.m. eastern) on Thursday, September 17 and will last for approximately four hours until 5:00 a.m. central (6:00 a.m. eastern). Interested parties may access the webcast live over the internet at http:... 
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08/07/09Baker Hughes Announces July 2009 Rig Counts
HOUSTON, Aug 07, 2009 /PRNewswire via COMTEX/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for July 2009 was 974, up 7 from the 967 counted in June 2009, and down 118 from the 1,092 counted in July 2008. The international offshore rig count for July 2009 was 275, up 6 from the 269 counted in June 2009 and down 37 from the 312 counted in July 2008. The US rig count for July 2009 was 931, up 36 from the 895 counted in June 2009 and down 1,001 from the... 
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08/05/09Baker Hughes Announces Second Quarter Results
HOUSTON, Aug. 5 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) today announced that net income for the second quarter 2009 was $87 million or $0.28 per diluted share compared to $379 million or $1.23 per diluted share for the second quarter 2008 and $195 million or $0.63 per diluted share for the first quarter 2009. Net income for the second quarter 2009 includes expenses of $54 million before tax ($0.13 per share) comprised of $16 million ($0.04 per share) associated ... 
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07/23/09Baker Hughes Declares Regular Quarterly Dividend
HOUSTON, July 23 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) chairman, president and chief executive officer, Chad C. Deaton, announced today that the Baker Hughes Board declared the regular quarterly cash dividend of $0.15 per share of common stock payable August 14, 2009, to holders of record on August 3, 2009. Baker Hughes provides reservoir consulting, drilling, formation evaluation, completion and production products and services to the worldwide oil and g... 
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07/08/09Baker Hughes Announces June 2009 Rig Counts
HOUSTON, July 8 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for June 2009 was 967, down 26 from the 993 counted in May 2009, and down 135 from the 1,102 counted in June 2008. The international offshore rig count for June 2009 was 269, down 3 from the 272 counted in May 2009 and down 52 from the 321 counted in June 2008. The US rig count for June 2009 was 895, down 23 from the 918 counted in May 2009 and down 1,0... 
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06/17/09Baker Hughes Announces Conference Call
HOUSTON, June 17 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that it has scheduled a conference call on Wednesday, August 5, 2009 at 8:30 a.m. eastern, 7:30 a.m. central. During the conference call, the company intends to discuss results for the second quarter 2009, ending June 30, 2009. The results are expected to be released on Wednesday, August 5, 2009, before the market opens. To access the call, which is open to the public, please call the conferen... 
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06/16/09Baker Hughes to Present at the Wachovia 19th Annual Mid-Year Equity Conference
HOUSTON, June 16 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Chad Deaton, President, Chairman and Chief Executive Officer, will present at the Wachovia 19th Annual Mid-Year Equity Conference in Boston, MA, on June 23, 2009, at 2:00 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 t... 
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06/05/09Baker Hughes Announces May 2009 Rig Counts
HOUSTON, June 5 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for May 2009 was 993, up 7 from the 986 counted in April 2009, and down 82 from the 1,075 counted in May 2008. The international offshore rig count for May 2009 was 272, down 1 from the 273 counted in April 2009 and down 33 from the 305 counted in May 2008. The US rig count for May 2009 was 918, down 77 from the 995 counted in April 2009 and down 945 fr... 
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05/28/09Baker Hughes to Present at the 2009 RBC Capital Markets Global Energy and Power Conference
HOUSTON, May 28, 2009 /PRNewswire via COMTEX/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Chad Deaton, President, Chairman and Chief Executive Officer, will be a panelist at the 2009 RBC Capital Markets Global Energy and Power Conference in New York, NY, on June 2, 2009, at 10:50 a.m. eastern time. The panel on which Mr. Deaton will participate is the Global Exploration: Trends, Opportunities and Challenges panel. If you would like to listen to the panel during the conference... 
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05/21/09Baker Hughes to Present at the 2009 Deutsche Bank Energy & Utilities Conference
HOUSTON, May 21 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Chad Deaton, President, Chairman and Chief Executive Officer, will present at the 2009 Deutsche Bank Energy & Utilities Conference in Miami, FL, on Wednesday, May 27, 2009 at 11:40 a.m. eastern time. If you would like to listen to Mr. Deaton's presentation during the conference, please log on to the following website: http://investor.shareholder.com/bhi/events.cfm. If you would like... 
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05/12/09Baker Hughes to Present at the UBS Global Oil and Gas Conference
HOUSTON, May 12 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Paul Butero, President, US Land, will present at the UBS Global Oil and Gas Conference in Austin, TX, on Tuesday, May 19, 2009 at 11:00 a.m. eastern time. If you would like to listen to Mr. Butero'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, ... 
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05/07/09Baker Hughes Announces April 2009 Rig Counts
HOUSTON, May 7 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for April 2009 was 986, down 26 from the 1,012 counted in March 2009, and down 88 from the 1,074 counted in April 2008. The international offshore rig count for April 2009 was 273, down 8 from the 281 counted in March 2009 and down 24 from the 297 counted in April 2008. The US rig count for April 2009 was 995, down 110 from the 1,105 counted in March 200... 
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04/30/09Baker Hughes Appoints Belgacem Chariag as President Eastern Hemisphere
HOUSTON, April 30 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Belgacem Chariag, 46, will be appointed Baker Hughes Vice President and President Eastern Hemisphere Operations, effective May 1, 2009. In this position, he will be located in Dubai and will report to Martin Craighead, Senior Vice President and Chief Operating Officer. "Belgacem brings to Baker Hughes 22 years of a career which covers a very wide range of oil and gas related oper... 
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04/29/09Baker Hughes Announces First Quarter Results
HOUSTON, April 29 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) today announced that net income for the first quarter 2009 was $195 million or $0.63 per diluted share compared to $395 million or $1.27 per diluted share for the first quarter 2008 and $432 million or $1.41 per diluted share for the fourth quarter 2008. Net income for the first quarter 2009 includes expenses of approximately $83 million before tax (or approximately $0.19 per share) comprised of $54 milli... 
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04/23/09Baker Hughes Declares Regular Quarterly Dividend
HOUSTON, April 23 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) chairman, president and chief executive officer, Chad C. Deaton, announced today that the Baker Hughes Board declared the regular quarterly cash dividend of $0.15 per share of common stock payable May 15, 2009, to holders of record on May 4, 2009. Baker Hughes provides reservoir consulting, drilling, formation evaluation, completion and production products and services to the worldwide oil and gas in... 
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04/07/09Baker Hughes Announces March 2009 Rig Counts
HOUSTON, April 7 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for March 2009 was 1,012, down 8 from the 1,020 counted in February 2009, and down 42 from the 1,054 counted in March 2008. The international offshore rig count for March 2009 was 281, down 5 from the 286 counted in February 2009 and down 4 from the 285 counted in March 2008. The US rig count for March 2009 was 1,105, down 215 from the 1,320 counted in February ... 
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04/02/09Baker Hughes Announces Conference Call
HOUSTON, April 2 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that it has scheduled a conference call on Wednesday, April 29, 2009 at 8:30 a.m. eastern, 7:30 a.m. central. During the conference call, the company intends to discuss results for the first quarter 2009, ending March 31, 2009. The results are expected to be released on Wednesday, April 29, 2009, before the market opens. To access the call, which is open to the public, please call the conferen... 
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03/23/09Baker Hughes Announces Organizational Changes
HOUSTON, March 23 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that it will organize its global operations by geography. Western Hemisphere operations will report to John A. (Andy) O'Donnell who will be named Baker Hughes Vice President and President Baker Hughes Western Hemisphere Operations. Eastern Hemisphere operations will report to the Baker Hughes Vice President and President Eastern Hemisphere Operations who will be named at a later date. T... 
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03/12/09Baker Hughes Appoints Arthur L. Soucy as Vice President Supply Chain
HOUSTON, March 12 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Arthur (Art) L. Soucy, 46, will be appointed Vice President Supply Chain, assuming his new duties on April 1, 2009. In this position, he will report to Martin Craighead, Vice President and Group President Drilling and Evaluation. As previously announced, Mr. Craighead will become Senior Vice President and Chief Operating Officer on April 30, 2009. "Art brings to Baker Hughes over 27 year... 
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03/06/09Baker Hughes Announces February 2009 Rig Counts
HOUSTON, March 6, 2009 /PRNewswire-FirstCall via COMTEX/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for February 2009 was 1,020, down 24 from the 1,044 counted in January 2009, and down 12 from the 1,032 counted in February 2008. The international offshore rig count for February 2009 was 286, up 7 from the 279 counted in January 2009 and up 11 from the 275 counted in February 2008. The US rig count for February 2009 was 1,320, down 233 from the 1... 
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02/25/09Baker Hughes Appoints Martin S. Craighead Senior Vice President and Chief Operating Officer; Announces David H. Barr Will Retire
HOUSTON, Feb. 25 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Martin S. Craighead, 49, has been appointed Senior Vice President and Chief Operating Officer and is expected to assume his new duties on April 30, 2009. In this position, he will report to Chad C. Deaton, President, Chairman and Chief Executive Officer of Baker Hughes. Baker Hughes also announced that David H. Barr, 59, will retire from the company on April 30, 2009. "Martin bri... 
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02/24/09Baker Hughes to Present at the Raymond James' 30th Annual Institutional Investors Conference
HOUSTON, Feb. 24 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Peter Ragauss, Senior Vice President and Chief Financial Officer, will present at the Raymond James' 30th Annual Institutional Investors Conference in Orlando, FL, on Monday, March 9, 2009 at 8:40 a.m. eastern time. If you would like to listen to Mr. Ragauss' presentation during the conference, please log on to the following website: http://investor.shareholder.com/bhi/events.cfm.... 
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02/09/09Baker Hughes to Present at EnerCom's Oil & Services Conference
HOUSTON, Feb. 9 /PRNewswire/ -- 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 l... 
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02/06/09Baker Hughes Announces January 2009 Rig Counts
HOUSTON, Feb. 6 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for January 2009 was 1,044, down 34 from the 1,078 counted in December 2008, and down 9 from the 1,053 counted in January 2008. The international offshore rig count for January 2009 was 279, down 12 from the 291 counted in December 2008 and down 12 from the 291 counted in January 2008. The US rig count for January 2009 was 1,553, down 229 from the 1,782 counted i... 
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01/28/09Baker Hughes Announces Fourth Quarter and Annual Results
HOUSTON, Jan. 28 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) today announced that net income for the fourth quarter 2008 was $432 million or $1.41 per diluted share compared to $401 million or $1.26 per diluted share for the fourth quarter 2007 and $429 million or $1.39 per diluted share for the third quarter 2008. Net income for the year 2008 was $1.64 billion or $5.30 per diluted share, compared to $1.51 billion or $4.73 per diluted share for the year 2007. Revenue fo... 
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01/27/09Baker Hughes to Present at the Credit Suisse 2009 Energy Summit
HOUSTON, Jan. 27 /PRNewswire-FirstCall/ -- 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 ... 
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01/23/09Baker Hughes Appoints Russell J. Cancilla Vice President of HS&E and Security
HOUSTON, Jan. 23 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Russell J. Cancilla, 57, has been appointed Vice President of HS&E and Security. In this position, he will report to Chad Deaton, Chairman, President and Chief Executive Officer. "Over the last two and a half years, Russ Cancilla successfully established a world-class security function at Baker Hughes. His broad skill set and international experience will be a significant asset in his new ... 
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01/22/09Baker Hughes Declares Regular Quarterly Dividend
HOUSTON, , Jan 22, 2009 /PRNewswire-FirstCall via COMTEX/ -- Baker Hughes Incorporated (NYSE: BHI) chairman, president and chief executive officer, Chad C. Deaton, announced today that the Baker Hughes Board declared the regular quarterly cash dividend of $0.15 per share of common stock payable February 13, 2009, to holders of record on February 2, 2009. Baker Hughes provides reservoir consulting, drilling, formation evaluation, completion and production products and services to the worldwide o... 
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01/08/09Baker Hughes Announces December 2008 Rig Counts
HOUSTON, Jan 08, 2009 /PRNewswire via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for December 2008 was 1,078, down 18 from the 1,096 counted in November 2008, and up 42 from the 1,036 counted in December 2007. The international offshore rig count for December 2008 was 291, down 6 from the 297 counted in November 2008 and unchanged from the 291 counted in December 2007. The US rig count for December 2008 was 1,782, down 153 fro... 
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07/08/08Baker Hughes Announces June 2008 Rig Counts
HOUSTON, July 8 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for June 2008 was 1,102, up 27 from the 1,075 counted in May 2008, and up 87 from the 1,015 counted in June 2007. The international offshore rig count for June 2008 was 321, up 16 from the 305 counted in May 2008 and up 36 from the 285 counted in June 2007. The US rig count for June 2008 was 1901, up 38 from the 1,863 counted in May 2008 and up 130 from the 1,771 ... 
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07/08/08Baker Hughes Discloses Prior Period Regional Revenue and Operating Results
HOUSTON, July 8 /PRNewswire/ -- As previously announced, Baker Hughes Incorporated (NYSE: BHI) today disclosed historical revenue by region and operating profit before tax by region for thirteen quarters from the quarter ending March 31, 2005 through the quarter ended March 31, 2008. In the future the company will disclose revenue and operating profit before tax for its two operating segments -- Drilling and Evaluation and Completion and Production, as well as for its four geographic r... 
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06/06/08Baker Hughes Announces May 2008 Rig Counts
HOUSTON, June 6 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for May 2008 was 1,075, up 1 from the 1,074 counted in April 2008, and up 68 from the 1,007 counted in May 2007. The international offshore rig count for May 2008 was 305, up 8 from the 297 counted in April 2008 and up 9 from the 296 counted in May 2007. The US rig count for May 2008 was 1863, up 34 from the 1,829 counted in April 2008 and up 115 from the 1,748 ... 
