Baker Hughes Announces October 2013 Rig Counts

HOUSTON, Nov. 7, 2013 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for October 2013 was 1,315, up 31 from the 1,284 counted in September 2013, and up 56 from the 1,259 counted in October 2012. The international offshore rig count for October 2013 was 316, up 3 from the 313 counted in September 2013, and up 10 from the 306 counted in October 2012. 

The average U.S. rig count for October 2013 was 1,744, down 16 from the 1,760 counted in September 2013, and down 90 from the 1,834 counted in October 2012. The average Canadian rig count for October 2013 was 378, down 9 from the 387 counted in September 2013, and up 13 from the 365 counted in October 2012.

The worldwide rig count for October 2013 was 3,437, up 6 from the 3,431 counted in September 2013, and down 21 from the 3,458 counted in October 2012.

October 2013 Rotary Rig Counts




October 2013


Month


September 2013


October 2012




Land

Offshore

Total


Variance


Land

Offshore

Total


Land

Offshore

Total


















Latin America

332

88

420


16


319

85

404


329

83

412


Europe


90

46

136


-3


88

51

139


76

48

124


Africa


96

35

131


12


84

35

119


74

30

104


Middle East*

342

41

383


4


337

42

379


334

43

377


Asia Pacific

139

106

245


2


143

100

243


140

102

242

International

999

316

1,315


31


971

313

1,284


953

306

1,259


















United States

1,683

61

1,744


-16


1,695

65

1,760


1,785

49

1,834


Canada


374

4

378


-9


382

5

387


364

1

365

North America

2,057

65

2,122


-25


2,077

70

2,147


2,149

50

2,199

















Worldwide


3,056

381

3,437


6


3,048

383

3,431


3,102

356

3,458

















* The Middle East rig count excludes rigs in Syria for September and October 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 60,000-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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