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Baker Hughes is selling its offshore hydraulic fracturing business in the Gulf of Mexico, along with two vessels that carry the necessary gear to frack the wells and control the sand spilling from the oil-soaked reservoir under the seabed.

Halliburton Company and Baker Hughes Incorporated announced that the companies will market for sale additional businesses in connection with Halliburton’s pending acquisition of Baker Hughes.

Halliburton Company and Baker Hughes Incorporated announced that the companies will market for sale additional businesses in connection with Halliburton’s pending acquisition of Baker Hughes.

Oil traded steady to higher on Tuesday, buoyed by gains on Wall Street that helped prices rebound after a tumble in the previous session, ahead of an industry report that’s expected to show if US crude stockpiles have fallen after weeks of gains.

Baker Hughes Incorporated (NYSE:BHI) now has an ABR of 1.91 based on 19 research analysts providing projections.

Federal data published Wednesday show total U.S. crude oil production increased by 52,000 barrels to 9.5 million barrels per day.