Baker Hughes Announces June 2010 Rig Counts

Houston, Texas – July 8, 2010. Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for June 2010 was 1,099, up 9 from the 1,090 counted in May 2010, and up 132 from the 967 counted in June 2009. The international offshore rig count for June 2010 was 312, up 14 from the 298 counted in May 2010 and up 45 from the 267 counted in June 2009.

The Middle East rig count reflects a 14-rig increase in Syria solely attributable to an improvement in our counting methodology.

The US rig count for June 2010 was 1,531, up 18 from the 1,513 counted in May 2010 and up 636 from the 895 counted in June 2009. The Canadian rig count for June 2010 was 229, up 82 from the 147 counted in May 2010 and up 104 from the 125 counted in June 2009.

The worldwide rig count for June 2010 was 2,859, up 109 from the 2,750 counted in May 2010 and up 872 from the 1,987 counted in June 2009.

June 2010 Rotary Rig Counts

 
 
June 2010
 
 
May 2010
June 2009
 
 
Land
OS
Total
 
Var.
 
Land
OS
Total
 
Land
OS
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Europe
45
52
97
 
9
 
46
42
88
 
35*
42*
77
 
Middle East
223
36
259
 
5
 
220
34
254
 
213
34
247
 
Africa
61
23
84
 
(1)
 
61
24
85
 
51
13
64
 
Latin America
314
74
388
 
(7)
 
316
79
395
 
268
75
343
 
Asia Pacific
144
127
271
 
3
 
149
119
268
 
133
103
236
International
787
312
1099
 
9
 
792
298
1090
 
 
700
267
967
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
United States
1511
20
1531
 
18
 
1464
49
1513
 
848
47
895
 
Canada
227
2
229
 
82
 
146
1
147
 
124
1
125
North America
1738
22
1760
 
100
 
1610
50
1660
 
972
48
1020
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Worldwide
2525
334
2859
 
109
 
2402
348
2750
 
1672
315
1987

* One rig was reclassified from offshore to land.

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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