Baker Hughes Announces June 2009 Rig Counts

HOUSTON, July 8 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for June 2009 was 967, down 26 from the 993 counted in May 2009, and down 135 from the 1,102 counted in June 2008. The international offshore rig count for June 2009 was 269, down 3 from the 272 counted in May 2009 and down 52 from the 321 counted in June 2008.

The US rig count for June 2009 was 895, down 23 from the 918 counted in May 2009 and down 1,006 from the 1,901 counted in June 2008. The Canadian rig count for June 2009 was 125, up 53 from the 72 counted in May 2009 and down 141 from the 266 counted in June 2008.

The worldwide rig count for June 2009 was 1,987, up 4 from the 1,983 counted in May 2009 and down 1,282 from the 3,269 counted in June 2008.


    June 2009 Rotary Rig Counts

                            June 2009           May 2009        June 2008
                      Land  OS  Total  Var.  Land  OS  Total  Land  OS  Total
    -------------------------------------------------------------------------
        Europe          33  44   77    (5)    37    45   82     45   52    97
        Middle East    213  34  247    (6)   224    29  253    244   33   277
        Africa          51  13   64     2     49    13   62     50   15    65
        Latin America  268  75  343   (14)   280    77  357    309   89   398
        Asia Pacific   133 103  236    (3)   131   108  239    133  132   265
                       --- ---  ---     -    ---   ---  ---    ---  ---   ---
    International      698 269  967   (26)   721   272  993    781  321  1102


        United States  848  47  895   (23)   864    54  918   1834   67  1901
        Canada         124   1  125    53     71     1   72    266    0   266
    -------------------------------------------------------------------------
    North America      972  48 1020    30    935    55  990   2100   67  2167

    Worldwide         1670 317 1987     4   1656   327 1983   2881  388  3269

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:
    Gary R. Flaharty (713) 439-8039
    H. Gene Shiels (713) 439-8822
    Baker Hughes Incorporated

SOURCE  Baker Hughes Incorporated

    -0-                           07/08/2009
    /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:  OIL MAR
SU:

PR
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0349 07/08/2009 06:00 EDT http://www.prnewswire.com