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05/23/08Baker Hughes to Present at the RBC Capital Markets Energy Conference
HOUSTON, May 23 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Peter Ragauss, Senior Vice President and Chief Financial Officer of Baker Hughes, will present at the RBC Capital Markets Energy Conference in New York, NY, on Monday, June 2, 2008 at 1:00 p.m. eastern time. If you would like to listen to Mr. Ragauss's presentation during the conference, please log on to the following website: http://investor.shareholder.com/bhi/events.cfm. If you would li... 
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05/23/08Baker Hughes to Present at the Sanford Bernstein 24th Annual Strategic Decisions Conference
HOUSTON, May 23 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Chad Deaton, President, Chief Executive Officer and Chairman of Baker Hughes, will present at the Sanford Bernstein 24th Annual Strategic Decisions Conference in New York, NY, on Wednesday, May 28, 2008 at 4:00 p.m. eastern time. If you would like to listen to Mr. Deaton's presentation during the conference, please log on to the following website: http://investor.shareholder.com/bhi/events... 
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05/23/08Baker Hughes Announces Conference Call
HOUSTON, May 23 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that it has scheduled a conference call on Tuesday, July 22, 2008 at 10:00 a.m. eastern, 9:00 a.m. central. During the conference call, the company intends to discuss results for the second quarter of 2008, ending June 30, 2008. The results are expected to be released on Tuesday, July 22, 2008, before the market opens. To access the call, which is open to the public, please call the conferenc... 
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05/23/08Baker Hughes to Present at the 2008 Deutsche Bank Energy & Utilities Conference
HOUSTON, May 23 /PRNewswire/ -- 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 li... 
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05/22/08Baker Hughes Announces Agreement with ReedHycalog
HOUSTON, May 22 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that it has reached reciprocal license agreements with ReedHycalog, a division of National Oilwell Varco, Inc. (NYSE: NOV) regarding outstanding patent infringement claims and counter-claims. As part of the agreements, Baker Hughes and ReedHycalog have agreed to a cross license of the disputed technologies. Baker Hughes will pay ReedHycalog $70 million in royalties for prior use of certain... 
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05/14/08Baker Hughes to Present at the 2008 UBS Global Oil & Gas Conference
HOUSTON, May 14, 2008 /PRNewswire via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Andy O'Donnell, Vice President and President, Baker Petrolite, will present at the 2008 UBS Global Oil & Gas Conference in Austin, TX, on Tuesday, May 20, 2008 at 10:25 a.m. eastern time. If you would like to listen to Mr. O'Donnell's presentation during the conference, please log on to the following website: http://investor.shareholder.com/bhi/events.cfm. If you wou... 
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05/08/08Baker Hughes to Present at the Calyon Energy Conference 2008
HOUSTON, May 8 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Peter Ragauss, Senior Vice President and Chief Financial Officer, will present at the Calyon Energy Conference 2008 in New York, NY, on Wednesday, May 14, 2008 at 8:30 a.m. eastern time. If you would like to listen to Mr. Ragauss'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 repl... 
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05/08/08Baker Hughes to Present at the Tristone Capital Energie '08 Conference
HOUSTON, May 8 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Paul Butero, President, INTEQ, will present a luncheon keynote address at the Tristone Capital Energie '08 Conference in Paris, France, on Wednesday, May 14, 2008 at 1:00 p.m. Paris time. Additionally, Gary Flaharty, Director, Investor Relations, will present a company update on Tuesday, May 13 at 11:10 a.m. Paris time If you would like to listen to Mr. Butero's or Mr. Flaharty's p... 
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05/07/08Baker Hughes Announces April 2008 Rig Counts
HOUSTON, May 7 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for April 2008 was 1,074, up 20 from the 1,054 counted in March 2008, and up 90 from the 984 counted in April 2007. The international offshore rig count for April 2008 was 297, up 12 from the 285 counted in March 2008 and up 3 from the 294 counted in April 2007. The US rig count for April 2008 was 1829, up 32 from the 1,797 counted in March 2008 and up 78 from t... 
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04/24/08Baker Hughes Declares Regular Quarterly Dividend
HOUSTON, April 24 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) chairman, president and chief executive officer, Chad C. Deaton, announced today that the Baker Hughes Board declared the regular quarterly cash dividend of $0.13 per share of common stock payable May 16, 2008, to holders of record May 5, 2008. Baker Hughes provides reservoir consulting, drilling, formation evaluation, completion and production products and services to the worldwide oil and gas industry... 
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04/22/08Baker Hughes Announces First Quarter Results
HOUSTON, April 22 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) today announced that net income for the first quarter 2008 was $395.0 million or $1.27 per diluted share compared to $374.7 million or $1.17 per diluted share for the first quarter 2007 and $400.5 million or $1.26 per diluted share for the fourth quarter 2007. Net income for the first quarter 2008 includes a pre-tax gain of $28.2 million (approximately $18.4 million after-tax or $0.06 per diluted share) from ... 
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04/16/08BHI Acquires Reservoir Consulting Firms
Dr. D. Nathan Meehan Named VP Reservoir Technology and Consulting HOUSTON, April 16 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced today that it has acquired two reservoir consulting firms -- Gaffney, Cline & Associates (GCA) and GeoMechanics International (GMI) -- strengthening the company's capabilities in reservoir engineering, technical and managerial advisory services and reservoir geomechanics. The company also announced that D. Nathan Meehan, PhD,... 
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04/07/08Baker Hughes Announces March 2008 Rig Counts
HOUSTON, April 7, 2008 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced today that the international rig count for March 2008 was 1,054, up 22 from the 1,032 counted in February 2008, and up 60 from the 994 counted in March 2007. The international offshore rig count for March 2008 was 285, up 10 from the 275 counted in February 2008 and up 2 from the 283 counted in March 2007. The US rig count for March 2008 was 1,797, up 32 from the 1,765 counted in Februar... 
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03/17/08Baker Hughes Announces Conference Call
HOUSTON, March 17 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced today that it has scheduled a conference call on Tuesday, April 22, 2008 at 8:30 a.m. eastern, 7:30 a.m. central. During the conference call, the company intends to discuss results for the first quarter of 2008, ending March 31, 2008. The results are expected to be released on Tuesday, April 22, 2008, before the market opens. To access the call, which is open to the public, please call the c... 
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03/07/08Baker Hughes Announces February 2008 Rig Counts
HOUSTON, March 7 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced today that the international rig count for February 2008 was 1,032, down 21 from the 1,053 counted in January 2008, and up 51 from the 981 counted in February 2007. The international offshore rig count for February 2008 was 275, down 16 from the 291 counted in January 2008 and down 11 from the 286 counted in February 2007. The US rig count for February 2008 was 1,765, up 16 from the 1... 
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02/25/08Baker Hughes to Present at the Raymond James' 29th Annual Institutional Investors Conference
HOUSTON, Feb. 25 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Gary Rich, President, Hughes Christensen, will present at the Raymond James' 29th Annual Institutional Investors Conference in Orlando, FL, on Monday, March 3, 2008 at 11:00 a.m. eastern time. If you would like to listen to Mr. Rich's presentation during the conference, please log on to the following website: http://investor.shareholder.com/bhi/events.cfm. If you would like to l... 
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02/07/08Baker Hughes Announces January 2008 Rig Counts
HOUSTON, Feb. 7 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced today that the international rig count for January 2008 was 1,053, up 17 from the 1,036 counted in December 2007, and up 81 from the 972 counted in January 2007. The international offshore rig count for January 2008 was 291, unchanged from the 291 counted in December 2007 and up 15 from the 276 counted in January 2007. The international rig count for January 2008 reflects a 16 rig increase in Eur... 
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01/31/08Baker Hughes to Present at the 2008 Credit Suisse Energy Summit
HOUSTON, Jan. 31 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Chad C. Deaton, chairman and chief executive officer of Baker Hughes Incorporated will present at the 2008 Credit Suisse Energy Summit in Vail, Colorado, on Tuesday, February 5, 2008 at 7:40 a.m. mountain time (9:40 am eastern time). If you would like to listen to Mr. Deaton's presentation during the conference, please log on to the following website: http://www.bakerhughes.com/investor/re... 
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01/30/08Baker Hughes Announces Fourth Quarter and Annual Results
HOUSTON, Jan 30, 2008 /PRNewswire via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) today announced that net income for the fourth quarter 2007 was $400.5 million or $1.26 per diluted share compared to $326.2 million or $1.02 per diluted share for the fourth quarter 2006 and $389.1 million or $1.22 per diluted share for the third quarter 2007. Net income for the year 2007 was $1,513.9 million or $4.73 per diluted share, compared to $2,419.0 million or $7.27 per dilute... 
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01/24/08Baker Hughes Declares Regular Quarterly Dividend
HOUSTON, Jan. 24 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (BHI: NYSE; EBS) chairman and chief executive officer, Chad C. Deaton, announced today that the Baker Hughes Board declared the regular quarterly cash dividend of $0.13 per share of common stock payable February 15, 2008, to holders of record February 4, 2008. Baker Hughes is a leading provider of drilling, formation evaluation, completion and production products and services to the worldwide oil and gas industry... 
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01/09/08Baker Hughes Names Jan Kees van Gaalen Vice President and Treasurer
HOUSTON, Jan. 9 /PRNewswire/ -- Baker Hughes Incorporated announced today that Jan Kees van Gaalen, has been appointed vice president and treasurer for Baker Hughes Incorporated and is expected to assume his duties on January 14, 2008. Mr. van Gaalen will replace Douglas Doty who retired from the company in July 2007. Peter A. Ragauss, Baker Hughes senior vice president and chief financial officer, said "We are pleased that Jan Kees van Gaalen is joining the Baker Hughes managemen... 
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01/08/08Baker Hughes Announces December 2007 Rig Counts
HOUSTON, Jan 08, 2008 /PRNewswire via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced today that the international rig count for December 2007 was 1,036, up 44 from the 992 counted in November 2007, and up 85 from the 951 counted in December 2006. The international offshore rig count for December 2007 was 291, up 19 from the 272 counted in November 2007 and up 1 from the 271 counted in December 2006. The international rig count for December 2007 reflects a 30 ... 
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12/13/07Baker Hughes Names Nelson Ney as President of Centrilift
HOUSTON, Dec. 13 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced today that Nelson Ney has been appointed President of Centrilift and Vice President of Baker Hughes Incorporated effective immediately, succeeding Charles S. "Charlie" Wolley who is leaving the company. David H. Barr, Group President, Completion and Production, said: "I am pleased to announce the appointment of Nelson Ney as President of Centrilift. His strong international experience, ... 
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12/11/07Baker Hughes Announces Conference Call
HOUSTON, Dec. 11 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced today that it has scheduled a conference call on Wednesday, January 30, 2008 at 8:30 a.m. eastern, 7:30 a.m. central. During the conference call, the company intends to discuss results for the fourth quarter of 2007, ending December 31, 2007. The results are expected to be released on Wednesday, January 30, 2008, before the market opens. To access the call, which is open to the public, please ca... 
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12/07/07Baker Hughes Announces November 2007 Rig Counts
HOUSTON, Dec. 7 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced today that the international rig count for November 2007 was 992, down 32 from the 1024 counted in October 2007, and up 53 from the 939 counted in November 2006. The international offshore rig count for November 2007 was 272, down 14 from the 286 counted in October 2007 and up 12 from the 260 counted in November 2006. The international rig count for November 2007 was impacted by a 16 rig decline ... 
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11/07/07Baker Hughes Announces October 2007 Rig Counts
HOUSTON, Nov. 7 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced today that the international rig count for October 2007 was 1,024, down 8 from the 1,032 counted in September 2007, and up 59 from the 965 counted in October 2006. The international offshore rig count for October 2007 was 286, up 1 from the 285 counted in September 2007 and up 12 from the 274 counted in October 2006. The US rig count for October 2007 was 1,762, down 21 from the 1,783 counted in S... 
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10/30/07Baker Hughes to Present at the Merrill Lynch 2007 Global Energy Conference
HOUSTON, Oct. 30 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Martin Craighead, Group President, Drilling and Evaluation, will present at the Merrill Lynch 2007 Global Energy Conference in New York, NY, on Wednesday, November 7, 2007 at 2:20 p.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://www.bakerhughes.com/investor/resources/presentations.h... 
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10/29/07Baker Hughes to Present at the Bank of America 2007 Energy Conference
HOUSTON, Oct. 29 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Peter Ragauss, Baker Hughes' senior vice president and chief financial officer, will present at the Bank of America 2007 Energy Conference in Key Biscayne, Florida, on Thursday, November 15, 2007 at 11:25 a.m. eastern time. If you would like to listen to Mr. Ragauss's presentation during the conference, please log on to the following website: http://www.bakerhughes.com/investor/resources/pr... 
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10/26/07Baker Hughes Announces Third Quarter Results
HOUSTON, Oct. 26 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) today announced that net income for the third quarter 2007 was $389.1 million or $1.22 per diluted share compared to $358.6 million or $1.09 per diluted share for the third quarter 2006 and $349.6 million or $1.09 per diluted share for the second quarter 2007. Revenue for the third quarter 2007 was $2,677.6 million, up 16% compared to $2,309.4 million for the third quarter 2006 and up 6% compared to $2,537.... 
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10/25/07Baker Hughes Declares Regular Quarterly Dividend
HOUSTON, Oct. 25 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) chairman and chief executive officer, Chad C. Deaton, announced today that the Baker Hughes Board declared the regular quarterly cash dividend of $0.13 per share of common stock payable November 16, 2007, to holders of record November 5, 2007. Baker Hughes is a leading provider of drilling, formation evaluation, completion and production products and services to the worldwide oil and gas industry. ... 
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10/05/07Baker Hughes Announces September 2007 Rig Counts
HOUSTON, Oct. 5 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced today that the international rig count for September 2007 was 1,032, up 23 from the 1,009 counted in August 2007, and up 83 from the 949 counted in September 2006. The international offshore rig count for September 2007 was 285, up 5 from the 280 counted in August 2007 and up 21 from the 264 counted in September 2006. The US rig count for September 2007 was 1,783, down 21 from the 1,804 counted i... 
