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Baker Hughes Announces July 2014 Rig Counts

HOUSTON, Aug. 7, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for July 2014 was 1,382, up 38 from the 1,344 counted in June 2014, and up 77 from the 1,305 counted in July 2013. The international offshore rig count for July 2014 was 336, up 16 from the 320 counted in June 2014, and up 16 from the 320 counted in July 2013. 

The average U.S. rig count for July 2014 was 1,876, up 15 from the 1,861 counted in June 2014, and up 110 from the 1,766 counted in July 2013. The average Canadian rig count for July 2014 was 350, up 110 from the 240 counted in June 2014, and up 59 from the 291 counted in July 2013.

The worldwide rig count for July 2014 was 3,608, up 163 from the 3,445 counted in June 2014, and up 246 from the 3,362 counted in July 2013.      

July 2014 Rotary Rig Counts

     

July 2014

 

Month

 

June 2014

 

July 2013

     

Land

Offshore

Total

 

Variance

 

Land

Offshore

Total

 

Land

Offshore

Total

                               
 

Latin America

339

68

407

 

9

 

328

70

398

 

331

87

418

 

Europe

 

98

55

153

 

6

 

99

48

147

 

90

49

139

 

Africa

 

91

46

137

 

14

 

87

36

123

 

90

38

128

 

Middle East

378

54

432

 

7

 

374

51

425

 

332

47

379

 

Asia Pacific

140

113

253

 

2

 

136

115

251

 

142

99

241

International

1,046

336

1,382

 

38

 

1,024

320

1,344

 

985

320

1,305

                               
 

United States

1,819

57

1,876

 

15

 

1,803

58

1,861

 

1,708

58

1,766

 

Canada

 

348

2

350

 

110

 

238

2

240

 

288

3

291

North America

2,167

59

2,226

 

125

 

2,041

60

2,101

 

1,996

61

2,057

                               

Worldwide

 

3,213

395

3,608

 

163

 

3,065

380

3,445

 

2,981

381

3,362

                               
                               

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 59,000-plus employees today work in more than 80 countries helping customers find, evaluate, drill, produce, transport and process hydrocarbon resources. For more information about Baker Hughes, visit: www.bakerhughes.com.

SOURCE Baker Hughes Incorporated

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