BJ Services Inc., a fracking company recently spun out of Baker Hughes Inc. (NYSE: BHGE), aims to go public on the New York Stock Exchange (NYSE).

The 145-year-old company said July 14 it filed a registration statement with the U.S. Securities and Exchange Commission for a proposed IPO of up to $100 million of its common stock. The number of shares to be offered and the price range for the offering have not yet been determined.

Late last year, Baker Hughes entered an agreement with private equity funds CSL Capital Management and Goldman Sachs’ West Street Energy Partners to form a new North American fracking company operating under the BJ Services brand.

The $325 million deal made Baker Hughes, which is now part of General Electric Co. (NYSE: GE), a minority owner in its fleet. However, just $150 million was expected to go directly to Baker Hughes' coffers with the remaining $175 million earmarked for running BJ Services.

In exchange, CSL Capital and West Street agreed to own 53.3% of BJ Services. Baker Hughes retained a 46.7% ownership stake.

Headquartered in Tomball, Texas, BJ Services credits itself as the largest North American-focused, pure-play pressure pumping services provider. The company plans to be listed on the NYSE under the symbol “BJS.”

Goldman Sachs & Co. LLC, Credit Suisse Securities (USA) LLC and Morgan Stanley & Co. LLC are book-running managers for BJ Services' proposed IPO.