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Press release from PR Newswire

Baker Hughes Announces September 2011 Rig Counts

Friday, October 07, 2011

Baker Hughes Announces September 2011 Rig Counts06:00 EDT Friday, October 07, 2011HOUSTON, Oct. 7, 2011 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for September 2011 was 1,174, down 9 from the 1,183 counted in August 2011, and up 54 from the 1,120 counted in September 2010. The international offshore rig count for September 2011 was 304, down 14 from the 318 counted in August 2011 and down 13 from the 317 counted in September 2010.  The last report of rig activity in Libya was for February 2011.The US rig count for September 2011 was 1,978, up 21 from the 1,957 counted in August 2011 and up 323 from the 1,655 counted in September 2010.  The Canadian rig count for September 2011 was 510, up 37 from the 473 counted in August 2011 and up 163 from the 347 counted in September 2010.The worldwide rig count for September 2011 was 3,662, up 49 from the 3,613 counted in August 2011 and up 540 from the 3,122 counted in September 2010.   September 2011 Rotary Rig CountsSeptember 2011August 2011September 2010LandOSTotalVar.LandOSTotalLandOSTotalEurope7446120(8)7454128464894Middle East2553729252503728724135276Africa5226783482775592988Latin America  34191432(9)3459644130576381Asia Pacific1481042520148104252152129281International8703041174(9)86531811838033171120United States19463219782119233419571635201655Canada50915103747124733452347North America24553324885823943624301980222002Worldwide33253373662493259354361327833393122About the Baker Hughes Rig CountsThe Baker Hughes Rotary Rig Counts are counts of the number of drilling rigs actively exploring for or developing oil or natural gas in the United States, Canada and international markets.  Baker Hughes has issued the rotary rig counts as a service to the petroleum industry since 1944, when Hughes Tool Company began weekly counts of US and Canadian drilling activity.  Baker Hughes initiated the monthly international rig count in 1975.North American rig count data is scheduled to be released at noon central time on the last working day of each week.  The international rig count is scheduled to be released on the 5th working day of the month.  Additional detailed information on the Baker Hughes rig counts is available from our website. Baker Hughes provides reservoir consulting, drilling, pressure pumping, formation evaluation, completion and production products and services to the worldwide oil and gas industry.CONTACTS:Media Relations:Teresa Wong, +1.713.439.8110, teresa.wong@bakerhughes.comKathy Shirley, +1.713.439.8135, kathy.shirley@bakerhughes.comInvestor Relations:  Adam Anderson, +1.713.439.8039, adam.anderson@bakerhughes.comSOURCE Baker Hughes