Baker Hughes Announces April 2009 Rig Counts

HOUSTON, May 7 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for April 2009 was 986, down 26 from the 1,012 counted in March 2009, and down 88 from the 1,074 counted in April 2008. The international offshore rig count for April 2009 was 273, down 8 from the 281 counted in March 2009 and down 24 from the 297 counted in April 2008.

The US rig count for April 2009 was 995, down 110 from the 1,105 counted in March 2009 and down 834 from the 1,829 counted in April 2008. The Canadian rig count for April 2009 was 74, down 122 from the 196 counted in March 2009 and down 32 from the 106 counted in April 2008.

The worldwide rig count for April 2009 was 2,055, down 258 from the 2,313 counted in March 2009 and down 1,004 from the 3,009 counted in April 2008.


    April 2009 Rotary Rig Counts

                      April 2009             March 2009        April 2008
                    Land   OS  Total  Var.  Land   OS  Total  Land   OS  Total
    --------------------------------------------------------------------------

      Europe          30   56   86    (9)     36   59   95      46   47   93
      Middle East    223   30  253    (9)    232   30  262     244   35  279
      Africa          50   12   62     1      48   13   61      55   18   73
      Latin America  278   71  349    (9)    284   74  358     294   86  380
      Asia Pacific   132  104  236     0     131  105  236     138  111  249
                     ---  ---  ---           ---  ---  ---     ---  ---  ---

    International    713  273  986   (26)    731  281 1012     777  297 1074

      United States  947   48  995  (110)   1060   45 1105    1765   64 1829
      Canada          73    1   74  (122)    195    1  196     105    1  106
                      --    -   --           ---    -  ---     ---    -  ---
    North America   1020   49 1069  (232)   1255   46 1301    1870   65 1935

    --------------------------------------------------------------------------

    Worldwide       1733  322 2055  (258)   1986  327 2313    2647  362 3009

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. 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 at http://www.bakerhughes.com/investor/rig.

Baker Hughes provides reservoir consulting, drilling, formation evaluation, completion and production products and services to the worldwide oil and gas industry.


    Contacts:                                   Baker Hughes Incorporated
    Gary R. Flaharty (713) 439-8039                         P.O. Box 4740
    H. Gene Shiels (713) 439-8822               Houston, Texas 77210-4740

SOURCE  Baker Hughes Incorporated

    -0-                           05/07/2009
    /CONTACT:  Gary R. Flaharty, +1-713-439-8039, or H. Gene Shiels,
+1-713-439-8822, both of Baker Hughes Incorporated/
    /Web Site:  http://www.bakerhughes.com /
    (BHI)

CO:  Baker Hughes Incorporated

ST:  Texas
IN:  UTI OIL GAS
SU:

PR
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9773 05/07/2009 05:00 EDT http://www.prnewswire.com