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Baker Hughes Announces January 2013 Rig Counts

HOUSTON, Feb. 7, 2013 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for January 2013 was 1,279, up 26 from the 1,253 counted in December 2012, and up 108 from the 1,171 counted in January 2012. The international offshore rig count for January 2013 was 307, up 8 from the 299 counted in December 2012 and unchanged from the 307 counted in January 2012.

The average U.S. rig count for January 2013 was 1,757, down 27 from the 1,784 counted in December 2012 and down 246 from the 2,003 counted in January 2012. The average Canadian rig count for January 2013 was 503, up 150 from the 353 counted in December 2012 and down 74 from the 577 counted in January 2012.

The worldwide rig count for January 2013 was 3,539, up 149 from the 3,390 counted in December 2012 and down 212 from the 3,751 counted in January 2012.

January 2013 Rotary Rig Counts

		January 2013			Month	December 2012			January 2012
		Land	OS	Total	Variance	Land	OS	Total	Land	OS	Total

	Europe	80	54	134	-2	77	59	136	71	37	108
	Middle East*	334	45	379	16	321	42	363	263	48	311
	Africa	81	34	115	13	71	31	102	44	34	78
	Latin America	337	77	414	0	341	73	414	334	86	420
	Asia Pacific	140	97	237	-1	144	94	238	152	102	254
International		972	307	1,279	26	954	299	1,253	864	307	1,171

	United States	1,705	52	1,757	-27	1,734	50	1,784	1,960	43	2,003
	Canada	502	1	503	150	352	1	353	577	0	577
North America		2,207	53	2,260	123	2,086	51	2,137	2,537	43	2,580

Worldwide		3,179	360	3,539	149	3,040	350	3,390	3,401	350	3,751

*	Middle East rig count for January 2012 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 www.bakerhughes.com.


CONTACTS:
Media Relations:	Teresa Wong, +1.713.439.8110, teresa.wong@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