2014

Baker Hughes Announces June 2014 Rig Counts

HOUSTON, July 8, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for June 2014 was 1,336, down 14 from the 1,350 counted in May 2014, and up 3 from the 1,333 counted in June 2013. The international offshore rig count for June 2014 was 314, down 12 from the 326 counted in May 2014, and down 23 from the 337 counted in June 2013. 

The average U.S. rig count for June 2014 was 1,861, up 2 from the 1,859 counted in May 2014, and up 100 from the 1,761 counted in June 2013. The average Canadian rig count for June 2014 was 240, up 78 from the 162 counted in May 2014, and up 57 from the 183 counted in June 2013.

The worldwide rig count for June 2014 was 3,437, up 66 from the 3,371 counted in May 2014, and up 160 from the 3,277 counted in June 2013.      

June 2014 Rotary Rig Counts




June 2014


Month


May 2014


June 2013




Land

Offshore

Total


Variance


Land

Offshore

Total


Land

Offshore

Total


















Latin America


328

70

398


-6


333

71

404


328

95

423


Europe


97

42

139


-10


93

56

149


87

51

138


Africa


87

36

123


-17


100

40

140


93

40

133


Middle East


374

51

425


11


367

47

414


346

43

389


Asia Pacific


136

115

251


8


131

112

243


142

108

250

International


1,022

314

1,336


-14


1,024

326

1,350


996

337

1,333


















United States


1,803

58

1,861


2


1,801

58

1,859


1,706

55

1,761


Canada


238

2

240


78


160

2

162


182

1

183

North America


2,041

60

2,101


80


1,961

60

2,021


1,888

56

1,944

















Worldwide


3,063

374

3,437


66


2,985

386

3,371


2,884

393

3,277

































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
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