Baker Hughes 2007 Annual Report Download - page 3
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Markets
International Growth
Baker Atlas
Baker Atlas provides
wireline-conveyed well
logging, data analysis
and perforating services
for formation evaluation, production
and reservoir management. Baker Atlas
is a technology leader in wellbore imag-
ing, wireline formation testing and fluid
sampling, and magnetic resonance
logging services.
Hughes Christensen
Hughes Christensen is
the leader in Tricone™
and PDC drill bits, ream-
while-drilling and casing
drilling technology. Hughes Christensen
application and design engineers work
with customers to provide the best drill
bit for the application to continuously
improve drilling performance.
INTEQ
INTEQ provides real-
time services to help
oil companies drill more
efficiently, evaluate
geologic formations, and place wells
in productive zones within the reser-
voir. Important technologies include
automated rotary steerable directional
drilling systems, high performance
drilling motors, and integrated
logging-while-drilling assemblies.
Baker Hughes
Drilling Fluids
Baker Hughes Drilling
Fluids provides fluids
systems and services
that help optimize the drilling and
completion processes, maximize hydro-
carbon production and manage drilling
waste. Leading technologies include
environmentally compliant water-based
and synthetic-based mud systems and
remediation fluids that can restore
productivity from damaged wells.
Drilling and Evaluation Segment
Russia
Baker Hughes revenues in Russia nearly dou-
bled in 2007 as a new country-management
structure took effect. Highlights included side-
tracking services in Western Siberia, new
orders for ESP systems and chemical services,
a growing wireline business and extended
reach drilling records on Sakhalin Island.
Libya
As international companies re-enter the
Libyan oilfields, Baker Hughes is positioned
to serve the near-term exploration market
with drilling and logging services while help-
ing Libyan customers maximize production
from mature fields with re-completion and
artificial lift systems.
Algeria
In Algeria, Baker Hughes built on its strong
position in standard products lines like drill
bits, directional drilling, coring, wireline and
completions to introduce higher-end technol-
ogy. A large drilling opti mization project
opened new opportunities in the country’s
gas-rich southwestern region.
Brazil
A major drilling and evaluation project with
Petrobras resulted in substantial growth, sup-
ported by investment in people, technology
and a new operations facility. Innovative ESP
subsea booster systems were successfully
deployed in three deepwater fields.
•Peoplecontributingtotheirfullpotential.
•Deliveringunmatchedvaluetoourcustomers.
•Beingcost-efficientineverythingwedo.
•Employingourresourceseffectively.