Baker Hughes Announces November 2009 Rig Counts

Houston, Texas - December 7, 2009. Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for November 2009 was 1,025, up 42 from the 983 counted in October 2009, and down 71 from the 1,096 counted in November 2008.  The international offshore rig count for November 2009 was 284, up 17 from the 267 counted in October 2009 and down 13 from the 297 counted in November 2008.  

The US rig count for November 2009 was 1,107, up 63 from the 1,044 counted in October 2009 and down 828 from the 1,935 counted in November 2008. The Canadian rig count for November 2009 was 277, up 33 from the 244 counted in October 2009 and down 140 from the 417 counted in November 2008.

The worldwide rig count for November 2009 was 2,409, up 138 from the 2,271 counted in October 2009 and down 1,039 from the 3,448 counted in November 2008.   

November 2009 Rotary Rig Counts

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.