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09/21/07Baker Hughes Announces Conference Call
HOUSTON, Sept. 21 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced today that it has scheduled a conference call on Friday, October 26, 2007 at 8:30 a.m. eastern, 7:30 a.m. central. During the conference call, the company intends to discuss results for the third quarter of 2007, ending September 30, 2007. The results are expected to be released on Friday, October 26, 2007, before the market opens. To access the call, which is open to the public, please call th... 
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09/13/07Baker Hughes to Present at the UBS 2nd Annual Best of the Americas Conference
HOUSTON, Sept. 13 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Chad Deaton, Baker Hughes' chairman and chief executive officer, will present at the UBS 2nd Annual Best of the Americas Conference in London on Friday, September 21, 2007 at 9:35 a.m. eastern time (14:35 UK time). If you would like to listen to Mr. Deaton's presentation during the conference, please log on to the following website: http://www.bakerhughes.com/investor/resources/presentatio... 
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09/10/07Baker Hughes Announces August 2007 Rig Counts
HOUSTON, Sept. 10 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced today that the international rig count for August 2007 was 1,009, down 9 from the 1,018 counted in July 2007, and up 55 from the 954 counted in August 2006. The international offshore rig count for August 2007 was 280, down 16 from the 296 counted in July 2007 and up 2 from the 278 counted in August 2006. The decline in the Latin American offshore rig count reflects the impact of Hurricane Dean in ... 
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08/30/07Baker Hughes Announces Planned Retirement of James R. Clark
HOUSTON, Aug. 30 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that James R. "Rod" Clark, President and Chief Operating Officer, has announced his intent to retire from Baker Hughes on January 31, 2008, at which time Chad C. Deaton, Chairman and Chief Executive Officer, will then also assume the position of President. Commenting on the announcement Mr. Deaton said, "I want to personally thank Rod for his significant contribution to Baker Hughes. Rod and I h... 
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08/24/07CORRECTION: Baker Hughes to Present at the Bank of America 37th Annual Investment Conference
HOUSTON, Aug. 24 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Peter Ragauss, Baker Hughes' senior vice president and chief financial officer, will present at the Bank of America 37th Annual Investment Conference in San Francisco, California, on Wednesday, September 19, 2007 at 5:30 p.m. eastern time (2:30 p.m. pacific time). If you would like to listen to Mr. Ragauss's presentation during the conference, please log on to the following website: http://... 
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08/21/07Baker Hughes to Present at the Lehman Brothers 2007 CEO Energy/Power Conference
HOUSTON, Aug 21, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Chad Deaton, Baker Hughes' chairman and chief executive officer, will present at the Lehman Brothers 2007 CEO Energy/Power Conference in New York, New York on Wednesday, September 5, 2007 at 10:25 a.m. eastern time. If you would like to listen to Mr. Deaton's presentation during the conference, please log on to the following website: http://www.bakerhughes.com... 
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08/07/07Baker Hughes Announces July 2007 Rig Counts
U.S. Workover Rig Count To Be Discontinued HOUSTON, Aug. 7 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced today that the international rig count for July 2007 was 1,018, up 3 from the 1,015 counted in June 2007, and up 97 from the 921 counted in July 2006. The international offshore rig count for July 2007 was 296, up 11 from the 285 counted in June 2007 and up 27 from the 269 counted in July 2006. The US rig count for July 2007 w... 
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07/27/07Baker Hughes Announces Second Quarter Results
HOUSTON, July 27 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) today announced that net income for the second quarter 2007 was $349.6 million or $1.09 per diluted share compared to $1,395.0 million or $4.14 per diluted share for the second quarter 2006 and $374.7 million or $1.17 per diluted share for the first quarter 2007. Operating profit, which is a non-GAAP measure comprised of income from continuing operations excluding the impact of certain identified items, was... 
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07/26/07Baker Hughes Declares Regular Quarterly Dividend
HOUSTON, July 26 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) chairman and chief executive officer, Chad C. Deaton, announced today that the Baker Hughes Board declared the regular quarterly cash dividend of $0.13 per share of common stock payable August 17, 2007, to holders of record August 6, 2007. Baker Hughes is a leading provider of drilling, formation evaluation, completion and production products and services to the worldwide oil and gas industry. NOT I... 
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07/13/07Baker Hughes Announces Second Quarter 2007 Preliminary Results
HOUSTON, July 13 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) today announced that net income for the second quarter 2007 is estimated to be between $1.07 and $1.09 per diluted share compared to the $1.17 per diluted share reported for the first quarter of 2007. The sequential decline in the second quarter of 2007 compared to the first quarter of 2007 primarily results from significant deterioration of activity and profitability in Canada -- particularly in ... 
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07/09/07Baker Hughes Announces June 2007 Rig Counts
HOUSTON, July 9 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for June 2007 was 1,015, up 8 from the 1,007 counted in May 2007, and up 109 from the 906 counted in June 2006. The international offshore rig count for June 2007 was 285, down 11 from the 296 counted in May 2007 and up 20 from the 265 counted in June 2006. The US rig count for June 2007 was 1,771, up 23 from the 1,748 counted in May 2007 and up 106 fro... 
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06/14/07Baker Hughes Announces Conference Call
HOUSTON, June 14 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced today that it has scheduled a conference call on Friday, July 27, 2007 at 8:30 a.m. eastern, 7:30 a.m. central. During the conference call, the company intends to discuss results for the second quarter of 2007, ending June 30, 2007. The results are expected to be released on Friday, July 27, 2007, before the market opens. To access the call, which is open to the public, please call the conferen... 
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06/07/07Baker Hughes Announces May 2007 Rig Counts
HOUSTON, June 7 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced today that the international rig count for May 2007 was 1,007, up 23 from the 984 counted in April 2007, and up 87 from the 920 counted in May 2006. The international offshore rig count for May 2007 was 296, up 2 from the 294 counted in April 2007 and up 21 from the 275 counted in May 2006. The US rig count for May 2007 was 1,748, down 3 from the 1,751 counted in April 2007 and up 113 from the 1,6... 
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05/08/07Baker Hughes Announces April 2007 Rig Counts; Correction to U.S. Workover Rig Count
HOUSTON, May 8, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced today that the international rig count for April 2007 was 984, down 10 from the 994 counted in March 2007, and up 72 from the 912 counted in April 2006. The international offshore rig count for April 2007 was 294, up 11 from the 283 counted in March 2007 and up 25 from the 269 counted in April 2006. The US rig count for April 2007 was 1,751, up 2 from the 1,749 count... 
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05/07/07Baker 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 and Senior Vice President of Baker Hughes Incorporated will present at the 2007 Deutsche 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 the conference, please log on to the following website: http://www.bakerhughes.com/inv... 
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05/07/07Baker Hughes to Present at the 2007 UBS Global Oil & Gas Conference
HOUSTON, May 7 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Peter A. Ragauss, Chief Financial Officer and Senior Vice President of Baker Hughes Incorporated will present at the 2007 UBS Global Oil & Gas Conference in Austin, TX, on Tuesday, May 22, 2007 at 8:30 a.m. eastern time. If you would like to listen to Mr. Ragauss's presentation during the conference, please log on to the following website: http://www.bakerhughes.com/investor/resourc... 
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05/07/07Baker Hughes Announces April 2007 Rig Counts
Houston, May 7 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE:BHI; EBS) announced today that the international rig count for April 2007 was 984, down 10 from the 994 counted in March 2007, and up 72 from the 912 counted in April 2006. The international offshore rig count for April 2007 was 294, up 11 from the 283 counted in March 2007 and up 25 from the 269 counted in April 2006. The US rig count for April 2007 was 1,751, up 2 from the 1,749 counted in March 2007 and u... 
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04/26/07Baker Hughes Settles Previously Disclosed FCPA Investigations
HOUSTON, April 26 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced today that it has reached settlements with the United States Department of Justice (DOJ) and the Securities and Exchange Commission (SEC). These parallel settlements resolve the investigations, disclosed in 2002 and 2003, into Baker Hughes' operations in Angola, Kazakhstan and Nigeria. The total agreed-upon payments to settle these investigations are $44.1 million, for which the company r... 
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04/26/07Baker Hughes Names Stephen K. Ellison as President of Baker Atlas
HOUSTON, April 26, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced today that Stephen K. "Steve" Ellison has been appointed President of Baker Atlas and Vice President of Baker Hughes Incorporated and is expected to assume his duties by May 1, 2007, succeeding Paul Butero who was recently appointed President, INTEQ. Mr. Ellison reports to Martin Craighead, Group President, Drilling and Evaluation. James "Rod" Clark, Baker Hughes P... 
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04/26/07Baker Hughes Declares Regular Quarterly Dividend
HOUSTON, April 26 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) chairman and chief executive officer, Chad C. Deaton, announced today that the Baker Hughes Board declared the regular quarterly cash dividend of $0.13 per share of common stock payable May 18, 2007, to holders of record May 7, 2007. Baker Hughes is a leading provider of drilling, formation evaluation, completion and production products and services to the worldwide oil and gas industry. ... 
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04/25/07Baker Hughes Announces First Quarter Results
HOUSTON, April 25 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) today announced that income from continuing operations for the first quarter 2007 was $374.7 million or $1.17 per diluted share compared to $318.8 million or $0.93 per diluted share for the first quarter 2006 and $326.2 million or $1.02 per diluted share for the fourth quarter 2006. Net income for the first quarter 2007 was $374.7 million or $1.17 per diluted share compared to $339.2 million or $... 
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04/09/07Baker Hughes Announces March 2007 Rig Counts
HOUSTON, April 9 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced today that the international rig count for March 2007 was 994, up 13 from the 981 counted in February 2007, and up 96 from the 898 counted in March 2006. The international offshore rig count for March 2007 was 283, down 3 from the 286 counted in February 2007 and up 9 from the 274 counted in March 2006. The US rig count for March 2007 was 1,749, up 13 from the 1,736 counted in February... 
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03/21/07Baker Hughes Announces Management Changes
HOUSTON, March 21, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced three changes to its executive leadership team today. All changes are effective March 30, 2007. David H. Barr, Vice President and Group President, Baker Hughes Drilling and Evaluation, has been appointed Vice President and Group President, Baker Hughes Completion and Production reporting to James R. "Rod" Clark, President and Chief Operating Officer. Mr. Barr repl... 
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03/21/07Baker Hughes Announces Conference Call
HOUSTON, March 21 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced today that it has scheduled a conference call on Wednesday, April 25, 2007 at 8:30 a.m. eastern, 7:30 a.m. central. During the conference call, the company intends to discuss results for the first quarter of 2007, ending March 30, 2007. The results are expected to be released on Wednesday, April 25, 2007, before the market opens. To access the call, which is open to the public, please... 
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03/21/07Baker 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 executive officer of Baker Hughes Incorporated will present at the Howard Weil 35th Annual Energy Conference in New Orleans, Louisiana, on Tuesday, April 3, 2007 at 9:30 a.m. eastern time. This event will not be Webcast; however, the presentation will be available on our website the day of the event. Please log on to http://www.bakerhughes.com/... 
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03/07/07Baker Hughes Announces February 2007 Rig Counts
HOUSTON, March 7 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced today that the international rig count for February 2007 was 981, up 9 from the 972 counted in January 2007, and up 96 from the 885 counted in February 2006. The international offshore rig count for February 2007 was 286, up 10 from the 276 counted in January 2007 and up 19 from the 267 counted in February 2006. The US rig count for February 2007 was 1,736, up 22 from the 1,714 counted ... 
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02/15/07Baker Hughes Announces Fourth Quarter and Annual Results
HOUSTON, Feb. 15 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) today announced that income from continuing operations for the fourth quarter 2006 was $326.2 million or $1.02 per diluted share compared to $257.4 million or $0.75 per diluted share for the fourth quarter 2005 and $358.6 million or $1.09 per diluted share for the third quarter 2006. Income from continuing operations for the year 2006 was $2,398.6 million or $7.21 per diluted share, compared to $874.... 
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02/07/07Baker Hughes Announces January 2007 Rig Counts
HOUSTON, Feb 07, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced today that the international rig count for January 2007 was 972, up 21 from the 951 counted in December 2006, and up 67 from the 905 counted in January 2006. The international offshore rig count for January 2007 was 276, up 5 from the 271 counted in December 2006 and up 13 from the 263 counted in January 2006. The US rig count for January 2007 was 1,714, down 4 from... 
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01/25/07Baker Hughes Declares Regular Quarterly Dividend
HOUSTON, Jan. 25 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) chairman and chief executive officer, Chad C. Deaton, announced today that the Baker Hughes Board declared the regular quarterly cash dividend of $0.13 per share of common stock payable February 16, 2007, to holders of record February 5, 2007. Baker Hughes is a leading provider of drilling, formation evaluation, completion and production products and services to the worldwide oil and gas industry... 
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01/17/07Baker 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 executive officer of Baker Hughes Incorporated will present at the 2007 Credit Suisse Energy 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 the conference, please log on to the following website: http://www.bakerhughes.com/... 
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01/08/07Baker Hughes Announces December 2006 Rig Counts
HOUSTON, Jan 08, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced today that the international rig count for December 2006 was 951, up 12 from the 939 counted in November 2006, and up 3 from the 948 counted in December 2005. The international offshore rig count for December 2006 was 271, up 11 from the 260 counted in November 2006 and up 7 from the 264 counted in December 2005. (1) Excluding Iran and Sudan, the international rig c... 
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01/02/07Baker Hughes Names Didier Charreton Vice President of Human Resources
HOUSTON, Jan 02, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced today that Didier Charreton, 43, has been appointed vice president of human resources for Baker Hughes Inc. and is expected to assume his duties by March 1, 2007. Mr. Charreton will replace Greg Nakanishi, 55, who is retiring from the company effective January 2, 2007. Mr. Charreton joins Baker Hughes from Coats Plc, where he currently serves as human resources dire... 
