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Baker Hughes Company Research Report



Company Overview


Name


Baker Hughes

Mission of the Company


"We take energy forward - making it safer, cleaner, and more efficient for people and the planet."

Founded


No information is available.

Founders


No information is available.

Key People


  • Brian Groody, VP OFSE Completions, Interventions & Measurements


Headquarters


No information is available.

Number of Employees


No information is available.

Revenue


No information is available.

Known For


Baker Hughes is an energy technology company recognized for providing best-in-class technology to efficiently intervene in the well industry and bring comprehensive solutions for energy and industrial companies.

Products



Coiled Tubing Systems and Services


  • Description: Comprehensive services and technologies devoted to coiled tubing applications.

  • Key Features: Includes diverse well interventions and applications.


E-line Deployed Tractor Conveyance


  • Description: Efficient conveyance solution for downhole tools.

  • Key Features: High precision and reliability for complex well interventions.


Fishing Services


  • Description: Specialized operations to retrieve lost downhole equipment.

  • Key Features: Expertise in a wide range of fishing scenarios.


Plug and Abandonment Services


  • Description: Decommissioning of non-productive wells.

  • Key Features: Safe and environmentally responsible practices.


Powered Mechanical Applications


  • Description: Mechanized tools for various well interventions.

  • Key Features: High-performance tools with innovative capabilities.


PRIME Technology Platform


  • Description: A transformative technology for e-line well intervention.

  • Key Features: Enhances operational efficiency and effectiveness in well interventions.


Remedial Completions


  • Description: Solutions to optimize well productivity and integrity.

  • Key Features: Specialized technologies to augment recovery rates.


Smart Intervention


  • Description: Intelligent technologies designed for efficient well interventions.

  • Key Features: Enables smarter and more predictable operations.


Thru-tubing Intervention


  • Description: Solutions for conducting interventions through existing tubing.

  • Key Features: Minimal disruption and optimized well integrity maintenance.


Tubular Services


  • Description: Comprehensive support for tubular operations.

  • Key Features: Includes installation, evaluation, and maintenance services.


Wireline Cased-hole Logging


  • Description: Advanced logging and evaluation technologies for cased holes.

  • Key Features: Delivers accurate subsurface data and insights.


Wireline Well Integrity Evaluation


  • Description: Evaluation services for ensuring well integrity.

  • Key Features: In-depth diagnostics and monitoring capabilities.


Workover Systems


  • Description: Systems designed for well maintenance and repair operations.

  • Key Features: Range of solutions to extend well life and productivity.


xSight Analytics


  • Description: Data analytics platform for well operations.

  • Key Features: Real-time insights and performance optimization.


Recent Developments



New Products and Services


  • PRIME Technology Platform: Redefining e-line well intervention.

  • AquaCUT: Technology aimed at reducing water cut and increasing oil production.

  • TeleCoil: Provides instant downhole feedback for controlled interventions.

  • Certia: Efficiently pinpoints free pipe location with reduced risks.


Performance Achievements


  • Norway: PRIME achieved a record-breaking e-line deployed debris cleanout.

  • 100L collected per run, 1400L total debris removed, 98% effective "on task" time, 280m of wellbore cleared.


  • North Africa: AquaCUT reduced water cut by 18% and increased oil production by 110% through a rigless operation.


  • Gulf of Mexico: TeleCoil halved intervention time, reduced costs by 65%, and improved oil production.


  • Norway: Certia provided a single-run solution for pipe recovery, identifying and cutting pipe efficiently with minimal mobilization time.


Partnerships


No information is available.



Note: This report is based on available data and may omit details not included in the source information.