HOUSTON, June 5, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for May 2009 was 993, up 7 from the 986 counted in April 2009, and down 82 from the 1,075 counted in May 2008. The international offshore rig count for May 2009 was 272, down 1 from the 273 counted in April 2009 and down 33 from the 305 counted in May 2008.
The US rig count for May 2009 was 918, down 77 from the 995 counted in April 2009 and down 945 from the 1,863 counted in May 2008. The Canadian rig count for May 2009 was 72, down 2 from the 74 counted in April 2009 and down 63 from the 135 counted in May 2008.
The worldwide rig count for May 2009 was 1,983, down 72 from the 2,055 counted in April 2009 and down 1,090 from the 3,073 counted in May 2008.
May 2009 Rotary Rig Counts May 2009 April 2009 May 2008 Land OS Total Var. Land OS Total Land OS Total ------------------------------------------------------------------------- Europe 37 45 82 (4) 30 56 86 47 54 101 Middle East 224 29 253 0 223 30 253 247 31 278 Africa 49 13 62 0 50 12 62 52 14 66 Latin America 280 77 357 8 278 71 349 282 85 367 Asia Pacific 131 108 239 3 132 104 236 142 121 263 --- --- --- --- --- --- --- --- --- International 721 272 993 7 713 273 986 770 305 1075 United States 864 54 918 (77) 947 48 995 1795 68 1863 Canada 71 1 72 (2) 73 1 74 135 0 135 --- --- --- --- --- --- --- --- --- North America 935 55 990 (79) 1020 49 1069 1930 68 1998 ------------------------------------------------------------------------- Worldwide 1656 327 1983 (72) 1733 322 2055 2700 373 3073About 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) 439-8822SOURCE Baker Hughes Incorporated
http://www.bakerhughes.comCopyright (C) 2009 PR Newswire. All rights reserved
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