baker hughes inc (BHI) Key Developments
Baker Hughes Incorporated Reports Rig Counts for the Month of February 2014
Mar 7 14
Baker Hughes Incorporated reported rig counts for the month of February 2014. For the month, the company’s international rig count 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 January 2014, and up 7 from the 1,762 counted in February 2013. The average Canadian rig count for February 2014 was 626, up 122 from the 504 counted in January 2014, and down 16 from the 642 counted in February 2013. The worldwide rig count for February 2014 was 3,736, up 138 from the 3,598 counted in January 2014, and up 57 from the 3,679 counted in February 2013.
Baker Hughes and WellDog Collaborate to Launch New Aquifer Monitoring Systems
Feb 26 14
WellDog announced that it has partnered with Baker Hughes once again to produce a new permanent multi-zone AquaTracker(TM) pressure sensor system suitable for monitoring aquifer water levels. The new systems can be retrieved and serviced during use, if required, providing customers additional assurance that their long term downhole monitoring needs will be met economically. WellDog has applied its expertise to ensure these monitoring systems are compliant with the Queensland Water Act of 2010. The Company is installing multi-zone completions, configured to specification for coal seam gas customers in eastern Australia. Both WellDog and Baker Hughes are building stock levels at WellDog's facility in Roma to locally support customers of the new product. WellDog's AquaTracker sensor systems detect small movements of water between different geological zones, including coal seams and water aquifers, allowing customers to carefully and accurately monitor fluid displacement and cross zone communication in real time during natural gas development activities. WellDog installs AquaTracker sensor systems in a variety of architectures customized to subsurface stratigraphy and monitoring needs.
Baker Hughes Incorporated Presents at IHS Energy CERAWeek 2014, Mar-04-2014 07:30 AM
Feb 3 14
Baker Hughes Incorporated Presents at IHS Energy CERAWeek 2014, Mar-04-2014 07:30 AM. Venue: Hilton Americas, Houston, Texas, United States. Speakers: David Fischer, VP, Global Supply Chain.
Baker Hughes Incorporated Presents at Oil & Gas Conference 2014, Mar-12-2014
Jan 24 14
Baker Hughes Incorporated Presents at Oil & Gas Conference 2014, Mar-12-2014 . Venue: Mitsubishi UFJ Securities, 1633 Broadway 29th Floor, New York, NY 10019, United States.
Baker Hughes Declares Quarterly Dividend Payable February 14, 2014
Jan 23 14
Baker Hughes Incorporated announced that its 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.