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Baker Hughes Announces September 2010 Rig Counts

Houston, Texas - October 7, 2010. Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for September 2010 was 1,120, up 18 from the 1,102 counted in August 2010, and up 134 from the 986 counted in September 2009.

The international offshore rig count for September 2010 was 317, up 10 from the 307 counted in August 2010 and up 43 from the 274 counted in September 2009. 

The US rig count for September 2010 was 1,655 up 17 from the 1,638 counted in August 2010 and up 646 from the 1,009 counted in September 2009.

The Canadian rig count for September 2010 was 347, down 40 from the 387 counted in August 2010 and up 139 from the 208 counted in September 2009.

The worldwide rig count for September 2010 was 3,122, down 5 from the 3,127 counted in August 2010 and up 919 from the 2,203 counted in September 2009.  

September 2010 Rotary Rig Counts


September 2010 August 2010 September 2009 Land OS Total Var. Land OS Total Land OS Total Europe 46 48 94 10 44 40 84 39* 44* 83 Middle East 241 35 276 5 234 37 271 213 32 245 Africa 59 29 88 4 59 25 84 42 15 57 Latin America 305 76 381 (7) 311 77 388 281 74 355 Asia Pacific 152 129 281 6 147 128 275 137 109 246 International 803 317 1120 18 795 307 1102 712 274 986 United States 1635 20 1655 17 1618 20 1638 976 33 1009 Canada 345 2 347 (40) 386 1 387 206 2 208 North America 1980 22 2002 (23) 2004 21 2025 1182 35 1217 Worldwide 2783 339 3122 (5) 2799 328 3127 1894 309 2203 * One rig was reclassified from offshore to land.        

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.  

Baker Hughes provides reservoir consulting, drilling, pressure pumping, formation evaluation, completion and production products and services to the worldwide oil and gas industry.

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