Award for Drilling Excellence, Southwest 2014

Awarded to: Baker Hughes

Oil & Gas Awards Judges Comments

“Baker Hughes application was strong in the area of innovation, new technologies (Kymera hybrid bit) and turnkey drilling solutions and their data backed it up.”

“Developed an integrated “fit for purpose” solution for drilling in the challenging Cotton Valley formation increasing ROP by more than 36% and reducing rig time by more than 4 days.”

Baker Hughes – Corporate Overview

Baker Hughes Incorporated (NYSE: BHI) provides technology and services that enable the safe, affordable delivery of energy to the world. The Company has served the oil and gas industry for more than a century, and employs a diverse workforce of approximately 59,000 people in more than 80 countries.

Baker Hughes is a leading innovator in the design, construction and production of oil and gas wells. Today, the Company creates value by improving the conversion efficiency of well construction, integrating technology and services to accelerate and optimize hydrocarbon production, and researching new ways to increase ultimate recovery.

Beyond the upstream sector of the oil and industry, Baker Hughes serves the midstream and downstream markets with technologies and chemistries that ensure safe, reliable transmission and processing of hydrocarbons.

With a clear understanding of industry challenges now and in the future, Baker Hughes combines innovative technology with superior service and dynamic business models to deliver differential value for customers and shareholders.

Baker Hughes – Award for Drilling Excellence – Winners Page