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Press release from PR Newswire

Baker Hughes Announces August 2013 Rig Counts

Monday, September 09, 2013

Baker Hughes Announces August 2013 Rig Counts

06:00 EDT Monday, September 09, 2013

HOUSTON, Sept. 9, 2013 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for August 2013 was 1,267, down 38 from the 1,305 counted in July 2013, and up 6 from the 1,261 counted in August 2012. The international offshore rig count for August 2013 was 309, down 11 from the 320 counted in July 2013, and up 9 from the 300 counted in August 2012. 

The average U.S. rig count for August 2013 was 1,781, up 15 from the 1,766 counted in July 2013, and down 113 from the 1,894 counted in August 2012. The average Canadian rig count for August 2013 was 368, up 77 from the 291 counted in July 2013, and up 52 from the 316 counted in August 2012.

The worldwide rig count for August 2013 was 3,416, up 54 from the 3,362 counted in July 2013, and down 55 from the 3,471 counted in August 2012.      

August 2013 Rotary Rig Counts

August 2013

Month

July 2013

August 2012

Land

Offshore

Total

Variance

Land

Offshore

Total

Land

Offshore

Total

Latin America

318

81

399

-19

331

87

418

337

80

417

Europe

88

55

143

4

90

49

139

71

47

118

Africa

93

32

125

-3

90

38

128

80

31

111

Middle East*

317

45

362

-17

332

47

379

341

47

388

Asia Pacific

142

96

238

-3

142

99

241

132

95

227

International

958

309

1,267

-38

985

320

1,305

961

300

1,261

United States

1,720

61

1,781

15

1,708

58

1,766

1,843

51

1,894

Canada

364

4

368

77

288

3

291

315

1

316

North America

2,084

65

2,149

92

1,996

61

2,057

2,158

52

2,210

Worldwide

3,042

374

3,416

54

2,981

381

3,362

3,119

352

3,471

*

The Middle East rig count excludes rigs in Syria for July and August 2013.

About 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 is a leading supplier of oilfield services, products, technology and systems to the worldwide oil and natural gas industry. The company's 59,000-plus employees today work in more than 80 countries helping customers find, evaluate, drill, produce, transport and process hydrocarbon resources. For more information on Baker Hughes' century-long history, visit www.bakerhughes.com.

CONTACTS:

Media Relations:   

Christine Mathers, + 1.713.439.8738, christine.mathers@bakerhughes.com

Investor Relations:   

Trey Clark, +1.713.439.8039, trey.clark@bakerhughes.com

Eric Holcomb, +1.713.439.8822, eric.s.holcomb@bakerhughes.com

SOURCE Baker Hughes Incorporated

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