Baker Hughes Announces November 2009 Rig Counts
December 07 2009 - 5:00AM
PR Newswire (US)
HOUSTON, Dec. 7 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated
(NYSE: BHI) announced today that the international rig count for
November 2009 was 1,025, up 42 from the 983 counted in October
2009, and down 71 from the 1,096 counted in November 2008. The
international offshore rig count for November 2009 was 284, up 17
from the 267 counted in October 2009 and down 13 from the 297
counted in November 2008. The US rig count for November 2009 was
1,107, up 63 from the 1,044 counted in October 2009 and down 828
from the 1,935 counted in November 2008. The Canadian rig count for
November 2009 was 277, up 33 from the 244 counted in October 2009
and down 140 from the 417 counted in November 2008. The worldwide
rig count for November 2009 was 2,409, up 138 from the 2,271
counted in October 2009 and down 1,039 from the 3,448 counted in
November 2008. November 2009 Rotary Rig Counts November 2009
October 2009 November 2008 Land OS Total Var. Land OS Total Land OS
Total
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Europe 40 46 86 2 43 41 84 55 52 107 Middle East 221 32 253 14 205
34 239 244 36 280 Africa 54 14 68 6 47 15 62 45 14 59 Latin America
284 77 361 10 282 69 351 320 77 397 Asia Pacific 142 115 257 10 139
108 247 135 118 253 ---- --- ---- ---- --- ---- ---- --- ----
International 741 284 1025 42 716 267 983 799 297 1096 United
States 1071 36 1107 63 1011 33 1044 1873 62 1935 Canada 277 0 277
33 243 1 244 415 2 417 ---- --- ---- ---- --- ---- ---- --- ----
North America 1348 36 1384 96 1254 34 1288 2288 64 2352
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Worldwide 2089 3 2409 138 1970 301 2271 3087 361 3448 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://www.bakerhughes.com/investor/rig. Baker Hughes provides
reservoir consulting, drilling, formation evaluation, completion
and production products and services to the worldwide oil and gas
industry. Contacts: Gary R. Flaharty (713) 439-8039 H. Gene Shiels
(713) 439-8822 DATASOURCE: Baker Hughes Incorporated CONTACT: Gary
R. Flaharty, +1-713-439-8039, or H. Gene Shiels, +1-713-439-8822,
both of Baker Hughes Incorporated Web Site:
http://www.bakerhughes.com/
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