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Press release from PR Newswire

Baker Hughes Announces April 2014 Rig Counts

Wednesday, May 07, 2014

Baker Hughes Announces April 2014 Rig Counts

06:00 EDT Wednesday, May 07, 2014

HOUSTON, May 7, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for April 2014 was 1,349, up 4 from the 1,345 counted in March 2014, and up 48 from the 1,301 counted in April 2013. The international offshore rig count for April 2014 was 329, down 5 from the 334 counted in March 2014, and down 2 from the 331 counted in April 2013. 

The average U.S. rig count for April 2014 was 1,835, up 32 from the 1,803 counted in March 2014, and up 80 from the 1,755 counted in April 2013. The average Canadian rig count for April 2014 was 204, down 245 from the 449 counted in March 2014, and up 51 from the 153 counted in April 2013.

The worldwide rig count for April 2014 was 3,388, down 209 from the 3,597 counted in March 2014, and up 179 from the 3,209 counted in April 2013.      

April 2014 Rotary Rig Counts

 

April 2014

Month

March 2014

April 2013

Land

Offshore

Total

Variance

Land

Offshore

Total

Land

Offshore

Total

Latin America

337

66

403

-3

337

69

406

340

89

429

Europe

93

58

151

3

93

55

148

85

51

136

Africa

96

40

136

4

97

35

132

88

37

125

Middle East

361

46

407

6

350

51

401

309

45

354

Asia Pacific

133

119

252

-6

134

124

258

148

109

257

International

1,020

329

1,349

4

1,011

334

1,345

970

331

1,301

United States

1,784

51

1,835

32

1,750

53

1,803

1,706

49

1,755

Canada

201

3

204

-245

448

1

449

150

3

153

North America

1,985

54

2,039

-213

2,198

54

2,252

1,856

52

1,908

Worldwide

3,005

383

3,388

-209

3,209

388

3,597

2,826

383

3,209

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 about Baker Hughes, visit: www.bakerhughes.com.

CONTACTS: 

Media Relations:   

Melanie Kania, + 1.713.439.8303, melanie.kania@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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