Baker Hughes Announces September 2012 Rig Counts

HOUSTON, Oct. 5, 2012 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for September 2012 was 1,254, down 7 from the 1,261 counted in August 2012, and up 80 from the 1,174 counted in September 2011. The international offshore rig count for September 2012 was 293, down 7 from the 300 counted in August 2012 and down 11 from the 304 counted in September 2011. 

The average U.S. rig count for September 2012 was 1,859, down 54 from the 1,913 counted in August 2012 and down 119 from the 1,978 counted in September 2011. The average Canadian rig count for September 2012 was 356, up 40 from the 316 counted in August 2012 and down 154 from the 510 counted in September 2011.

The worldwide rig count for September 2012 was 3,469, down 21 from the 3,490 counted in August 2012 and down 193 from the 3,662 counted in September 2011.      

September 2012 Rotary Rig Counts



September 2012


Month


August 2012


September 2011



Land

OS

Total


Variance


Land

OS

Total


Land

OS

Total

















Europe

78

46

124


6


71

47

118


74

46

120


Middle East*

336

45

381


-7


341

47

388


255

37

292


Africa

84

24

108


-3


80

31

111


52

26

78


Latin America

331

80

411


-6


337

80

417


341

91

432


Asia Pacific

132

98

230


3


132

95

227


148

104

252

International

961

293

1,254


-7


961

300

1,261


870

304

1,174

















United States

1,808

51

1,859


-54


1,863

50

1,913


1,946

32

1,978


Canada

355

1

356


40


315

1

316


509

1

510

North America

2,163

52

2,215


-14


2,178

51

2,229


2,455

33

2,488
















Worldwide

3,124

345

3,469


-21


3,139

351

3,490


3,325

337

3,662
















*

Middle East rig count for September 2011 does not include Iraq







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.  Baker 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 is a leading supplier of oilfield services, products, technology and systems to the worldwide oil and natural gas industry. The company's 58,000-plus employees today work in more than 80 countries helping customers find, evaluate, drill, produce, transport and process hydrocarbon resources. For more information on Baker Hughes' century-long history, visit http://www.bakerhughes.com/.

CONTACTS:

Media Relations:  

Teresa Wong, +1.713.439.8110, teresa.wong@bakerhughes.com


Pam Easton, +1.713.439.8391, pamela.easton@bakerhughes.com

Investor Relations:     

Trey Clark, +1.713.439.8039, trey.clark@bakerhughes.com


Eric Holcomb, +1.713.439.8822, eric.s.holcomb@bakerhughes.com

SOURCE Baker Hughes