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    Baker Hughes

    Baker Hughes, Inc. history, company profile (overview) and corporate video

    ¬†Baker Hughes, Inc. is a supplier of oilfield services, products, technology and systems to the worldwide oil and natural gas industry. It also provides industrial and other products and services to the downstream refining, and process and pipeline industries. The company’s oilfield products and services are categorized under two heads: Drilling and Evaluation or Completion and Production. The Drilling¬†and Evaluation consists of various product lines, including drill bits, drilling services, wireline services and drilling fluids. The Completion and Production consists of various product lines, including completion systems, wellbore intervention, intelligent production systems, artificial lift, upstream chemicals and pressure pumping. Baker Hughes operates through five reportable segments: North America, Latin America, Europe, Africa and Russia Caspian, Middle East and Asia Pacific and Industrial Services and Other. Its other businesses also include downstream refining, and process and pipeline services. The company was founded in April 1987 and is headquartered in Houston, TX.

    Baker Hughes History

    Ground-breaking inventions that revolutionized the petroleum industry

    For more than a century, innovation has been part of our DNA. Baker Hughes was formed in 1987 with the merger of Baker International and Hughes Tool Company Рboth founded over 100 years ago when R.C. Baker and Howard Hughes conceived ground-breaking inventions that revolutionized the fledging petroleum era. Since those earliest advancements, we’ve never stopped searching for solutions to conquer the next frontier.

    In 1907, Reuben C. Baker developed a casing shoe that modernized cable tool drilling. In 1909, Howard R. Hughes, Sr. introduced the first roller cutter bit that dramatically improved the rotary drilling process. Over the ensuing eight decades, Baker International and Hughes Tool Company continued to lead the industry with innovative products in well completions, drilling tools and related services.

    During its history, Baker Hughes has acquired and integrated numerous oilfield pioneers including: Brown Oil Tools, CTC, EDECO, and Elder Oil Tools (completions); Milchem and Newpark (drilling fluids); EXLOG (mud logging); Eastman Christensen and Drilex (directional drilling and diamond drill bits); Teleco (measurement while drilling); Tri-State and Wilson (fishing tools and services); Centrilift (artificial lift); Aquaness, Chemlink and Petrolite (specialty chemicals); Western Atlas (seismic exploration, well logging).

    Today, we are organized in nine regions and 23 geomarkets where local teams work to understand customer needs and coordinate delivery of reliable, practical solutions that include the right Baker Hughes technologies for every project. The Baker Hughes regions are: U.S. Land, Gulf of Mexico, Canada, Latin America, Europe, Africa, Russia Caspian, Middle East and Asia Pacific.”

    *Information from Forbes.com and Bakerhughes.com

    **Video published on YouTube by “Baker Hughes

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