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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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