Baker Hughes Announces August 2014 Rig Counts

HOUSTON, Sept. 8, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for August 2014 was 1,339, down 43 from the 1,382 counted in July 2014, and up 72 from the 1,267 counted in August 2013. The international offshore rig count for August 2014 was 315, down 21 from the 336 counted in July 2014, and up 6 from the 309 counted in August 2013. 

The average U.S. rig count for August 2014 was 1,904, up 28 from the 1,876 counted in July 2014, and up 123 from the 1,781 counted in August 2013. The average Canadian rig count for August 2014 was 399, up 49 from the 350 counted in July 2014, and up 31 from the 368 counted in August 2013.

The worldwide rig count for August 2014 was 3,642, up 34 from the 3,608 counted in July 2014, and up 226 from the 3,416 counted in August 2013.      

August 2014 Rotary Rig Counts



Aug 2014


Month


July 2014


Aug 2013



Land

Offshore

Total


Variance


Land

Offshore

Total


Land

Offshore

Total

















Latin America

337

73

410


3


339

68

407


318

81

399


Europe

98

45

143


-10


98

55

153


88

55

143


Africa

87

38

125


-12


91

46

137


93

32

125


Middle East

366

40

406


-26


378

54

432


317

45

362


Asia Pacific

136

119

255


2


140

113

253


142

96

238

International

1,024

315

1,339


-43


1,046

336

1,382


958

309

1,267

















United States

1,842

62

1,904


28


1,819

57

1,876


1,720

61

1,781


Canada

395

4

399


49


348

2

350


364

4

368

North America

2,237

66

2,303


77


2,167

59

2,226


2,084

65

2,149
















Worldwide

3,261

381

3,642


34


3,213

395

3,608


3,042

374

3,416































About the Baker Hughes Rig Counts
The 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


Alondra Oteyza, +1.713.439.8822, alondra.oteyza@bakerhughes.com

SOURCE Baker Hughes Incorporated