Baker Energy Teams Up with Collarini to Service O&G Industry

Baker Energy and Collarini Corporation are forming an alliance to combine the operation and maintenance capability of Baker Energy and the subsurface expertise of Collarini to provide true total asset management services to exploration and production companies in the oil and gas industry.

Formation of this alliance is in response to the industry's ever-increasing dilemma: to increase production while continuing to decrease cost. "Increasing production while decreasing expenses is tough in today's environment of limited staff and tight financial resources," Rex Doyle, senior vice president of marketing for Baker Energy, said. "Our experience has shown that successful efforts require a strong, integrated team with total asset knowledge, from the source rock to the sales meter. This alliance with the Collarini companies is exciting and timely. Our clients have been asking us to help manage the entire life span of their assets. With the subsurface expertise of Collarini, we are now able to provide this comprehensive service we call total asset management."

"We are truly delighted to have the opportunity to work with Baker. Their operational capabilities are well respected and a perfect complement to our reservoir experience. Our clients will benefit from having complete asset knowledge at their disposal," explained Volker Rathmann, president of Collarini Corporation. "We anticipate a win-win result from our total asset management model."