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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

Copyright 2010 Baker Hughes Incorporated

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