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Baker Hughes Inc (NYSE:BHI)4:00 PM ET
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Baker Hughes Announces June 2010 Rig Counts
Thursday, July 8, 2010 6:00 AM
- PR Newswire
  BHI
  39.03 -0.39
  RELATED SYMBOLS
  BHI
  39.03 -0.39

HOUSTON, July 8, 2010 /PRNewswire via COMTEX/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for June 2010 was 1,099, up 9 from the 1,090 counted in May 2010, and up 132 from the 967 counted in June 2009. The international offshore rig count for June 2010 was 312, up 14 from the 298 counted in May 2010 and up 45 from the 267 counted in June 2009.

The Middle East rig count reflects a 14-rig increase in Syria solely attributable to an improvement in our counting methodology.

The US rig count for June 2010 was 1,531, up 18 from the 1,513 counted in May 2010 and up 636 from the 895 counted in June 2009. The Canadian rig count for June 2010 was 229, up 82 from the 147 counted in May 2010 and up 104 from the 125 counted in June 2009.

The worldwide rig count for June 2010 was 2,859, up 109 from the 2,750 counted in May 2010 and up 872 from the 1,987 counted in June 2009.


June 2010 Rotary Rig Counts




June 2010 May 2010
Land OS Total Var. Land OS Total
---- --- ----- ---- ---- --- -----

Europe 45 52 97 9 46 42 88
Middle East 223 36 259 5 220 34 254
Africa 61 23 84 (1) 61 24 85
Latin America 314 74 388 (7) 316 79 395
Asia Pacific 144 127 271 3 149 119 268
--- --- --- --- --- ---
International 787 312 1099 9 792 298 1090

United States 1511 20 1531 18 1464 49 1513
Canada 227 2 229 82 146 1 147
--- --- --- --- --- ---
North America 1738 22 1760 100 1610 50 1660


Worldwide 2525 334 2859 109 2402 348 2750






June 2009
Land OS Total
---- --- -----

Europe 35* 42* 77
Middle East 213 34 247
Africa 51 13 64
Latin America 268 75 343
Asia Pacific 133 103 236
--- --- ---
International 700 267 967


United States 848 47 895
Canada 124 1 125
--- --- ---
North America 972 48 1020


Worldwide 1672 315 1987





* One rig was reclassified from offshore to land.


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.

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



Contact:
Gary R. Flaharty, +1.713.439.8039, gflaharty @ bakerhughes.com



SOURCE Baker Hughes Incorporated

Copyright (C) 2010 PR Newswire. All rights reserved



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