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Press release from PR Newswire

Baker Hughes Announces September 2013 Rig Counts

Monday, October 07, 2013

Baker Hughes Announces September 2013 Rig Counts

06:00 EDT Monday, October 07, 2013

HOUSTON, Oct. 7, 2013 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for September 2013 was 1,284, up 17 from the 1,267 counted in August 2013, and up 30 from the 1,254 counted in September 2012. The international offshore rig count for September 2013 was 313, up 4 from the 309 counted in August 2013, and up 20 from the 293 counted in September 2012. 

The average U.S. rig count for September 2013 was 1,760, down 21 from the 1,781 counted in August 2013, and down 99 from the 1,859 counted in September 2012. The average Canadian rig count for September 2013 was 387, up 19 from the 368 counted in August 2013, and up 32 from the 355 counted in September 2012.

The worldwide rig count for September 2013 was 3,431, up 15 from the 3,416 counted in August 2013, and down 37 from the 3,468 counted in September 2012.      

September 2013 Rotary Rig Counts

September 2013

Month

August 2013

September 2012

Land

Offshore

Total

Variance

Land

Offshore

Total

Land

Offshore

Total

Latin America

319

85

404

5

318

81

399

331

80

411

Europe

88

51

139

-4

88

55

143

78

46

124

Africa

84

35

119

-6

93

32

125

84

24

108

Middle East*

337

42

379

17

317

45

362

336

45

381

Asia Pacific

143

100

243

5

142

96

238

132

98

230

International

971

313

1,284

17

958

309

1,267

961

293

1,254

United States

1,695

65

1,760

-21

1,720

61

1,781

1,808

51

1,859

Canada

382

5

387

19

364

4

368

354

1

355

North America

2,077

70

2,147

-2

2,084

65

2,149

2,162

52

2,214

Worldwide

3,048

383

3,431

15

3,042

374

3,416

3,123

345

3,468

*

The Middle East rig count excludes rigs in Syria for August and September 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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