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01/02/07Baker Hughes Announces Conference Call
HOUSTON, Jan. 2 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced today that it has scheduled a conference call on Thursday, February 15, 2007 at 8:30 a.m. eastern, 7:30 a.m. central. During the conference call, the company intends to discuss results for the fourth quarter of 2006, ending December 31, 2006. The results are expected to be released on Thursday, February 15, 2007, before the market opens. To access the call, which is open to the public, ... 
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01/02/07Baker 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 - business development, North America, will be a panelist at the Goldman Sachs Global Energy Conference 2007 in New York, NY, on Wednesday, January 17, 2007 at 11:00 a.m. eastern time. This event will not be Webcast nor is a formal presentation available. Forward-Looking Statements The presentation referenced in this news release and any oral statement... 
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12/07/06Baker Hughes Announces November 2006 Rig Counts
HOUSTON, Dec. 7 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced today that the international rig count for November 2006 was 939, down 26 from the 965 counted in October 2006, and up 4 from the 935 counted in November 2005. The international offshore rig count for November 2006 was 260, down 14 from the 274 counted in October 2006 and down 7 from the 267 counted in November 2005. (A) Excluding Iran and Sudan, the international rig count for November ... 
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11/10/06Baker Hughes Comments on North American Rig Count
HOUSTON, Nov 10, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) commented on the variance in the North American weekly rig count published today. The U.S. land rig count reported this week of 1,586 represents a decrease of 41 rigs from last week's U.S. land rig count of 1,627. The decrease reflects the impact of weather delays in North Texas and Oklahoma, as well as refinements in the methodology used to compile the rig count to ensure c... 
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11/07/06Baker Hughes Announces October 2006 Rig Counts
HOUSTON, Nov. 7 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced today that the international rig count for October 2006 was 965, up 16 from the 949 counted in September 2006, and up 62 from the 903 counted in October 2005. The international offshore rig count for October 2006 was 274, up 10 from the 264 counted in September 2006 and up 10 from the 264 counted in October 2005. (1) Excluding Iran and Sudan, the international rig count for October 2006 ... 
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10/27/06Baker Hughes Announces Third Quarter Results
HOUSTON, Oct. 27 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) today announced that income from continuing operations for the third quarter 2006 was $358.6 million or $1.09 per diluted share compared to $220.6 million or $0.64 per diluted share for the third quarter 2005 and $1,395.0 million or $4.14 per diluted share for the second quarter 2006. Net income for the third quarter 2006 was $358.6 million or $1.09 per diluted share compared to $221.9 million or $0.65... 
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10/26/06Baker Hughes Declares Regular Quarterly Dividend
HOUSTON, Oct 26, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) chairman and chief executive officer, Chad C. Deaton, announced today that the Baker Hughes Board declared the regular quarterly cash dividend of $0.13 per share of common stock payable November 17, 2006, to holders of record November 6, 2006. Baker Hughes is a leading provider of drilling, formation evaluation, completion and production products and services to the worldwid... 
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10/06/06Baker Hughes Announces September 2006 Rig Counts
HOUSTON, Oct. 6 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced today that the international rig count for September 2006 was 949, down 5 from the 954 counted in August 2006, and up 42 from the 907 counted in September 2005. The international offshore rig count for September 2006 was 264, down 14 from the 278 counted in August 2006 and down 5 from the 269 counted in September 2005. (A) Excluding Iran and Sudan, the international rig count for Septemb... 
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10/05/06Baker Hughes to Present at the Merrill Lynch 2006 Global Energy Conference
HOUSTON, Oct. 5 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Martin Craighead, Vice President of Baker Hughes Incorporated and President of Baker Hughes' INTEQ division, will present at the Merrill Lynch 2006 Global Energy Conference in New York, NY, on Thursday, November 2, 2006 at 10:55 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://www.ba... 
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10/03/06Baker Hughes to Present at the Bank of America 2006 Energy Conference
UPDATE - Nov 15, 2006. This presentation has been changed to 9:20 am eastern time on Thursday November 16. HOUSTON, Oct 03, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Peter Ragauss, Baker Hughes' senior vice president and chief financial officer, will present at the Bank of America 2006 Energy Conference in Key Biscayne, Florida, on Thursday, November 16, 2006 at 8:40 a.m. eastern time. If you would like to liste... 
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09/15/06Baker Hughes Announces Conference Call
HOUSTON, Sept. 15 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced today that it has scheduled a conference call on Friday, October 27, 2006 at 8:30 a.m. eastern, 7:30 a.m. central. During the conference call, the company intends to discuss results for the third quarter of 2006, ending September 30, 2006. The results are expected to be released on Friday, October 27, 2006, before the market opens. To access the call, which is open to the public, plea... 
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09/13/06Baker Hughes Announces Organizational Changes
HOUSTON, Sept. 13 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced four changes to its executive leadership team today. All changes are effective immediately. Frank M. "Mike" Davis has been appointed President of Baker Hughes Russia, Inc. reporting to Rod Clark, President and Chief Operating Officer. In this role Mr. Davis will have responsibilities for all Baker Hughes operations in Russia. William P. "Wil" Faubel has been appointed Vice Presid... 
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09/08/06Baker Hughes Announces August 2006 Rig Counts
HOUSTON, Sept. 8 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced today that the international rig count for August 2006 was 954, up 33 from the 921 counted in July 2006, and up 40 from the 914 counted in August 2005. The international offshore rig count for August 2006 was 278, up 9 from the 269 counted in July 2006 and up 10 from the 268 counted in August 2005. (1) Excluding Iran and Sudan, the international rig count for August 2006 was 954, up 33... 
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08/07/06Baker Hughes Announces July 2006 Rig Counts
HOUSTON, Aug. 7 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced today that the international rig count for July 2006 was 921, up 15 from the 906 counted in June 2006, and up 10 from the 911 counted in July 2005. The international offshore rig count for July 2006 was 269, up 4 from the 265 counted in June 2006 and down 9 from the 278 counted in July 2005. (1) Excluding Iran and Sudan, the international rig count for July 2006 was 921, up 15 from the ... 
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08/03/06Baker Hughes to Present at the Bank of America 36th Annual Investment Conference
HOUSTON, Aug 03, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Peter Ragauss, Baker Hughes' senior vice president and chief financial officer, will present at the Bank of America 36th Annual Investment Conference in San Francisco, California, on Wednesday, September 20, 2006 at 1:00 p.m. eastern time. If you would like to listen to Mr. Ragauss's presentation during the conference, please log on to the following website: ... 
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08/02/06Baker Hughes to Present at the Lehman Brothers 2006 CEO Energy/Power Conference
HOUSTON, Aug. 2 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Chad Deaton, Baker Hughes' chairman and chief executive officer, will present at the Lehman Brothers 2006 CEO Energy/Power Conference in New York, New York on Wednesday, September 6, 2006 at 9:05 a.m. eastern time. If you would like to listen to Mr. Deaton's presentation during the conference, please log on to the following website: http://www.bakerhughes.com/investor/resources/pre... 
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07/28/06Baker Hughes Announces Record Second Quarter Results
HOUSTON, July 28 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) today announced that in accordance with generally accepted accounting principles (GAAP), income from continuing operations for the second quarter 2006 was $1,395.0 million or $4.14 per diluted share compared to $218.0 million or $0.64 per diluted share for the second quarter 2005 and $318.8 million or $0.93 per diluted share for the first quarter 2006. Net income for the second quarter 2006 was $1... 
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07/27/06Baker Hughes Declares Regular Quarterly Dividend
HOUSTON, July 27 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) chairman and chief executive officer, Chad C. Deaton, announced today that the Baker Hughes Board declared the regular quarterly cash dividend of $0.13 per share of common stock payable August 18, 2006, to holders of record August 7, 2006. Baker Hughes is a leading provider of drilling, formation evaluation, completion and production products and services to the worldwide oil and gas industry. ... 
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07/11/06Baker Hughes Announces June 2006 Rig Counts
HOUSTON, July 11 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced today that the international rig count for June 2006 was 906, down 14 from the 920 counted in May 2006, and down 26 from the 932 counted in June 2005. The international offshore rig count for June 2006 was 265, down 10 from the 275 counted in May 2006 and down 26 from the 291 counted in June 2005. (1) Excluding Iran and Sudan, the international rig count for June 2006 was 906, down 14 ... 
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06/22/06Baker Hughes Announces Conference Call
HOUSTON, June 22 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced today that it has scheduled a conference call on Friday, July 28, 2006 at 8:30 a.m. eastern, 7:30 a.m. central. During the conference call, the company intends to discuss results for the second quarter of 2006, ending June 30, 2006. The results are expected to be released on Friday, July 28, 2006, before the market opens. To access the call, which is open to the public, please call the... 
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06/07/06Baker Hughes Announces May 2006 Rig Counts
HOUSTON, June 7 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced today that the international rig count for May 2006 was 920, up eight from the 912 counted in April 2006, and up one from the 919 counted in May 2005. The international offshore rig count for May 2006 was 275, up six from the 269 counted in April 2006 and unchanged from the 275 counted in May 2005. (A) Excluding Iran and Sudan, the international rig count for May 2006 was 920, up eight ... 
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05/18/06Baker Hughes to Present at UBS 2006 Global Oil & Gas Conference
HOUSTON, May 18 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced today that Chad C. Deaton, Baker Hughes' chairman and chief executive officer, and Peter Ragauss, senior vice president and chief financial officer, will present at the UBS Global Oil & Gas Conference in Austin, Texas on Tuesday, May 23, 2006 at 7:30 a.m., central time. A copy of Mr. Deaton's presentation will be available within 24 hours of the presentation at http://www.bakerhughes.com... 
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05/05/06Baker Hughes Announces April 2006 Rig Counts
HOUSTON, May 5 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced today that the international rig count for April 2006 was 912, up 14 from the 898 counted in March 2006, and up 14 from the 898 counted in April 2005. The international offshore rig count for April 2006 was 269, down five from the 274 counted in March 2006 and up three from the 266 counted in April 2005. (A) Excluding Iran and Sudan, the international rig count for April 2006 was 912, up... 
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04/28/06Baker Hughes Completes Sale of Interest in WesternGeco
HOUSTON, April 28 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) today announced that it has completed the sale of its 30% minority interest in WesternGeco, a seismic venture created November 30, 2000 with Schlumberger Limited, to Schlumberger for $2.4 billion in cash. Baker Hughes expects to record a pre-tax gain of approximately $1.74 billion (approximately $1.05 billion, net of tax). Cash proceeds, net of tax, were approximately $1.8 billion. Baker Hughe... 
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04/27/06Baker Hughes Appoints Pierre H. Jungels, CBE, to Board of Directors
HOUSTON, April 27, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced today that Pierre H. Jungels, CBE, former chief executive officer of Enterprise Oil, plc, has been appointed a director of Baker Hughes and will serve on the Compensation and Finance committees. With his appointment the board now has 12 directors, including 11 independent non- employee directors. Biographical Information Pierre H. Jungels, CBE, 62, a Chartere... 
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04/27/06Baker Hughes Declares Regular Quarterly Dividend
HOUSTON, April 27 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) chairman and chief executive officer, Chad C. Deaton, announced today that the Baker Hughes Board declared the regular quarterly cash dividend of $0.13 per share of common stock payable May 19, 2006, to holders of record May 8, 2006. Baker Hughes is a leading provider of drilling, formation evaluation, completion and production products and services to the worldwide oil and gas industry. ... 
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04/26/06Baker Hughes Announces Record First Quarter Results
Click here for PDF version HOUSTON, April 26, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) today announced that income from continuing operations for the first quarter 2006 was $318.8 million or $0.93 per diluted share, compared to $178.4 million or $0.53 per diluted share for the first quarter 2005 and $257.4 million or $0.75 per diluted share for the fourth quarter 2005. Net income for the first quarter 2006 was $339.2 million or $0.... 
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04/21/06Baker Hughes to Sell Interest in WesternGeco for $2.4 Billion
HOUSTON, April 21 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) today announced that it has signed an agreement to sell its 30% minority interest in WesternGeco, a seismic venture jointly owned with Schlumberger Limited, to Schlumberger for $2.4 billion in cash. The sale has been approved by Baker Hughes' Board of Directors and is expected to be completed by the end of April 2006. Baker Hughes expects to record a pre-tax gain of approximately $1.74 billion (approximately... 
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04/07/06Baker Hughes Announces March 2006 Rig Counts
HOUSTON, April 7, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced today that the international rig count for March 2006 was 898, up 13 from the 885 counted in February 2006, and up seven from the 891 counted in March 2005. The international offshore rig count for March 2006 was 274, up seven from the 267 counted in February 2006 and up 20 from the 254 counted in March 2005. (a) Excluding Iran and Sudan, the international rig co... 
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03/28/06Baker Hughes Names Peter A. Ragauss CFO
HOUSTON, March 28 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced today that Peter A. Ragauss, 48, has been appointed senior vice president and chief financial officer for Baker Hughes effective April 26, 2006. Mr. Ragauss currently serves as segment controller of refining and marketing for BP plc in London, a position he has held since 2003. Prior to his current position he served as chief executive officer of Air BP and before that as assistant to... 
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03/17/06Baker Hughes Announces Conference Call
HOUSTON, March 17 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced today that it has scheduled a conference call on Wednesday, April 26, 2006 at 8:30 a.m. eastern, 7:30 a.m. central. During the conference call, the company intends to discuss results for the first quarter of 2006, ending March 31, 2006. The results are expected to be released on Wednesday, April 26, 2006, before the market opens. To access the call, which is open to the public, please... 
