Baker Hughes

BAKER HUGHES
www.bakerhughes.com

Contact Information
2929 Allen Parkway, Suite 2100
Houston, TX 77019-2118
USA
T: 1-800-229-7447

Ashgabat
Emperyal Business Centre
Mir 2/1, 1951 (Y Emre) Street
T: +99312 450590 (129)
F: +99312 455094

Current Scope of Operations
In April 2008, Baker Hughes acquired Gaffney Cline & Associates, the reservoir consulting firm that concluded the audit of the South Yolotan-Osman gas reserves in October 2008.[i]

According to the company’s 2010 fourth quarter and annual results, “The Russia Caspian geomarket was recently awarded cementing services, liner hangers, completions systems, drill bits and advanced wireline for the giant South Yoletan field in Turkmenistan. This field is believed to be one of the largest and most challenging natural gas fields in the world. The customer expects to drill up to 25 wells over the next three years.”[ii]

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[i] OilVoice, “Baker Hughes Acquires Gaffney, Cline & Associates and GeoMechanics International,” 17 Apr. 2008, http://www.oilvoice.com/n/Baker_Hughes_Acquires_Gaffney_Cline_

[ii] Baker Hughes, Fourth Quarter and Annual Results, 25 Jan. 2011, http://www.cnbc.com/id/41247475/Baker_Hughes_Announces_Fourth_Quarter_and_Annual_Results. Accessed February 14, 2011. Available at: http://www.prnewswire.com/news-releases/baker-hughes-announces-fourth-quarter-and-annual-results-114539739.html