2014

Baker Hughes Announces August 2013 Rig Counts

HOUSTON, Sept. 9, 2013 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for August 2013 was 1,267, down 38 from the 1,305 counted in July 2013, and up 6 from the 1,261 counted in August 2012. The international offshore rig count for August 2013 was 309, down 11 from the 320 counted in July 2013, and up 9 from the 300 counted in August 2012. 

The average U.S. rig count for August 2013 was 1,781, up 15 from the 1,766 counted in July 2013, and down 113 from the 1,894 counted in August 2012. The average Canadian rig count for August 2013 was 368, up 77 from the 291 counted in July 2013, and up 52 from the 316 counted in August 2012.

The worldwide rig count for August 2013 was 3,416, up 54 from the 3,362 counted in July 2013, and down 55 from the 3,471 counted in August 2012.      

August 2013 Rotary Rig Counts




August 2013


Month


July 2013


August 2012




Land

Offshore

Total


Variance


Land

Offshore

Total


Land

Offshore

Total


















Latin America

318

81

399


-19


331

87

418


337

80

417


Europe


88

55

143


4


90

49

139


71

47

118


Africa


93

32

125


-3


90

38

128


80

31

111


Middle East*

317

45

362


-17


332

47

379


341

47

388


Asia Pacific

142

96

238


-3


142

99

241


132

95

227

International

958

309

1,267


-38


985

320

1,305


961

300

1,261


















United States

1,720

61

1,781


15


1,708

58

1,766


1,843

51

1,894


Canada


364

4

368


77


288

3

291


315

1

316

North America

2,084

65

2,149


92


1,996

61

2,057


2,158

52

2,210

















Worldwide


3,042

374

3,416


54


2,981

381

3,362


3,119

352

3,471

















*

The Middle East rig count excludes rigs in Syria for July and August 2013.










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 on Baker Hughes' century-long history, visit www.bakerhughes.com.

CONTACTS:


Media Relations:   

Christine Mathers, + 1.713.439.8738, christine.mathers@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 Incorporated



RELATED LINKS
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