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03/07/06Baker Hughes Announces February 2006 Rig Counts
HOUSTON, March 7 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced today that the international rig count for February 2006 was 885, down 20 from the 905 counted in January 2006, and up nine from the 876 counted in February 2005. The international offshore rig count for February 2006 was 267, up four from the 263 counted in January 2006 and up 14 from the 253 counted in February 2005. Excluding Iran and Sudan, the international rig count for February 2... 
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02/16/06Baker Hughes Announces Record Fourth Quarter Results
Click here for PDF version HOUSTON, Feb. 16 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) today announced that, income from continuing operations for the fourth quarter 2005 was $257.4 million or $0.75 per diluted share, compared to $178.8 million or $0.53 per diluted share for the fourth quarter 2004 and $220.6 million or $0.64 per diluted share for the third quarter 2005. Income from continuing operations for the year 2005 was $874.4 million or $2.56 per dil... 
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02/07/06Baker Hughes Announces January 2006 Rig Counts
HOUSTON, Feb. 7 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced today that the international rig count for January 2006 was 905, down 43 or -5% from the 948 counted in December 2005, and up 45 or 5% from the 860 counted in January 2005. The international offshore rig count for January 2006 was 263, down one from the 264 counted in December 2005 and up 29 or 12% from the 234 counted in January 2005. Beginning with this report, the company is discontin... 
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01/31/06Baker Hughes Acquires Nova Technology Corporation
HOUSTON, Jan. 31 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced today that it has acquired Nova Technology Corporation ("Nova") of Broussard, Louisiana for approximately $70 million in cash and assumed debt. Nova is a leading supplier of permanent monitoring, chemical injection systems, and multi-line services for deepwater and subsea oil and gas well applications and has contracts in the Gulf of Mexico, West Africa, Sakhalin Island and Brazil. "Th... 
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01/26/06Baker Hughes Declares Regular Quarterly Dividend
HOUSTON, Jan. 26 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) chairman and chief executive officer, Chad C. Deaton, announced today that the Baker Hughes Board declared the regular quarterly cash dividend of $0.13 per share of common stock payable February 17, 2006, to holders of record February 6, 2006. Baker Hughes is a leading provider of drilling, formation evaluation, completion and production products and services to the worldwide oil and gas industry... 
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01/26/06Baker Hughes to Present at Credit Suisse First Boston 2006 Energy Summit
HOUSTON, Jan. 26 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced today that Chad C. Deaton, Baker Hughes' chairman and chief executive officer, will present at the CSFB 2006 Energy Summit in Vail, Colorado on Wednesday, February 1, 2006 at 7:00 a.m., mountain time. A copy of Mr. Deaton's presentation will be available within 24 hours of the presentation at http://www.bakerhughes.com/investor/resources/presentations.htm . If you would like to listen ... 
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01/09/06Baker Hughes Announces December 2005 Rig Counts
International Rig Count Up 1% From November 2005; Up 9% From One Year Ago; Worldwide Rig Count Down 1% From November 2005; Up 17% From One Year Ago HOUSTON, Jan. 9 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced today that the international rig count for December 2005 was 948, up 13 from the 935 counted in November 2005, and up 79 from the 869 counted in December 2004. The international offshore rig count for December 2005 was 264, down three from t... 
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01/05/06Baker Hughes Announces Conference Call
HOUSTON, Jan 05, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced today that it has scheduled a conference call on Thursday, February 16, 2006 at 8:30 a.m. eastern, 7:30 a.m. central. During the conference call, the company intends to discuss results for the fourth quarter of 2005, which ended December 31, 2005. The results are expected to be released on Thursday, February 16, 2006, before the market opens. To access the call, ... 
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12/13/05Baker Hughes Hosts Investor Event on December 13, 2005
HOUSTON, Dec. 13 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; PCX; EBS) announced today that it is web casting an Analyst Conference it is hosting in The Woodlands, Texas. The conference web cast will begin at approximately 8:00 a.m. central (9:00 a.m. eastern) on Tuesday, December 13, 2005. Interested parties may access the web cast live over the internet at http://www.bakerhughes.com/investor, where a link to the web cast will be available. To listen to the live p... 
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12/07/05Baker Hughes Announces November 2005 Rig Counts
International Rig Count Up 4% From October 2005; Up 7% From One Year Ago; Worldwide Rig Count Up 3% From October 2005; Up 17% From One Year AgoHOUSTON, Dec 07, 2005 /PRNewswire-FirstCall via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced today that the international rig count for November 2005 was 935, up 32 from the 903 counted in October 2005, and up 59 from the 876 counted in November 2004. The international offshore rig count for November 2005 was 267, up t... 
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12/02/05Baker Hughes Acquires Zeroth Technology Limited
HOUSTON, Dec. 2 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced today that it has acquired all of the outstanding share capital of Zeroth Technology Limited ("Zertech"), a privately owned company based in Aberdeen, Scotland. Zertech has developed and patented a unique, non-elastomer, expandable metal sealing element that is currently marketed in well intervention applications. Zertech's current customers include major oil and gas exploration and product... 
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11/30/05Baker Hughes Announces Organizational Changes
HOUSTON, Nov 30, 2005 /PRNewswire via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced today that William P. "Wil" Faubel will be appointed President of Baker Atlas beginning January 1, 2006, succeeding David H. Barr who was acting as interim president of Baker Atlas since August 2005. Mr. Faubel will report directly to Mr. Barr, Group President, Drilling and Evaluation. The company also announced that Charles S. "Charlie" Wolley will be appointed President of ... 
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11/07/05Baker Hughes Announces October 2005 Rig Counts
International Rig Count Unchanged From September 2005; Up 7% From One Year Ago; Worldwide Rig Count Up 2% From September 2005; Up 19% From One Year Ago HOUSTON, Nov. 7 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced today that the international rig count for October 2005 was 903, down four from the 907 counted in September 2005, and up 61 from the 842 counted in October 2004. The international offshore rig count for October 2005 was 264, down five fro... 
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11/01/05Baker Hughes CFO Steve Finley to Retire
HOUSTON, Nov 01, 2005 /PRNewswire-FirstCall via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that G. Stephen "Steve" Finley, Senior Vice President - Finance & Administration and Chief Financial Officer has decided to retire from Baker Hughes on March 31, 2006. Mr. Finley will continue to serve in his current role until his retirement date or until a successor is named. Chad C. Deaton, Chairman and CEO of Baker Hughes said, "During his tenure as our CFO,... 
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10/28/05Baker Hughes Announces Third Quarter Results
Click here for PDF version HOUSTON, Oct 28, 2005 /PRNewswire-FirstCall via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) today announced that net income for the third quarter of 2005 was $221.9 million or $0.65 per diluted share, up 61% compared to $137.5 million or $0.41 per diluted share for the third quarter of 2004 and up 1% compared to $218.8 million or $0.64 per diluted share for the second quarter of 2005. Revenue for the third quarter of 2005 was $1,793.3 millio... 
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10/27/05Baker Hughes Declares Regular Quarterly Dividend
HOUSTON, Oct 27, 2005 /PRNewswire-FirstCall via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) chairman and chief executive officer, Chad C. Deaton, announced today that the Baker Hughes Board declared the regular quarterly cash dividend of $0.13 per share of common stock payable November 18, 2005, to holders of record November 7, 2005. Baker Hughes is a leading provider of drilling, formation evaluation, completion and production products and services to the worldwide oil... 
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10/27/05BHI Announces Stock Repurchase Plan and Dividend Increase
HOUSTON, Oct. 27 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; PCX; EBS) announced today that its Board of Directors has authorized the company to repurchase up to $455.5 million of common stock increasing the total amount that the company may repurchase to $500.0 million. The board also authorized a regular dividend of $0.13 per share, an increase of approximately 13% from the previous regular quarterly dividend of $0.115 per share. Stock Repurchase Plan Th... 
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10/27/05Baker Hughes to Present at the Bank of America 2005 Energy Conference
HOUSTON, Oct. 27 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Chad Deaton, Baker Hughes' chairman and chief executive officer, will present at the Bank of America 2005 Energy Conference in Boca Raton, Florida on Tuesday, November 15, 2005 at 8:00 a.m. eastern time. If you would like to listen to Mr. Deaton's presentation during the conference, please log on to the following website: http://www.bakerhughes.com/investor/resources/presentations... 
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10/07/05Baker Hughes Announces September 2005 Rig Counts
International Rig Count Down 1% From August 2005; Up 5% From One Year Ago; Worldwide Rig Count Down 1% From August 2005; Up 20% From One Year AgoHOUSTON, Oct 07, 2005 /PRNewswire-FirstCall via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for September 2005 was 907 down seven from the 914 counted in August 2005, and up 41 from the 866 counted in September 2004. The international offshore rig count for September 2005 was 269, u... 
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09/29/05Baker Hughes Announces Analyst Conference
HOUSTON, Sept. 29 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that it has rescheduled its 2005 Analyst Conference in The Woodlands, Texas for Monday, December 12, 2005 and Tuesday, December 13, 2005. The conference, originally scheduled for September 26th and 27th, was postponed due to the impact of Hurricane Rita on Houston and the Texas Gulf Coast. The conference webcast will begin at approximately 8:00 a.m. central (9:00 a.m. eastern) on Tue... 
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09/21/05Baker Hughes Postpones Analyst Conference
HOUSTON, Sept 21, 2005 /PRNewswire-FirstCall via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that it has postponed its Analyst Conference, originally scheduled for Monday, September 26 and Tuesday, September 27, to a date to be announced. The conference is being postponed to assure the continued safety of our employees and our guests from the anticipated impact of Hurricane Rita on the Texas Gulf Coast. We expect to announce a new date in the near future... 
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09/08/05Baker Hughes Announces August 2005 Rig Counts
International Rig Count Up 0.3% From July 2005; Up 7% From One Year Ago Worldwide Rig Count Up 5% From July 2005; Up 20% From One Year Ago HOUSTON, Sept. 8 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for August 2005 was 914 up 3 from the 911 counted in July 2005, and up 58 from the 856 counted in August 2004. The international offshore rig count for August 2005 was 268, down 10 from the 278 counted... 
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08/29/05Baker Hughes Announces Analyst Conference
HOUSTON, Aug 29, 2005 /PRNewswire-FirstCall via COMTEX/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that it will hold its 2005 Analyst Conference in The Woodlands, Texas on Monday, September 26, 2005 and Tuesday, September 27, 2005. The conference webcast will begin at approximately 8:00 a.m. central (9:00 a.m. eastern) on Tuesday, September 27, 2005. Interested parties may access the webcast live over the internet at http://www.bakerhughes.com/investor , where a link to... 
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08/23/05Baker Hughes Announces Conference Call
HOUSTON, Aug 23, 2005 /PRNewswire-FirstCall via COMTEX/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that it has scheduled a conference call on Friday, October 28, 2005 at 8:30 a.m. eastern, 7:30 a.m. central. During the conference call, the company intends to discuss results for the third quarter of 2005, ending September 30, 2005. The results are expected to be released on Friday, October 28, 2005, before the market opens. To access the call, which is open to the public... 
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08/23/05Baker 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 chief executive officer, will present at the Lehman Brothers 2005 CEO Energy/Power Conference 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 the conference, please log on to the following website: http://www.bakerhughes.com/investor/resources/pres... 
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08/05/05Baker Hughes Announces July 2005 Rig Counts
International Rig Count Down 2% From June 2005; Up 11% From One Year Ago Worldwide Rig Count Up 7% From June 2005; Up 16% From One Year Ago HOUSTON, Aug. 5 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for July 2005 was 911 down 21 from the 932 counted in June 2005, and up 94 from the 817 counted in July 2004. The international offshore rig count for July 2005 was 278, down 15 from the 293 counted in June 200... 
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07/29/05Baker Hughes Announces Second Quarter Results
Click here for PDF version HOUSTON, July 29 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) today announced that net income for the second quarter of 2005 was $218.8 million or $0.64 per diluted share, up 87% compared to $116.9 million or $0.35 per diluted share for the second quarter of 2004 and up 22% compared to $179.8 million or $0.53 per diluted share for the first quarter of 2005. Revenues for the second quarter of 2005 were $1,775.5 million, up 18% compare... 
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07/28/05Baker Hughes Declares Regular Quarterly Dividend
HOUSTON, July 28 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) chairman and chief executive officer, Chad C. Deaton, announced today that the Baker Hughes Board declared the regular quarterly cash dividend of $.115 per share of common stock payable August 19, 2005, to holders of record August 8, 2005. Baker Hughes is a leading provider of drilling, formation evaluation, completion and production products and services to the worldwide oil and gas industry. ... 
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07/18/05Baker Hughes Announces Organizational Changes
HOUSTON, July 18 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Ray A. Ballantyne, President of INTEQ, has decided to retire after 30 years of service with the company. Martin S. Craighead, President of Baker Atlas, will succeed Mr. Ballantyne as President of INTEQ. David H. Barr, Group President, Drilling and Evaluation will assume the additional responsibilities for Baker Atlas until we conclude a search for Mr. Craighead's successor. The manageme... 
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07/11/05Baker Hughes Announces June 2005 Rig Counts
International Rig Count Up 1% From May 2005; Up 11% From One Year Ago; Worldwide Rig Count Up 4% From May 2005; Up 13% From One Year Ago HOUSTON, July 11, 2005 /PRNewswire-FirstCall via COMTEX/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for June 2005 was 932 up 13 from the 919 counted in May 2005, and up 91 from the 841 counted in June 2004. The international offshore rig count for June 2005 was 291, up 16 from the 275 counted in May 2005 and ... 
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06/16/05Baker Hughes Announces Conference Call
HOUSTON, June 16 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that it has scheduled a conference call on Friday, July 29, at 8:30 a.m. eastern, 7:30 a.m. central. During the conference call, the company intends to discuss results for the second quarter of 2005, ending June 30, 2005. The results are expected to be released on Friday, July 29, 2005, before the market opens. To access the call, which is open to the public, please call the conference... 
