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.

CONTACTS:


Media Relations:     

Melanie Kania, + 1.713.439.8303, melanie.kania@bakerhughes.com

Investor Relations:   

Trey Clark, +1.713.439.8039, trey.clark@bakerhughes.com


Alondra Oteyza, +1.713.439.8822, alondra.oteyza@bakerhughes.com

SOURCE Baker Hughes Incorporated



RELATED LINKS
http://www.bakerhughes.com

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