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Baker Hughes Incorporated creates value from oil and gas reservoirs with high-performance drilling, evaluation, completions and production technology and services, integrated operations and reservoir consulting. Company's solutions are designed to lower costs, reduce risk or improve productivity for the global oil and gas industry. Baker Hughes was formed in 1987 with the merger of Baker International and Hughes Tool Company—both founded over 100 years ago when R.C. Baker and Howard Hughes, Sr. conceived ground-breaking inventions that revolutionized the fledgling petroleum era. Since those earliest advancements, company has never stopped searching for solutions to conquer the next frontier.