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06/06/05Baker Hughes Announces May 2005 Rig Counts
International Rig Count Up 2% From April 2005; Up 10% From One Year Ago; Worldwide Rig Count Up 3% From April 2005; Up 13% From One Year Ago HOUSTON, June 6 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for May 2005 was 919 up 21 from the 898 counted in April 2005, and up 80 from the 839 counted in May 2004. The international offshore rig count for May 2005 was 275, up 9 from the 266 counted in April 2005 and ... 
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05/23/05Baker Hughes to Present at the 2005 UBS Global Oil & Gas Conference
HOUSTON, May 23 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that James R. (Rod) Clark, Baker Hughes' president and chief operating officer, will present at the 2005 UBS Global Oil & Gas Conference in Austin, Texas on Wednesday, May 25, 2005 at 11:20 a.m., central time. If you would like to listen to Mr. Clark's presentation during the conference, please log on to the following website: http://www.bakerhughes.com/investor/resources/presentations.ht... 
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05/23/05Baker Hughes to Present at the 2005 RBC Capital Markets North American Energy Conference
HOUSTON, May 23 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that David H. Barr, Vice President and Group President, Baker Hughes Drilling and Evaluation, will present at the 2005 RBC Capital Markets North American Energy Conference in Boston, Massachusetts on Monday, June 6, 2005 at 4:40 to 5:05 p.m., eastern time. A copy of Mr. Barr's presentation will be available within 24 hours of the presentation at http://www.bakerhughes.com/investor/resources/pre... 
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05/06/05Baker Hughes Announces April 2005 Rig Counts
International Rig Count Up 1% From March 2005; Up 8% From One Year Ago; Worldwide Rig Count Down 8% From March 2005; Up 13% From One Year Ago HOUSTON, May 6 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for April 2005 was 898 up 7 from the 891 counted in March 2005, and up 66 from the 832 counted in April 2004. The international offshore rig count for April 2005 was 266, up 12 from the 254 counted in March 2005... 
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04/28/05Baker Hughes Declares Regular Quarterly Dividend
HOUSTON, April 28, 2005 /PRNewswire-FirstCall via COMTEX/ -- Baker Hughes Incorporated (NYSE: BHI) chairman and chief executive officer, Chad C. Deaton, announced today that the Baker Hughes Board declared the regular quarterly cash dividend of $.115 per share of common stock payable May 20, 2005, to holders of record May 9, 2005. Baker Hughes is a leading provider of drilling, formation evaluation, completion and production products and services to the worldwide oil and gas industry.... 
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04/27/05Baker Hughes Announces First Quarter Results
Click here for PDF version HOUSTON, April 27 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) today announced that net income for the first quarter of 2005 was $179.8 million or $0.53 per diluted share, compared to $94.6 million or $0.28 per diluted share for the first quarter of 2004 and $179.6 million or $0.53 per diluted share for the fourth quarter of 2004. Revenue for the first quarter of 2005 was $1,650.6 million, up 19% compared to $1,387.6 million for the ... 
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04/15/05Baker Hughes Updates First Quarter Outlook
HOUSTON, April 15 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) today updated its outlook for the first quarter of 2005, raising its expectations for income from continuing operations per diluted share for the first quarter of 2005 to between $0.52 and $0.53. The company is continuing to review its preliminary results for the first quarter of 2005 and its outlook for the balance of the year. The company expects to increase its guidance for the full year when it rel... 
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04/12/05Baker Hughes Announces Organizational Changes
HOUSTON, April 12 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Edwin C. "Ed" Howell, President of Baker Petrolite, has decided to retire after 30 years of service with the company. John A. "Andy" O'Donnell, President of Baker Hughes Drilling Fluids, will succeed Mr. Howell as President of Baker Petrolite. Richard L. Williams, Vice President of Eastern Hemisphere Operations for Baker Oil Tools, will succeed Mr. O'Donnell as President of Baker Hughes ... 
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04/07/05Baker Hughes Announces March 2005 Rig Counts
International Rig Count Up 2% From February 2005; Up 12% From One Year Ago Worldwide Rig Count Down 5% From February 2005; Up 9% From One Year Ago HOUSTON, April 7, 2005 /PRNewswire-FirstCall via COMTEX/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for March 2005 was 891, up 15 from the 876 counted in February 2005, and up 92 from the 799 counted in March 2004. The international offshore rig count for March 2005 was 254, up 1 from the 253 counte... 
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03/18/05Baker Hughes Announces Conference Call
HOUSTON, March 18 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that it has scheduled a conference call on Wednesday, April 27, 2005 at 8:30 a.m. eastern, 7:30 a.m. central. During the conference call, the company intends to discuss results for the first quarter of 2005, ending March 31, 2005. The results are expected to be released on Wednesday, April 27, 2005, before the market opens. To access the call, which is open to the public, please call t... 
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03/07/05Baker Hughes Announces February 2005 Rig Counts
International Rig Count Up 2% From January 2005; Up 11% From One Year Ago Worldwide Rig Count Up 3% From January 2005; Up 11% From One Year Ago HOUSTON, March 7 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for February 2005 was 876, up 16 from the 860 counted in January 2005, and up 86 from the 790 counted in February 2004. The international offshore rig count for February 2005 was 253, up 19 from the 234 counte... 
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02/28/05Baker Hughes Announces Organizational Changes
HOUSTON, Feb 28, 2005 /PRNewswire-FirstCall via COMTEX/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that David H. Barr has been appointed Group President, Drilling and Evaluation and Douglas J. Wall has been appointed Group President, Completions and Production. Both Mr. Barr and Mr. Wall will report directly to James R. "Rod" Clark, Baker Hughes' President and Chief Operating Officer. The promotions are effective February 28, 2005. The new Drilling and Evaluation Group ... 
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02/17/05Baker Hughes Announces Record Fourth Quarter Results
Click here for PDF version HOUSTON, Feb. 17 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that, in accordance with generally accepted accounting principles (GAAP), income from continuing operations for the fourth quarter 2004 was $179.8 million or $0.53 per diluted share, compared to $106.0 million or $0.32 per diluted share for the fourth quarter 2003 and $137.3 million or $0.41 per diluted share for the third quarter 2004. Income from continuing ... 
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02/07/05Baker Hughes Announces January 2005 Rig Counts
International Rig Count Down 1% From December 2004; Up 7% From One Year Ago; Worldwide Rig Count Up 4% From December 2004; Up 8% From One Year Ago HOUSTON, Feb 07, 2005 /PRNewswire-FirstCall via COMTEX/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for January 2005 was 860, down nine from the 869 counted in December 2004, and up 58 from the 802 counted in January 2004. The international offshore rig count for January 2005 was 234, down 14 from th... 
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01/27/05Baker Hughes Declares Regular Quarterly Dividend
HOUSTON, Jan. 27 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) chairman and chief executive officer, Chad C. Deaton, announced today that the Baker Hughes Board declared the regular quarterly cash dividend of $.115 per share of common stock payable February 18, 2005, to holders of record February 7, 2005. Baker Hughes is a leading provider of drilling, formation evaluation, completion and production products and services to the worldwide oil and gas industry. ... 
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01/27/05Baker Hughes to Present at Credit Suisse First Boston 2005 Energy Summit
HOUSTON, Jan. 27 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Chad C. Deaton, Baker Hughes' chairman and chief executive officer, will present at the CSFB 2005 Energy Summit in Vail, Colorado on Wednesday, February 2, 2005 at 7:00 a.m., mountain time. A copy of Mr. Deaton's presentation will be available within 24 hours of the presentation at http://www.bakerhughes.com/investor/resources/presentations.htm . If you would like to listen to Mr. ... 
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01/14/05BHI Files Application With the Ontario Securities Commission
HOUSTON, Jan. 14 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that it has applied to the Ontario Securities Commission to be deemed to have ceased to be a reporting issuer in Ontario, Canada. Baker Hughes, which has never been listed on any Canadian stock exchange, was required to make periodic regulatory filings with the Ontario Securities Commission because the former Hughes Tool Company was listed on the Toronto and Montreal Exchanges prior to the 198... 
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01/10/05Baker Hughes Announces December 2004 Rig Counts
International Rig Count Down 1% From November 2004; Up 8% From One Year Ago Worldwide Rig Count Down 1% From November 2004; Up 9% From One Year Ago HOUSTON, Jan. 10 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for December 2004 was 869, down seven from the 876 counted in November 2004, and up 66 from the 803 counted in December 2003. The international offshore rig count for December 2004 was 248, down 11 from t... 
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01/04/05Baker Hughes Announces Conference Call
HOUSTON, Jan. 4 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that it has scheduled a conference call on Thursday, February 17, 2005 at 8:30 a.m. eastern, 7:30 a.m. central. During the conference call, the company intends to discuss results for the fourth quarter of 2004, which ended December 31, 2004. The results are expected to be released on Thursday, February 17, 2005, before the market opens. To access the call, which is open to the public, pl... 
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12/07/04Baker Hughes Announces November 2004 Rig Counts
International Rig Count Up 4% From October 2004; Up 12% From One Year Ago; Worldwide Rig Count Up 5% From October 2004; Up 12% From One Year Ago HOUSTON, Dec. 7 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for November 2004 was 876, up 34 from the 842 counted in October 2004, and up 96 from the 780 counted in November 2003. The international offshore rig count for November 2004 was 259, up 25 from the 234 coun... 
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11/09/04Baker 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 and chief executive officer, will present at the Banc of America Securities 2004 Energy & Power Conference in Lake Las Vegas, Nevada on Tuesday, November 16, 2004 at 10:10 a.m., pacific time. A copy of Mr. Deaton's presentation will be available at http://www.bakerhughes.com/investor/resources/presentations.htm within 24 hours of the presentation. ... 
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11/05/04Baker Hughes Announces October 2004 Rig Counts
International Rig Count Down 3% From September 2004; Up 7% From One Year Ago; Worldwide Rig Count Up 3% From September 2004; Up 7% From One Year Ago HOUSTON, Nov 5, 2004 /PRNewswire-FirstCall via COMTEX/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for October 2004 was 842, down 24 from the 866 counted in September 2004, and up 52 from the 790 counted in October 2003. The international offshore rig count for October 2004 was 234, down one from t... 
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10/28/04Baker Hughes Announces Third Quarter Results
Click here for PDF version HOUSTON, Oct. 28 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that, in accordance with generally accepted accounting principles (GAAP), income from continuing operations for the third quarter of 2004 was $137.3 million or $0.41 per diluted share, compared to a loss from continuing operations of $59.9 million or $0.18 per diluted share for the third quarter of 2003 and income from continuing operations of $116.7 million o... 
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10/27/04Baker Hughes Declares Regular Quarterly Dividend
HOUSTON, Oct. 27 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; PCX; EBS) chairman and chief executive officer, Chad C. Deaton, announced today that the Baker Hughes Board declared the regular quarterly cash dividend of $.115 per share of common stock payable November 19, 2004, to holders of record November 8, 2004. Baker Hughes is a leading provider of drilling, formation evaluation, completion and production products and services to the worldwide oil and gas indus... 
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10/07/04Baker Hughes Announces September 2004 Rig Counts
International Rig Count Up 1% From August 2004; Up 9% From One Year Ago; Worldwide Rig Count Down 3% From August 2004; Up 7% From One Year Ago HOUSTON, Oct. 7 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for September 2004 was 866, up 10 from the 856 counted in August 2004, and up 74 from the 792 counted in September 2003. The international offshore rig count for September 2004 was 235, down nine from the 244 ... 
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10/04/04Baker Hughes Names Chad Deaton New CEO
HOUSTON, Oct. 4 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Chad C. Deaton, 51, will become its chairman of the board and chief executive officer on October 25, 2004. The appointment concludes the company's search for a new chief executive, which began in April of this year after the current CEO, Mike Wiley, announced his intention to retire. Mr. Wiley will retire as CEO and a member of the board effective October 25, 2004. Mr. Deaton has b... 
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09/28/04Baker Hughes Announces Conference Call
HOUSTON, Sept. 28 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that it has scheduled a conference call on Thursday, October 28, 2004 at 8:30 a.m. eastern, 7:30 a.m. central. During the conference call, the company intends to discuss results for the third quarter of 2004, ending September 30, 2004. The results are expected to be released on Thursday, October 28, 2004, before the market opens. To access the call, which is open to the public, please ... 
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09/14/04Baker Hughes Sells Baker Hughes Mining Tools
HOUSTON, Sept. 14 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that it has completed the sale of Baker Hughes Mining Tools, "BHMT", part of the Hughes Christensen division, to Atlas Copco North America, Inc. As announced on July 28, 2004 the company has classified BHMT as a discontinued operation. BHMT is a leading manufacturer of rotary drill bits used in the worldwide mining industry with 2003 revenues of approximately $40 million. Baker H... 
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09/08/04Baker Hughes Announces August 2004 Rig Counts
International Rig Count Up 5% From July 2004; Up 10% From One Year Ago; Worldwide Rig Count Up 3% From July 2004; Up 7% From One Year Ago HOUSTON, Sept. 8 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for August 2004 was 856, up 39 from the 817 counted in July 2004, and up 77 from the 779 counted in August 2003. The international offshore rig count for August 2004 was 244, up 23 from the 221 counted in July 2... 
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09/07/04Baker Hughes to Present at Lehman Brothers CEO Energy/Power Conference
HOUSTON, Sep 7, 2004 /PRNewswire-FirstCall via COMTEX/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that James R. (Rod) Clark, Baker Hughes' president and chief operating officer, will present at the Lehman Brothers CEO Energy/Power Conference in New York City, New York on Thursday, September 9, 2004 at 9:00 a.m., eastern daylight time. A copy of Mr. Clark's presentation will be available at http://www.bakerhughes.com/investor/resources/presentations.htm within 24 hours of th... 
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09/03/04Baker Hughes Announces Odd-Lot Program
HOUSTON, Sept. 3 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) announced the commencement of a voluntary sale program (also known as an odd-lot program) for stockholders owning fewer than 100 shares of Baker Hughes common stock. The shares will be sold on the open market by the program's administrator, Mellon Investor Services LLC. Information about the odd-lot program, including how to participate, calculation of the sales price, and processing fees, is expected t... 
