HOUSTON, Oct. 5 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced today that the international rig count for September 2007 was 1,032, up 23 from the 1,009 counted in August 2007,
and up 83 from the 949 counted in September 2006. The international offshore rig count for September 2007 was 285, up 5 from the 280 counted in August 2007 and up 21 from the 264 counted in September 2006.
The US rig count for September 2007 was 1,783, down 21 from the 1,804 counted in August 2007 and up 44 from the 1,739 counted in September 2006. The Canadian rig count for September 2007 was 351, up 8 from the 343 counted in August 2007 and down 95 from the 446 counted in September 2006.
The worldwide rig count for September 2007 was 3,166, up 10 from the 3,156 counted in August 2007 and up 32 from the 3,134 counted in September 2006.
September 2007 Rotary Rig Counts
September 2007 August 2007 September 2006
Land OS Total Var. Land OS Total Land OS Total
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Europe 31 46 77 (5) 26 56 82 28 48 76
Middle East 239 34 273 3 234 36 270 226 27 253
Africa 57 16 73 5 55 13 68 47 17 64
Latin
America 291 72 363 15 285 63 348 268 64 332
Asia Pacific 129 117 246 5 129 112 241 116 108 224
--- --- --- --- --- --- --- --- ---
International 747 285 1032 23 729 280 1009 685 264 949
United
States 1718 65 1783 (21) 1731 73 1804 1647 92 1739
Canada 348 3 351 8 341 2 343 441 5 446
--- - --- --- - --- --- - ---
North America 2066 68 2134 (13) 2072 75 2147 2088 97 2185
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Worldwide 2813 353 3166 10 2801 355 3156 2773 361 3134
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 is a leading provider of drilling, formation evaluation, completion and production products and services to the worldwide oil and gas industry.
Source: Baker Hughes Incorporated
Web site: http://www.bakerhughes.com
Copyright © 2007 PR Newswire Association LLC. All rights reserved.
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