Award for Drilling Excellence, Northeast 2013

Awarded to: Baker Hughes

Oil & Gas Awards Judges Comments

“Baker Hughes featured their development of the AutoTrak Curve rotary steerable drilling system, an advanced drilling solution. This best in class drilling system allows the driller to build a tighter curve approaching an industry leading 15 degrees of pitch for every 100 feet drilled, allowing up to 750’ of additional horizontal leg in the target horizon. This steerable system when paired with Baker’s custom bits has improved accuracy, longer down-hole life, and a high rate of penetration; all leading to improved economics and lower trip-associated safety risk. Outstanding actual results from Marcellus Shale extended reach horizontal wells drilled using this system were cited.”

“The development of the field proven Auto Track Curve Rotary Steerable System is an innovation that benefits the entire drilling industry. “Faster, better cheaper” is always a goal of the industry and Baker Hughes has met that goal.”

Baker Hughes – Corporate Overview

Baker Hughes is a leading global supplier of oilfield services, products, technology and systems to the oil and natural gas industry. The Company also provides industrial products and services to the downstream refining, and process and pipeline industries. Their 59,000-plus employees work in more than 80 countries in geomarket teams that help customers find, evaluate, drill, produce, transport and process hydrocarbon resources.

Organized into four regions, the Company has more than 25 geo-markets, facilitating strong customer relationships and allowing rapid response to local market conditions and customer needs. The Company’s technology centers, strategically located around the world, are pushing the boundaries to overcome progressively more complex challenges. Baker Hughes develops solutions designed to help manage operating expenses, maximize reserve recovery and boost overall return on investment through the entire life cycle of an oil or gas asset. Collaboration is the foundation upon which Baker Hughes builds its business and develops next-generation products and services for drilling and evaluation, completions and production, and fluids and chemicals.

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