Baker Hughes and CGG Alliance Tackles Shale Resource Challenges
An update on the CGG and Baker Hughes shale alliance announced during the 2012 SEG annual meeting. It is now a year since CGG and Baker Hughes announced that they would enter into a collaborative relationship that could redefine shale reservoir exploitation. Since then CGG has acquired Fugro’s Geoscience division …
Baker Hughes Acquires Software Developer Meyer & Associates
MFrac software strengthens Baker Hughes’ hydraulic fracturing simulation capabilities HOUSTON, TX – Baker Hughes (NYSE: BHI) has acquired Meyer & Associates, a leading petroleum industry software developer. The acquisition strengthens Baker Hughes’ Reservoir Development Services (RDS) and positions Baker Hughes as a leading provider of hydraulic fracturing design and evaluation …