GR Energy Services and Baker Hughes Enter into Preferred Wireline and Perforating Services Agreement

Sharing of high-efficiency wireline completion and geosciences capabilities will better serve oil and gas companies

HOUSTON, TEXAS (March 8, 2017) — Baker Hughes and GR Energy Services today announced a preferred services agreement. Initially focusing on the provision of wireline services in the New Mexico, Texas and Louisiana oilfield markets, the agreement provides for the sharing of products and geoscience capabilities between both companies to better serve the companies’ combined customer bases.

“This agreement will allow our customers greater efficiency, flexibility and opportunity to lower costs, by significantly expanding the availability of Baker Hughes’ leading technologies and the service portfolio available from GR Energy Services,” said Billy Anthony, Senior Vice President of Wireline for GR Energy Services.

GR Energy Services is a completion and production solutions company committed to lowering operational risk and total cost of operations for oil and gas companies.

Baker Hughes is a leading supplier of oilfield services, products, technology and systems to the worldwide oil and natural gas industry. The company’s 33,000 employees today work in more than 80 countries helping customers find, evaluate, drill, produce, transport and process hydrocarbon resources.