Baker Hughes Incorporated (BHI) has acquired two consulting firms, Gaffney, Cline & Associates (GCA) and GeoMechanics International (GMI). GCA was founded in 1962 and now has principal offices in London, Houston, Moscow, Buenos Aires, Singapore and Sydney. The company advises on exploration, reservoir evaluation, field development, drilling and production, pipeline, refining and LNG projects throughout the world. GMI was spun off from Stanford University in 1996.
BHI chairman and CEO Chad Deaton said, ‘These acquisitions extend our wellbore-related technology to encompass comprehensive reservoir and midstream solutions. Both 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.’
BHI has also hired Nathan Meehan (previously Principal of CMG Petroleum Consulting) as VP Reservoir Technology and Consulting. Meehan will lead the company’s reservoir engineering, reservoir consulting, and hydrocarbon development activities, including the GCA and GMI businesses.
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