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08/06/04Baker Hughes Announces July 2004 Rig Counts
International Rig Count Down 3% From June 2004; Up 5% From One Year Ago Worldwide Rig Count Up 4% From June 2004; Up 6% From One Year Ago HOUSTON, Aug 6, 2004 /PRNewswire-FirstCall via COMTEX/ -- Baker Hughes Incorporated (NYSE: BHI; PCX; EBS) announced today that the international rig count for July 2004 was 817, down 24 from the 841 counted in June 2004, and up 42 from the 775 counted in July 2003. The international offshore rig count for July 2004 was 218, down 25 from the 243 counted i... 
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07/29/04Baker Hughes Announces Second Quarter Results
HOUSTON, Jul 29, 2004 /PRNewswire-FirstCall via COMTEX/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that, in accordance with generally accepted accounting principles (GAAP), income from continuing operations for the second quarter of 2004 was $116.3 million or $0.35 per share (diluted), up 41% compared to $82.4 million or $0.24 per share (diluted) for the second quarter of 2003, and up 23% compared to $94.4 million or $0.28 per share (diluted) for the first quarter of 2004. ... 
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07/28/04Baker Hughes Declares Regular Quarterly Dividend
HOUSTON, July 28 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; PCX; EBS) chairman and chief executive officer, Michael E. Wiley, announced today that the Baker Hughes Board declared the regular quarterly cash dividend of $.115 per share of common stock payable August 20, 2004, to holders of record August 9, 2004. Baker Hughes is a leading provider of drilling, formation evaluation, completion and production products and services to the worldwide oil and gas industr... 
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07/28/04BHI to Sell Baker Hughes Mining Tools
HOUSTON, July 28 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that it has signed a definitive agreement with Atlas Copco North America, Inc. to sell Baker Hughes Mining Tools, "BHMT", part of the Hughes Christensen division, to Atlas Copco. BHMT is a leading manufacturer of rotary drill bits used in the worldwide mining industry with 2003 revenues of approximately $40 million. The closing of the transaction is subject to certain closing conditions and i... 
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07/12/04BHI Forms Baker Hughes Drilling Fluids Division
HOUSTON, July 12 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that it is creating a new division -- Baker Hughes Drilling Fluids. The new division will be responsible for the oilfield drilling fluids, completion fluids and fluids environmental services businesses. These businesses were formerly part of the INTEQ division. The president of this division will be John A. (Andy) O'Donnell. Mr. O'Donnell will report directly to Baker Hughes' president and ... 
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07/08/04Baker Hughes Announces June 2004 Rig Counts
International Rig Count Unchanged From May 2004; Up 9% From One Year Ago Worldwide Rig Count Up 4% From May 2004; Up 6% From One Year Ago HOUSTON, Jul 8, 2004 /PRNewswire-FirstCall via COMTEX/ -- Baker Hughes Incorporated (NYSE: BHI) (PCX: BHI) (EBS: BHI) announced today that the international rig count for June 2004 was 841, up two from the 839 counted in May 2004, and up 72 from the 769 counted in June 2003. The international offshore rig count for June 2004 was 243, down six from the 24... 
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06/25/04Baker Hughes Announces Conference Call
HOUSTON, June 25 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that it has scheduled a conference call on Thursday, July 29, 2004 at 8:30 a.m. eastern, 7:30 a.m. central. During the conference call, the company intends to discuss results for the second quarter of 2004, ending June 30, 2004. The results are expected to be released on Thursday, July 29, 2004, before the market opens. To access the call, which is open to the public, please call the c... 
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06/07/04Baker Hughes Announces May 2004 Rig Counts
International Rig Count Up 1% From April 2004; Up 11% From One Year Ago Worldwide Rig Count Up 3% From April 2004; Up 13% From One Year Ago HOUSTON, June 7 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; PCX; EBS) announced today that the international rig count for May 2004 was 839, up seven from the 832 counted in April 2004, and up 84 from the 755 counted in May 2003. The international offshore rig count for May 2004 was 249, down 11 from the 260 cou... 
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05/07/04Baker Hughes Announces April 2004 Rig Counts
International Rig Count Up 4% From March 2004; Up 8% From One Year Ago; Worldwide Rig Count Down 11% From March 2004; Up 12% From One Year Ago HOUSTON, May 7 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; PCX; EBS) announced today that the international rig count for April 2004 was 832, up 33 from the 799 counted in March 2004, and up 62 from the 770 counted in April 2003. The international offshore rig count for April 2004 was 260, up 24 from the 236 counted ... 
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04/28/04Baker Hughes Announces Results of Annual Stockholders Meeting and Succession Plans
HOUSTON, April 28 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) held its annual stockholders meeting this morning in Houston, Texas. At the meeting, stockholders reelected Edward P. Djerejian, H. John Riley and Charles L. Watson to the Board of Directors each for a term of three-years expiring in 2007. At the annual meeting, the stockholders also ratified the appointment of Deloitte & Touche LLP as the company's independent auditor for fiscal year 2004. Based on prelim... 
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04/28/04Baker Hughes Declares Regular Quarterly Dividend
HOUSTON, April 28 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; PCX; EBS) chairman and chief executive officer, Michael E. Wiley, announced today that the Baker Hughes Board declared the regular quarterly cash dividend of $.115 per share of common stock payable May 21, 2004, to holders of record May 10, 2004. Baker Hughes is a leading provider of drilling, formation evaluation, completion and production products and services to the worldwide oil and gas industry. ... 
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04/27/04Baker Hughes Announces First Quarter Results
Click here for PDF version HOUSTON, April 27 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; PCX; EBS) announced today that, in accordance with generally accepted accounting principles (GAAP), income from continuing operations for the first quarter of 2004 was $95.3 million or $0.29 per share (diluted), up 90% compared to $50.1 million or $0.15 per share (diluted) for the first quarter of 2003, and down 11% compared to $106.6 million or $0.32 per share (diluted)... 
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04/07/04Baker Hughes Announces March 2004 Rig Counts
International Rig Count Up 1% From February 2004; Up 7% From One Year Ago Worldwide Rig Count Down 3% From February 2004; Up 12% From One Year Ago HOUSTON, April 7 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; PCX; EBS) announced today that the international rig count for March 2004 was 799, up nine from the 790 counted in February 2004, and up 52 from the 747 counted in March 2003. The international offshore rig count for March 2004 was 236, unchanged f... 
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03/17/04Baker Hughes Announces Conference Call
HOUSTON, March 17 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; PCX; EBS) announced today that it has scheduled a conference call on Tuesday, April 27, 2004 at 8:30 a.m. eastern, 7:30 a.m. central. During the conference call, the company intends to discuss results for the first quarter of 2004, ending March 31, 2004. The results are expected to be released on Tuesday, April 27, 2004, before the market opens. To access the call, which is open to the public, please ... 
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03/05/04Baker Hughes Announces Changes to Board of Directors
HOUSTON, March 5 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; PCX; EBS) announced today that Larry D. Brady, chairman and chief executive officer of UNOVA, Inc., has been appointed as a Class II director to fill the position being vacated by the retirement of Richard D. Kinder, chairman and chief executive officer of Kinder Morgan, Inc. and Kinder Morgan Energy Partners L.P. Mr. Kinder announced his intent to retire after 10 years of service on the Board. His retiremen... 
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03/05/04Baker Hughes Announces February 2004 Rig Counts
International Rig Count Down 1% From January 2004; Up 5% From One Year Ago; Worldwide Rig Count Up 1% From January 2004; Up 12% From One Year Ago HOUSTON, March 5 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; PCX; EBS) announced today that the international rig count for February 2004 was 790, down 12 from the 802 counted in January 2004, and up 38 from the 752 counted in February 2003. The international offshore rig count for February 2004 was 236, up two fr... 
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03/01/04Baker Hughes Sells Interest in Petreco
HOUSTON, March 1 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; PCX; EBS) announced today that it has completed the sale of its minority interest in Petreco International to Cooper Cameron Corporation (NYSE: CAM). The sales price was approximately $36 million. The company does not believe the transaction is material to Baker Hughes' financial condition or results of operations. Forward Looking Statement This news release (and oral statements made regarding t... 
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02/12/04Baker Hughes Announces Fourth Quarter and Year End Results
Click here for PDF version HOUSTON, Feb. 12 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; PCX; EBS) announced today that in accordance with generally accepted accounting principles (GAAP), income from continuing operations for the fourth quarter 2003 was $106.6 million or $0.32 per diluted share compared to a breakeven fourth quarter in 2002 and a loss of ($59.5) million or ($0.18) per diluted share in the third quarter 2003. Income from continuing operations fo... 
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02/10/04Baker Hughes Announces Rig Count Correction
HOUSTON, Feb. 10 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; PCX; EBS) announced today that in the international rig count for January 2004, released February 6th, seven rigs reported as land rigs in Mexico where actually operating offshore. The total number of rigs operating in Mexico and internationally were reported accurately. January 2004 Rotary Rig Counts January 2004 December 2003 January 2003 ... 
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02/06/04Baker Hughes Announces January 2004 Rig Counts
International Rig Count Down One Rig From December 2003; Up 9% From One Year Ago Worldwide Rig Count Up 5% From December 2003; Up 19% From One Year Ago HOUSTON, Feb 6, 2004 /PRNewswire-FirstCall via COMTEX/ -- Baker Hughes Incorporated (NYSE: BHI; PCX; EBS) announced today that the international rig count for January 2004 was 802, down one from the 803 counted in December 2003, and up 68 from the 734 counted in January 2003. The international offshore rig count for January 2004 was 227, do... 
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02/04/04Baker Hughes Appoints James R. Clark President and Chief Operating Officer
HOUSTON, Feb. 4 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; PCX; EBS) announced today James R. "Rod" Clark was appointed president and chief operating officer for Baker Hughes effective today, February 4, 2004. All the division presidents will report directly to Mr. Clark. Michael E. Wiley, Baker Hughes' chairman and chief executive officer, said, "The Board and I are very pleased that Rod will be assuming this key leadership post. Rod is a person who embodies ... 
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01/28/04Baker Hughes Declares Regular Quarterly Dividend
HOUSTON, Jan. 28 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI, PCX, EBS) chairman, president and chief executive officer, Michael E. Wiley, announced today that the Baker Hughes Board declared the regular quarterly cash dividend of $.115 per share of common stock payable February 20, 2004, to holders of record February 9, 2004. Baker Hughes is a leading provider of drilling, formation evaluation, completion and production products and services to the worldwide oil a... 
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01/28/04Baker Hughes Interest in Petreco International
HOUSTON, Jan. 28 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI, PCX, EBS) acknowledged today the announcement by Cooper Cameron Corporation regarding a letter of intent to acquire Petreco International. Baker Hughes has a minority interest in Petreco. The company does not believe the transaction, if closed, will be material to Baker Hughes' financial condition or results of operations. Forward-Looking Statements This news release (and oral statements made reg... 
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01/12/04Baker Hughes Sells Bird Machine
HOUSTON, Jan. 12 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI, PCX, EBS) announced today that it has completed the sale to Andritz of Bird Machine ("Bird"), which was the remaining operating division of its Process segment. The sale excludes certain accounts receivable, inventories and other assets that are being retained by the company. In October 2003, the company signed a definitive agreement for the sale of BIRD and recorded charges totaling $35.5 million, net ... 
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01/09/04Baker Hughes Announces December 2003 Rig Counts
International Rig Count Up 3% From November 2003; Up 7% From One Year Ago; Worldwide Rig Count Up 1% From November 2003; Up 19% From One Year Ago HOUSTON, Jan. 9 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI, PCX, EBS) announced today that the international rig count for December 2003 was 803, up 23 from the 780 counted in November 2003, and up 50 from the 753 counted in December 2002. The international offshore rig count for December 2003 was 247, up 17 from ... 
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01/06/04Baker Hughes Announces Conference Call
HOUSTON, Jan. 6 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI, PCX, EBS) announced today that it has scheduled a conference call on Thursday, February 12, 2004 at 8:30 a.m. eastern, 7:30 a.m. central. During the conference call, the company intends to discuss results for the fourth quarter of 2003, ending December 31, 2003. The results are expected to be released on Thursday, February 12, 2004, before the market opens. To access the call, which is open to the public... 
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12/05/03Baker Hughes Announces November 2003 Rig Counts
International Rig Count Down 1% From October 2003; Up 3% From One Year Ago; Worldwide Rig Count Up 1% From October 2003; Up 23% From One Year Ago HOUSTON, Dec. 5 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; PCX; EBS) announced today that the international rig count for November 2003 was 780, down 10 from the 790 counted in October 2003, and up 20 from the 760 counted in November 2002. The international offshore rig count for November 2003 was 230, down two f... 
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11/07/03Baker Hughes Announces October 2003 Rig Counts
International Rig Count Down 0% From September 2003; Up 6% From One Year Ago; Worldwide Rig Count Up 2% From September 2003; Up 26% From One Year Ago HOUSTON, Nov. 7 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; PCX; EBS) announced today that the international rig count for October 2003 was 790 down two from the 792 counted in September 2003, and up 44 from the 746 counted in October 2002. The international offshore rig count for October 2003 was 232, up three... 
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10/29/03Baker Hughes Announces Retirement of Chief Operating Officer
HOUSTON, Oct. 29 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; PCX; EBS) announced today that Andrew J. Szescila, 56, Baker Hughes' senior vice president and chief operating officer, has elected to retire effective December 31, 2003, following 33 years of service. "Andy has made many significant contributions to the success of Baker Hughes during his distinguished career," said Michael E. Wiley, chairman, president and chief executive officer. "His broad experience... 
