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BJ Services Company

 
Wikipedia: BJ Services Company
BJ Services Company
Type Public (NYSEBJS)
Founded 1872
Headquarters Harris County, Texas, USA
Key people J.W.Stewart (Chairman/President/CEO)

Jeffrey E. Smith (Senior VP/CFO)

David Dunlap (Executive VP/COO)

Paul Yust (VP/CIO)
Industry Oil and Gas Equipment, Services
Revenue $4.802 Billion USD (2007)
Net income $1.112 Billion USD (2007)
Employees 16,700
Website www.bjservices.com

BJ Services Company (NYSEBJS) is a Fortune 500 oil and gas equipment and services company with its headquarters located in Houston, Texas. It has its headquarters in the Spring Branch district and in unincorporated Harris County, Texas.[1][2]

It was founded in 1872 as the Byron Jackson Company by inventor Byron Jackson. Today the company operates in more than 50 countries worldwide.

BJ Services Company is a leading worldwide provider of pressure pumping and oilfield services for the petroleum industry. Pressure pumping services consist of cementing and stimulation services used in the completion of new oil and natural gas wells and in remedial work on existing wells, both onshore and offshore. Oilfield services include completion tools, completion fluids, casing and tubular services, production chemical services, and precommissioning, maintenance and turnaround services in the pipeline and process business, including pipeline inspection.

On August 31, 2009, the company was bought by Baker Hughes Incorporated in a $5.5 billion stock and cash deal. Greenhill and Company advised on the transaction.

References

  1. ^ "Global Locations." BJ Services Company. July 3, 2007. Retrieved on December 8, 2009.
  2. ^ "Boundary Map." Spring Branch Management District. Retrieved on December 8, 2009.

External links



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