Baker Hughes Announces August 2010 Rig Counts

Houston, Texas – September 8, 2010. Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for August 2010 was 1,102, down 7 from the 1,109 counted in July 2010, and up 155 from the 947 counted in August 2009. The international offshore rig count for August 2010 was 307, down 4 from the 311 counted in July 2010 and up 47 from the 260 counted in August 2009.

The US rig count for August 2010 was 1,638 up 65 from the 1,573 counted in July 2010 and up 658 from the 980 counted in August 2009. The Canadian rig count for August 2010 was 387, up 37 from the 350 counted in July 2010 and up 209 from the 178 counted in August 2009.

The worldwide rig count for August 2010 was 3,127, up 95 from the 3,032 counted in July 2010 and up 1,022 from the 2,105 counted in August 2009.

August 2010 Rotary Rig Counts

 
 
August 2010
 
 
July 2010
August 2009
 
 
Land
OS
Total
 
Var.
 
Land
OS
Total
 
Land
OS
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Europe
44
40
84
 
(14)
 
48
50
98
 
38*
40*
78
 
Middle East
234
37
271
 
(2)
 
236
37
273
 
203
31
234
 
Africa
59
25
84
 
5
 
56
23
79
 
44
14
58
 
Latin America
311
77
388
 
1
 
309
78
387
 
268
76
344
 
Asia Pacific
147
128
275
 
3
 
149
123
272
 
134
99
233
International
795
307
1102
 
(7)
 
798
311
1109
 
 
687
260
947
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
United States
1618
20
1638
 
65
 
1558
15
1573
 
949
31
980
 
Canada
386
1
387
 
37
 
348
2
350
 
177
1
178
North America
2004
21
2025
 
102
 
1906
17
1923
 
1126
32
1158
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Worldwide
2799
328
3127
 
95
 
2704
328
3032
 
1813
292
2105

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.

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

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