Baker Hughes Announces September 2009 Rig Counts

HOUSTON, Oct. 7 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for September 2009 was 986, up 39 from the 947 counted in August 2009, and down 122 from the 1,108 counted in September 2008. The international offshore rig count for September 2009 was 275, up 14 from the 261 counted in August 2009 and down 18 from the 293 counted in September 2008.

The US rig count for September 2009 was 1009, up 29 from the 980 counted in August 2009 and down 1,005 from the 2,014 counted in September 2008. The Canadian rig count for September 2009 was 208, up 30 from the 178 counted in August 2009 and down 227 from the 435 counted in September 2008.


The worldwide rig count for September 2009 was 2,203, up 98 from the 2,105 counted in August 2009 and down 1,354 from the 3,557 counted in September 2008.

September 2009 Rotary Rig Counts

                        September 2009         August 2009   September 2008
                       Land   OS  Total Var. Land  OS  Total Land OS  Total
        Europe          38    45    83   5    37   41   78    49  50   99
        Middle East    213    32   245  11   203   31  234   248  43  291
        Africa          42    15    57  (1)   44   14   58    53  15   68
        Latin America  281    74   355  11   268   76  344   324  74  398
        Asia Pacific   137   109   246  13   134   99  233   141 111  252
                       ---   ---   ---      ---   --  ---   --- ---  ---
     International     711   275   986  39   686  261  947   815 293 1108


        United States  976    33  1009  29   949   31  980  1942  72 2014
        Canada         206     2   208  30   177    1  178   434   1  435
                       ---     -   ---      ---    -  ---   ---   -  ---
     North America    1182    35  1217  59  1126   32 1158  2376  73 2449

     Worldwide        1893   310  2203  98  1812  293 2105  3191 366 3557


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

SOURCE Baker Hughes Incorporated

Gary R. Flaharty, +1-713-439-8039, or H. Gene Shiels, +1-713-439-8822, both of Baker Hughes Incorporated