Baker Hughes Announces April 2010 Rig Counts

HOUSTON, May 7 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for April 2010 was 1,074, unchanged from the 1,074 counted in March 2010, and up 88 from the 986 counted in April 2009.  The international offshore rig count for April 2010 was 308, up 13 from the 295 counted in March 2010 and up 36 from the 272 counted in April 2009.  

The US rig count for April 2010 was 1,479, up 60 from the 1,419 counted in March 2010 and up 484 from the 995 counted in April 2009.  The Canadian rig count for April 2010 was 123, down 263 from the 386 counted in March 2010 and up 49 from the 74 counted in April 2009.

The worldwide rig count for April 2010 was 2,676, down 203 from the 2,879 counted in March 2010 and up 621 from the 2,055 counted in April 2009.  

April 2010 Rotary Rig Counts

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.  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 at http://investor.shareholder.com/bhi/rig_counts/rc_index.cfm .

Baker Hughes provides reservoir consulting, drilling, formation evaluation, completion and production products and services to the worldwide oil and gas industry.

SOURCE Baker Hughes Incorporated