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      Baker Hughes Announces July 2014 Rig Counts


      News provided by

      Baker Hughes Incorporated

      Aug 07, 2014, 06:00 ET

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      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, [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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