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      Baker Hughes Announces December 2014 Rig Counts


      News provided by

      Baker Hughes Incorporated

      Jan 09, 2015, 06:00 ET

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      HOUSTON, Jan. 9, 2015 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for December 2014 was 1,313, down 11 from the 1,324 counted in November 2014, and down 22 from the 1,335 counted in December 2013. The international offshore rig count for December 2014 was 338, down 3 from the 341 counted in November 2014, and up 32 from the 306 counted in December 2013. 

      The average U.S. rig count for December 2014 was 1,882, down 43 from the 1,925 counted in November 2014, and up 111 from the 1,771 counted in December 2013. The average Canadian rig count for December 2014 was 375, down 46 from the 421 counted in November 2014, and up 3 from the 372 counted in December 2013.

      The worldwide rig count for December 2014 was 3,570, down 100 from the 3,670 counted in November 2014, and up 92 from the 3,478 counted in December 2013.      

      December 2014 Rotary Rig Counts




      Dec 2014


      Month


      Nov 2014


      Dec 2013




      Land

      Offshore

      Total


      Variance


      Land

      Offshore

      Total


      Land

      Offshore

      Total


















      Latin America

      287

      82

      369


      -6


      292

      83

      375


      341

      76

      417


      Europe


      97

      51

      148


      -1


      97

      52

      149


      87

      39

      126


      Africa


      91

      47

      138


      -4


      94

      48

      142


      102

      36

      138


      Middle East

      358

      45

      403


      0


      358

      45

      403


      359

      46

      405


      Asia Pacific

      142

      113

      255


      0


      142

      113

      255


      140

      109

      249

      International

      975

      338

      1,313


      -11


      983

      341

      1,324


      1,029

      306

      1,335


















      United States

      1,823

      59

      1,882


      -43


      1,872

      53

      1,925


      1,710

      61

      1,771


      Canada


      373

      2

      375


      -46


      420

      1

      421


      370

      2

      372

      North America

      2,196

      61

      2,257


      -89


      2,292

      54

      2,346


      2,080

      63

      2,143

















      Worldwide


      3,171

      399

      3,570


      -100


      3,275

      395

      3,670


      3,109

      369

      3,478

































      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 61,000-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, [email protected]

      Investor Relations: 

      Trey Clark, +1.713.439.8039, [email protected]


      Alondra Oteyza, +1.713.439.8822, [email protected]

      SOURCE Baker Hughes Incorporated

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