Baker Hughes Incorporated announced today that it has acquired two reservoir consulting firms – Gaffney, Cline & Associates (GCA) and GeoMechanics International (GMI) – strengthening the company’s capabilities in reservoir engineering, technical and managerial advisory services, and reservoir geomechanics.
The company also announced that D. Nathan Meehan, Ph.D., P.E. has joined Baker Hughes as vice president, Reservoir Technology and Consulting. Meehan will lead the company’s reservoir engineering, reservoir consulting, and hydrocarbon development activities, including the GCA and GMI businesses.
“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.
“Under Dr. Meehan’s direction, GCA and GMI will bring to Baker Hughes additional capabilities in reservoir engineering and geomechanics, increasing our ability to create value for our customers,” Deaton concluded.
Gaffney, Cline & Associates
Gaffney, Cline & Associates is an international advisory firm focused on providing integrated technical and managerial services to all sectors of the oil and gas industry. For more than 45 years GCA has provided strategic and detailed advice aimed at achieving practical and commercially viable results. In addition to reservoir engineering, GCA advises a wide group of clients in exploration, reservoir evaluation, field development, drilling and production, pipeline, refining, and LNG projects throughout the world. GCA has principal offices in
GeoMechanics International
GeoMechanics International is a leader in consulting, training, and software in the field of geomechanics and its application to oil and gas reservoirs. GMI was founded in 1996 by a team of experts from
Recommended Reading
Triangle Energy, JV Set to Drill in North Perth Basin
2024-04-18 - The Booth-1 prospect is planned to be the first well in the joint venture’s —Triangle Energy, Strike Energy and New Zealand Oil and Gas — upcoming drilling campaign.
TotalEnergies Cements Oman Partnership with Marsa LNG Project
2024-04-22 - Marsa LNG is expected to start production by first quarter 2028 with TotalEnergies holding 80% interest in the project and Oman National Oil Co. holding 20%.
Is Double Eagle IV the Most Coveted PE-backed Permian E&P Left?
2024-04-22 - Double Eagle IV is quietly adding leases and drilling new oil wells in core parts of the Midland Basin. After a historic run of corporate consolidation, is it the most attractive private equity-backed E&P still standing in the Permian Basin?
TotalEnergies to Acquire Remaining 50% of SapuraOMV
2024-04-22 - TotalEnergies is acquiring the remaining 50% interest of upstream gas operator SapuraOMV, bringing the French company's tab to more than $1.4 billion.
EIG’s MidOcean Closes Purchase of 20% Stake in Peru LNG
2024-04-23 - MidOcean Energy’s deal for SK Earthon’s Peru LNG follows a March deal to purchase Tokyo Gas’ LNG interests in Australia.