121109 B of a Presentation FINAL
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Transcript of 121109 B of a Presentation FINAL
8/22/2019 121109 B of a Presentation FINAL
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© 2012 Baker Hughes Incorporated. All Rights Reserved.
© 2012 BAKER HUGHES INCORPORATED. ALL RIGHTS RESERVED. TERMS AND CONDITIONS OF USE: BY ACCEPTING THIS DOCUMENT, THE RECIPIENT AGREES THAT THE DOCUMENT TOGETHER WITH ALL INFORMATION INCLUDED THEREIN IS THE CONFIDENTIAL ANDPROPRIETARY PROPERTY OF BAKER HUGHES INCORPORATED AND INCLUDES VALUABLE TRADE SECRETS AND/OR PROPRIETARY INFORMATION OF BAKER HUGHES (COLLECTIVELY "INFORMATION"). BAKER HUGHES RETAINS ALL RIGHTS UNDER COPYRIGHT LAWS AND TRADE
SECRET LAWS OF THE UNITED STATES OF AMERICA AND OTHER COUNTRIES. THE RECIPIENT FURTHER AGREES THAT THE DOCUMENT MAY NOT BE DISTRIBUTED, TRANSMITTED, COPIED OR REPRODUCED IN WHOLE OR IN PART BY ANY MEANS, ELECTRONIC, MECHANICAL, OR
OTHERWISE, WITHOUT THE EXPRESS PRIOR WRITTEN CONSENT OF BAKER HUGHES, AND MAY NOT BE USED DIRECTLY OR INDIRECTLY IN ANY WAY DETRIMENTAL TO BAKER HUGHES’ INTEREST.
13 November, 2012
2012 Global Energy Conference
Andy O’Donnell
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Forward-Looking Statements
Today’s discussion may include “forward-looking statements” within the meaning of Section 27A of the Securities
Act of 1933, Section 21E of the Securities Exchange Act of 1934 and “safe harbor” provisions of the Private
Securities Litigation Reform Act of 1995, including, without limitation, the expectations, beliefs, plans and
objectives of Baker Hughes. Such statements relate to future events and expectations and involve known and
unknown risks and uncertainties. Our actual results or actions may differ materially from those projected in these
forward-looking statements. For a summary of the specific risk factors that could cause results to differ materially
from those expressed in the forward-looking statements, please refer to Baker Hughes’ Annual Report on Form
10-K for the year ended December 31, 2011; Baker Hughes’ subsequent quarterly report on Form 10-Q for the
quarterly periods ended March 31, 2012, June 30, 2012, and September 30, 2012; and those set forth from time to
time in our other filings with the Securities and Exchange Commission (the “SEC”), which are available at the
SEC’s website at www.sec.gov and our website at www.bakerhughes.com/investor .
Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date
hereof. We undertake no obligation to publicly update or revise any forward-looking statements.
Reconciliation of Operating and GAAP Results
Reconciliation of non-GAAP results to GAAP results for historic periods can be found on our website at
www.bakerhuhges.com/investor in the Financial Information section under Financial Reports.
2
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North America update
3
Shifting from drilling
efficiency to production
enhancement
Changing customer mix
Baker Hughes well
positioned
© 2012 Baker Hughes Incorporated. All Rights Reserved.
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500
1,000
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2,000
2,500
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1.0
2.0
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4.0
5.0
Q 1 ' 1 0
Q 2 ' 1 0
Q 3 ' 1 0
Q 4 ' 1 0
Q 1 ' 1 1
Q 2 ' 1 1
Q 3 ' 1 1
Q 4 ' 1 1
Q 1 ' 1 2
Q 2 ' 1 2
Q 3 ' 1 2
Q 4 ' 1 2
US Quarterly Wells/Rigs
Wells/Rigs
Active Rigs
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US Pressure Pumping update
4
Winning work and growing contract base
Driving efficiencies through 24 hour operations
Leveraging Technology to differentiate the product line
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Bi-fuel fleets
5
Reduction of diesel usage up to 60%
Reduces environmental impact
Results in cost savings
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CGGVeritas Collaboration
6
Strengthening the core
Combining efforts between two industry leaders
Optimizing development of unconventional resources
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Winning in the Gulf of Mexico
7
Leading provider of Well Construction services
Investing in technologies for tomorrow’s challenges
Fastest growing deepwater market in the world
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International update
8
Activity rebounding in Braziland Colombia
Mobilizing in Norway as #1
drilling services provider
Despite short term challenges,
remain committed to Iraq
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Positioned for Success
9
North America onshorecontinues to evolve
GOM outlook getting brighter
by the day
Project strong growth in key
international markets
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