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Baker Hughes announces January 2013 rig counts

Friday, Feb 08, 2013

HOUSTON, Feb. 7, 2013 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for January 2013 was 1,279, up 26 from the 1,253 counted in December 2012, and up 108 from the 1,171 counted in January 2012. The international offshore rig count for January 2013 was 307, up 8 from the 299 counted in December 2012 and unchanged from the 307 counted in January 2012.

The average U.S. rig count for January 2013 was 1,757, down 27 from the 1,784 counted in December 2012 and down 246 from the 2,003 counted in January 2012. The average Canadian rig count for January 2013 was 503, up 150 from the 353 counted in December 2012 and down 74 from the 577 counted in January 2012.

The worldwide rig count for January 2013 was 3,539, up 149 from the 3,390 counted in December 2012 and down 212 from the 3,751 counted in January 2012.

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.

SOURCE Baker Hughes

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