SEC FORM 3/A

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Cancilla Russell J

(Last)

(First)

(Middle)

2929 ALLEN PARKWAY

SUITE 2100

(Street)

HOUSTON

77019

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
01/22/2009

3. Issuer Name and Ticker or Trading Symbol
BAKER HUGHES INC [ BHI ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Vice President

5. If Amendment, Date of Original Filed (Month/Day/Year)
01/26/2009

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock, $1 Par Value	6,590	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock, $1 Par Value⁽¹⁾⁽²⁾	06/19/2007	06/10/2016	Common Stock, $1 Par Value	1,003	$79.94	D
Common Stock, $1 Par Value⁽¹⁾⁽³⁾	01/24/2008	01/24/2017	Common Stock, $1 Par Value	900	$68.54	D
Common Stock, $1 Par Value⁽¹⁾⁽⁴⁾	07/25/2008	07/25/2017	Common Stock, $1 Par Value	900	$82.28	D
Common Stock, $1 Par Value⁽¹⁾⁽⁵⁾	01/23/2009	01/23/2018	Common Stock, $1 Par Value	1,016	$69.92	D
Common Stock, $1 Par Value⁽¹⁾⁽⁶⁾	08/11/2009	08/11/2018	Common Stock, $1 Par Value	923	$77.2	D
Common Stock, $1 Par Value⁽¹⁾⁽⁷⁾	01/21/2010	01/21/2019	Common Stock, $1 Par Value	2,419	$29.18	D

Explanation of Responses:

1. Option granted pursuant to the terms of the Company's 2002 Employee Long-Term Incentive Plan.

2. Option vests in three equal annual installments beginning June 19, 2007.

3. Option vests in three equal annual installments, beginning January 24, 2008.

4. Option vests in three equal annual installments beginning July 25, 2008.

5. Option vests in three equal annual installments, beginning January 23, 2009.

6. Option vests in three equal annual installments beginning August 11, 2009.

7. Option vests in three equal annual installments, beginning January 21, 2010.

Remarks:

	Sandra E. Alford Attorney-in-Fact	07/13/2009
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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