Baker Hughes adds reservoir services

Baker Hughes Inc. has acquired Gaffney, Cline & Associates and also GeoMechanics International.

Offshore Staff

HOUSTON --Baker Hughes Inc. has acquired Gaffney, Cline & Associates and also GeoMechanics International.

"These two acquisitions are part of an ongoing effort to broaden our capabilities by expanding Baker Hughes' traditional strength in wellbore-related technology to encompass comprehensive reservoir and midstream solutions," said Chad C. Deaton, Baker Hughes chairman, president, and chief executive officer. "The two firms will continue to operate as stand-alone consultancies while providing advice and services to enhance the reservoir-related offerings of Baker Hughes product line divisions."

Baker Hughes also has hired D. Nathan Meehan as vice president, Reservoir Technology and Consulting.

04/17/2008

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