Subsidy Tracker: Industry Summary Page
Major Industry:
oilfield services and supplies
Subsidy Total:
$319,923,738
Number of Awards:
814
Time Period:
Earliest year of data: 1995. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this industry are for the period since 2011.
Notes:
The total includes only those entries matched to a parent company. The industry designation is the primary one for the parent's operations overall. Dollar totals do not include awards for which no subsidy value is disclosed.
| Top 10 Parent Companies | Total Subsidy $ | Number of Awards |
|---|---|---|
| Baker Hughes | $79,664,344 | 108 |
| Schlumberger | $72,274,688 | 152 |
| Halliburton | $53,560,576 | 110 |
| McDermott International | $42,891,340 | 95 |
| Select Energy Services Inc. | $16,535,755 | 26 |
| Weatherford International | $13,052,339 | 31 |
| Wood Group | $8,192,501 | 37 |
| Noble Corp. | $7,908,957 | 5 |
| NOV Inc. | $5,895,951 | 33 |
| Oceaneering International | $4,987,001 | 13 |
Individual Subsidy Records:
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| Company |
Parent |
Location | Subsidy Source | Year | Subsidy Value | Loan/Bailout Value | Type of Subsidy |
|---|---|---|---|---|---|---|---|
| BAKER PETROLITE LLC | Baker Hughes | Oklahoma | state | 2011 | $182,854 | tax credit/rebate | |
| BAKER HUGHES OILFIELD OPERATIONS LLC | Baker Hughes | Oklahoma | state | 2013 | $186,755 | tax credit/rebate | |
| BAKER PETROLITE LLC | Baker Hughes | Oklahoma | state | 2012 | $272,508 | tax credit/rebate | |
| BAKER HUGHES OILFIELD OPERATIONS INC | Baker Hughes | Oklahoma | state | 2011 | $292,377 | tax credit/rebate | |
| BAKER HUGHES OILFIELD OPERATIONS INC | Baker Hughes | Oklahoma | state | 2007 | $304,408 | tax credit/rebate | |
| BAKER PETROLITE LLC | Baker Hughes | Oklahoma | state | 2007 | $338,084 | tax credit/rebate | |
| BAKER HUGHES OILFIELD OPERATIONS INC | Baker Hughes | Oklahoma | state | 2008 | $340,498 | tax credit/rebate | |
| BAKER HUGHES OILFIELD OPERATIONS INC | Baker Hughes | Oklahoma | state | 2012 | $377,993 | tax credit/rebate | |
| BAKER PETROLITE LLC | Baker Hughes | Oklahoma | state | 2014 | $428,613 | tax credit/rebate | |
| BAKER HUGHES OILFIELD OPERATIONS INC | Baker Hughes | Oklahoma | state | 2009 | $433,496 | tax credit/rebate | |
| BAKER PETROLITE LLC | Baker Hughes | Oklahoma | state | 2013 | $466,463 | tax credit/rebate | |
| BAKER HUGHES OILFIELD OPERATIONS LLC | Baker Hughes | Oklahoma | state | 2014 | $673,532 | tax credit/rebate | |
| BAKER HUGHES OILFIELD OPERATIONS, INC. | Baker Hughes | United States | federal | 2019 | $7,070,174 | federal grant | |
| Baker Hughes Oilfield Operations, Inc. | Baker Hughes | United States | federal | 2020 | $335,000,000 | federal loan or loan guarantee |
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