Baker Hughes Announces October 2010 Rig Counts

Baker Hughes Announces October 2010 Rig Counts

Houston, Texas – November 5, 2010. Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for October 2010 was 1,099, down 21 from the 1,120 counted in September 2010, and up 116 from the 983 counted in October 2009. The international offshore rig count for October 2010 was 305, down 12 from the 317 counted in September 2010 and up 38 from the 267 counted in October 2009.

The US rig count for October 2010 was 1,668 up 13 from the 1,655 counted in September 2010 and up 624 from the 1,044 counted in October 2009. The Canadian rig count for October 2010 was 398, up 51 from the 347 counted in September 2010 and up 154 from the 244 counted in October 2009.

The worldwide rig count for October 2010 was 3,165, up 43 from the 3,122 counted in September 2010 and up 894 from the 2,271 counted in October 2009.

October 2010 Rotary Rig Counts

 
 
October 2010
 
 
September 2010
October 2009
 
 
Land
OS
Total
 
Var.
 
Land
OS
Total
 
Land
OS
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Europe
44
51
95
 
1
 
46
48
94
 
43
41
84
 
Middle East
237
33
270
 
(6)
 
241
35
276
 
205
34
239
 
Africa
55
28
83
 
(5)
 
59
29
88
 
47
15
62
 
Latin America
303
74
377
 
(4)
 
305
76
381
 
282
69
351
 
Asia Pacific
155
119
274
 
(7)
 
152
129
281
 
139
108
247
International
794
305
1099
 
(21)
 
803
317
1120
 
 
716
267
983
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
United States
1647
21
1668
 
13
 
1635
20
1655