Thread regarding Baker Hughes Inc. layoffs

HAL/BHI: The winner will be who is in the best position to grow faster and provide the best service, technology, and build market share

This is just one laid off wire line guys opinion. On the Cased Hole side: Baker has a clear advantage in the Cased Hole Evaluation arena with the RPM Pulsed Neutron Tool. BHI leads in the Casing Evaluation Arena with the Verti-log Suite of tools. Production Logging is a wash since neither side has viable Horizontal Production Logging System like the SLB tool. HAL has a leg up with Cased Hole Cement Evaluation with a SLB knock off Ultra-Sonic Imaging Tool (BHI doesn't have one). In North America the Perforating and Horizontal Pump Down Market is probably a wash since both sides predominately use third party gun systems and explosives. This market winner as always will be determined by well maintained equipment and good motivated people on location. On the Open Hole side: Both sides have really good technology and data gathering. Both need to a better way to convey wireline logs in horizontal wells. Reliable Open hole Tractors or other new technology has been waiting for smart wireline guys and gals to invent it. Logging while drilling and Thru Bit logging is taking more and more of this shrinking market. So I guess I'll say this is a wash between BHI and HAL. So what will happen in the takeover? I hope they combine the best from both and merge into one Wire-Line Group. If they don't, then it opens the door for new competitors in the North American market and for SLB to step in and take a bigger share of whats is left in this downturn. The winner will be who is in the best position to grow faster and provide the best service, technology, and build market share. It will turn around and get busy again, it always does. Hunker down and hold on. Remember that Wireline is still the best way to evaluate rock and put holes in pipe.

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Post ID: @OP+AF6QTXM

3 replies (most recent on top)

One item of disagreement. HAL produces their own charges and builds their own guns. The site in Alvarado has been growing for the last few years. Oddly, HAL has tried to sell Jet Research several times in the past but the deals always fall through.

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Post ID: @3ZLi+AF6QTXM

Any one know who will buy the cementing division of BakerHughes?

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Post ID: @Vei+AF6QTXM

Anonymous84543 - you nailed it

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Post ID: @JpO+AF6QTXM

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