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10/23/03Baker Hughes Announces Third Quarter Results
Click here for PDF version HOUSTON, Oct. 23 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; PCX; EBS) announced today that in accordance with generally accepted accounting principles (GAAP) the loss from continuing operations for the third quarter of 2003 was $59.5 million or $0.18 per share (diluted) compared to income from continuing operations of $88.8 million or $0.26 per share (diluted) for the third quarter of 2002 and $82.9 million or $0.25 per share (dil... 
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10/22/03Baker Hughes Declares Regular Quarterly Dividend
HOUSTON, Oct. 22 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; PCX; EBS) chairman, president and chief executive officer, Michael E. Wiley, announced today that the Baker Hughes Board declared the regular quarterly cash dividend of $.115 per share of common stock payable November 21, 2003, to holders of record November 3, 2003. Baker Hughes is a leading provider of drilling, formation evaluation, completion and production products and services to the worldwide oil a... 
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10/17/03Baker Hughes Signs Definitive Agreement to Sell Bird Machine
HOUSTON, Oct. 17 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; PCX; EBS) announced today that it has entered into a definitive agreement with Andritz for the sale of Bird Machine ("Bird"), the remaining operating division of its Process segment. The sale excludes certain accounts receivable, inventories and other assets that will be retained by the company. The sale is subject to various closing conditions, but is expected to close no later than January 2004. As ann... 
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10/07/03Baker Hughes Announces September 2003 Rig Counts
International Rig Count Up 2% From August 2003; Up 9% From One Year Ago Worldwide Rig Count Down 2% From August 2003; Up 22% From One Year Ago HOUSTON, Oct 7, 2003 /PRNewswire-FirstCall via COMTEX/ -- Baker Hughes Incorporated (NYSE: BHI; PCX; EBS) announced today that the international rig count for September 2003 was 792 up 13 from the 779 counted in August 2003, and up 65 from the 727 counted in September 2002. The international offshore rig count for September 2003 was 229, up 13 from ... 
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09/22/03Baker Hughes Announces Charges and Revised Outlook
HOUSTON, Sept. 22 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; PCX: EBS) announced today it will record charges to income totaling approximately $106 million after tax in the third quarter of 2003 relating to its 30% minority interest in the WesternGeco seismic venture charges announced today by Schlumberger Ltd. The company also announced that it is classifying its Bird Machine division (Bird) as a discontinued operation and expects to record pre-tax charges of approxim... 
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09/12/03Baker Hughes Announces Conference Call
HOUSTON, Sep 12, 2003 /PRNewswire-FirstCall via COMTEX/ -- Baker Hughes Incorporated (NYSE: BHI; PCX; EBS) announced today that it has scheduled a conference call on Thursday, October 23, 2003 at 8:30 a.m. eastern, 7:30 a.m. central. During the conference call, the company intends to discuss results for the third quarter of 2003, ending September 30, 2003. The results are expected to be released on Thursday, October 23, 2003, before the market opens. To access the call, which is open... 
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09/08/03Baker Hughes Announces August 2003 Rig Counts
International Rig Count Up 1% From July 2003; Up 8% From One Year Ago; Worldwide Rig Count Up 1% From July 2003; Up 26% From One Year Ago HOUSTON, Sept. 8 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; PCX; EBS) announced today that the international rig count for August 2003 was 779, up four from the 775 counted in July 2003, and up 57 from the 722 counted in August 2002. The international offshore rig count for August 2003 was 216, down 15 from the 231 cou... 
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08/07/03Baker Hughes Announces July 2003 Rig Counts
International Rig Count Up 1% From June 2003; Up 10% From One Year Ago; Worldwide Rig Count Up 5% From June 2003; Up 24% From One Year Ago HOUSTON, Aug 7, 2003 /PRNewswire-FirstCall via COMTEX/ -- Baker Hughes Incorporated (NYSE: BHI; PCX; EBS) announced today that the international rig count for July 2003 was 775, up six from the 769 counted in June 2003, and up 70 from the 705 counted in July 2002. The international offshore rig count for July 2003 was 231, down three from the 234 counte... 
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07/29/03Baker Hughes Announces Management Changes
HOUSTON, Jul 29, 2003 /PRNewswire-FirstCall via COMTEX/ -- Baker Hughes Incorporated (NYSE: BHI; PCX; EBS) announced today four management changes that will be effective August 25, 2003. James R. Clark will be joining the corporate office as vice president, marketing and technology and will report directly to Mike Wiley. In his new position Mr. Clark will be accountable for the continued development of the enterprise marketing and technology strategy including project management, e-b... 
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07/24/03Baker Hughes Announces Second Quarter Results
Click here for PDF version HOUSTON, July 24 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI ; PCX; EBS) announced today that income from continuing operations in accordance with generally accepted accounting principles (GAAP) for the second quarter of 2003 was $81.6 million or $0.24 per share (diluted) compared to $68.6 million or $0.20 per share (diluted) for the second quarter of 2002 and $47.4 million or $0.14 per share (diluted) for the first quarter of 200... 
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07/23/03Baker Hughes Declares Regular Quarterly Dividend
HOUSTON, July 23 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; PCX; EBS) chairman, president and chief executive officer, Michael E. Wiley, announced today that the Baker Hughes Board declared the regular quarterly cash dividend of $.115 per share of common stock payable August 22, 2003, to holders of record August 4, 2003. Baker Hughes is a leading provider of drilling, formation evaluation, completion and production products and services to the worldwide oil and g... 
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07/08/03Baker Hughes Announces June 2003 Rig Counts
International Rig Count Up 2% From May 2003; Up 5% From One Year Ago; Worldwide Rig Count Up 11% From May 2003; Up 21% From One Year Ago HOUSTON, July 8 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; PCX; EBS) announced today that the international rig count for June 2003 was 769, up 14 from the 755 counted in May 2003, and up 39 from the 730 counted in June 2002. The international offshore rig count for June 2003 was 234, down one from the 235 counted in May 2... 
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07/07/03Baker Hughes Enters Into $500 Million Revolving Credit Facility
HOUSTON, July 7 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; PCX; EBS) announced today that it has entered into a $500 million three-year revolving credit facility arranged by Bank of America and a syndicate of 12 other financial institutions. The facility will be used for commercial paper backup and general corporate purposes. The facility has an effective date of July 7, 2003 and will mature on July 7, 2006. The facility replaces an aggregate of $594 million in... 
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06/10/03Baker Hughes Announces Conference Call
HOUSTON, June 10 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; PCX; EBS) announced today that it has scheduled a conference call on Thursday, July 24, 2003 at 8:30 a.m. eastern, 7:30 a.m. central. During the conference call, the company intends to discuss results for the second quarter of 2003, ending June 30, 2003. The results are expected to be released on Thursday, July 24, 2003, before the market opens. To access the call, which is open to the public, please c... 
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06/06/03Baker Hughes Announces May 2003 Rig Counts
International Rig Count Down 2% From April 2003; Up 5% From One Year Ago; Worldwide Rig Count Up 2% From April 2003; Up 17% From One Year Ago HOUSTON, June 6 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; PCX; EBS) announced today that the international rig count for May 2003 was 755, down 15 from the 770 counted in April 2003, and up 37 from the 718 counted in May 2002. The international offshore rig count for May 2003 was 235, up 11 from the 224 counted in Apr... 
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05/27/03Baker Hughes Acquires Cornerstone Pipeline Inspection Group; Adds In-line Inspection Service to Pipeline Management Group
HOUSTON, May 27 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; PCX; EBS) announced today that it has acquired Cornerstone Pipeline Inspection Group (CPIG), which will operate as part of the Baker Hughes Pipeline Management Group (PMG), a unit of Baker Petrolite. CPIG provides in-line inspection (ILI) services to assess the integrity of pipelines. Its "smart pig" inspection solutions include high-resolution magnetic flux leakage instruments. CPIG systems can travers... 
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05/07/03Baker Hughes Announces April 2003 Rig Counts
International Rig Count Up 3% From March 2003; Up 6% From One Year Ago; Worldwide Rig Count Down 11% From March 2003; Up 19% From One Year Ago HOUSTON, May 7 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; PCX; EBS) announced today that the international rig count for April 2003 was 770, up 23 from the 747 counted in March 2003, and up 44 from the 726 counted in April 2002. The international offshore rig count for April 2003 was 224, up 16 from the 208 counted in ... 
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04/23/03Baker Hughes Declares Regular Quarterly Dividend
HOUSTON, Apr 23, 2003 /PRNewswire-FirstCall via COMTEX/ -- Baker Hughes Incorporated (NYSE: BHI; PCX; EBS) chairman, president and chief executive officer, Michael E. Wiley, announced today that the Baker Hughes Board declared the regular quarterly cash dividend of $.115 per share of common stock payable May 23, 2003, to holders of record May 5, 2003. Baker Hughes is a leading provider of drilling, formation evaluation, completion and production products and services to the worldwide o... 
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04/22/03First Quarter 2003
Click here for PDF version HOUSTON, Apr 22, 2003 /PRNewswire-FirstCall via COMTEX/ -- Baker Hughes Incorporated (NYSE: BHI; PCX; EBS) announced today that income from continuing operations in accordance with generally accepted accounting principles (GAAP) for the first quarter of 2003 was $47.4 million or $0.14 per share (diluted) compared to $70.6 million or $0.21 per share (diluted) for the first quarter of 2002 and a loss from continuing operations of ($2.3) million or ($0.01) pe... 
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04/11/03Baker Hughes Updates First Quarter Outlook
HOUSTON, Apr 11, 2003 /PRNewswire-FirstCall via COMTEX/ -- Baker Hughes Incorporated (NYSE: BHI; PCX; EBS) today updated its outlook for the three months ended March 31, 2003. A number of factors have contributed to the revised outlook, including a slower than anticipated resumption of activity in Venezuela, interruptions in activity in Nigeria due to civil unrest, war related delays in the Middle East, ongoing weakness in activity in the US Gulf of Mexico and the North Sea, and increment... 
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04/07/03Baker Hughes Announces March 2003 Rig Counts
International Rig Count Down 1% From February 2003; Up 2% From One Year Ago; Worldwide Rig Count Down 3% From February 2003; Up 18% From One Year Ago HOUSTON, April 7 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; PCX; EBS) announced today that the international rig count for March 2003 was 747, down five from the 752 counted in February 2003, and up 13 from the 734 counted in March 2002. The international offshore rig count for March 2003 was 208, down 10 from th... 
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03/31/03BHI and Expro Form QuantX Wellbore Instrumentation Venture
HOUSTON, Mar 31, 2003 /PRNewswire-FirstCall via COMTEX/ -- Baker Hughes Incorporated (NYSE: BHI, PCX; EBS) announced today that it is forming a venture with Expro International Group PLC to be named QuantX Wellbore Instrumentation, which will serve the rapidly growing permanent in-well monitoring market. QuantX, which will be owned equally by Baker Hughes and Expro, will be formed by combining Expro's existing permanent monitoring business with Baker Hughes' In-Form product line and Ex... 
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03/10/03Baker Hughes Announces Conference Call
HOUSTON, Mar 10, 2003 /PRNewswire via COMTEX/ -- Baker Hughes Incorporated (NYSE: BHI, PCX; EBS) announced today that it has scheduled a conference call on Tuesday, April 22, 2003 at 8:30 a.m. eastern, 7:30 a.m. central. During the conference call, the company intends to discuss results for the first quarter of 2003, ending March 31, 2003. The results are expected to be released on Tuesday, April 22, 2003, before the market opens. To access the call, which is open to the public, please ... 
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03/07/03Baker Hughes Announces February 2003 Rig Counts
HOUSTON, Mar 7, 2003 /PRNewswire-FirstCall via COMTEX/ -- International Rig Count Up 2% From January 2003; Up 5% From One Year Ago; Worldwide Rig Count Up 7% From January 2003; Up 12% From One Year Ago Baker Hughes Incorporated (NYSE: BHI; PCX; EBS) announced today that the international rig count for February 2003 was 752, up 18 from the 734 counted in January 2003, and up 36 from the 716 counted in February 2002. The international offshore rig count for February 2003 was 218, up five ... 
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02/13/03Baker Hughes Announces Year End Results
HOUSTON, Feb 13, 2003 /PRNewswire-FirstCall via COMTEX/ -- Baker Hughes Incorporated (NYSE: BHI; PCX; EBS) announced today that income from continuing operations in accordance with generally accepted accounting principles (GAAP) for the year 2002 was $223.7 million or $0.66 per share (diluted) compared to $418.1 million or $1.24 per share (diluted) for the year 2001. The loss from continuing operations for the fourth quarter of 2002 was ($2.3) million or ($0.01) per share (diluted) compare... 
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02/13/03Fourth Quarter 2002
Click here for PDF version HOUSTON, Feb 13, 2003 /PRNewswire-FirstCall via COMTEX/ -- Baker Hughes Incorporated (NYSE: BHI; PCX; EBS) announced today that income from continuing operations in accordance with generally accepted accounting principles (GAAP) for the year 2002 was $223.7 million or $0.66 per share (diluted) compared to $418.1 million or $1.24 per share (diluted) for the year 2001. The loss from continuing operations for the fourth quarter of 2002 was ($2.3) million or (... 
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02/07/03Baker Hughes Announces January 2003 Rig Counts
International Rig Count Down 3% From December 2002; Down 1% From One Year Ago; Worldwide Rig Count Up 6% From December 2002; Up 2% From One Year Ago HOUSTON, Feb. 7 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; PCX; EBS) announced today that the international rig count for January 2003 was 734, down 19 from the 753 counted in December 2002, and down 10 from the 744 counted in January 2002. The international offshore rig count for January 2... 
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01/29/03Baker Hughes Declares Regular Quarterly Dividend
HOUSTON, Jan. 29 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; PCX; EBS) chairman, president and chief executive officer, Michael E. Wiley, announced today that the Baker Hughes Board declared the regular quarterly cash dividend of $.115 per share of common stock payable February 21, 2003, to holders of record February 10, 2003. Baker Hughes is a leading provider of drilling, formation evaluation, completion and production products and services to th... 
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01/08/03