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BJ Services Company-BJ Services Company is a Fortune 500 oil and gas equipment and services company with its headquarters located in Houston, Texas. 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 is the third-largest provider of so-called pressure-pumping services, whereby slurry, often sand and water, is injected into a well to stimulate production. Pressure pumping is used in unconventional gas plays such as shale formations to break up rock.

The method is expected to account for about 20 percent of the combined company’s revenue, compared with less than 1 percent for Baker Hughes last year.

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.

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