Thursday, March 22, 2012

Baker Hughes Announces April 2005 Rig Counts

HOUSTON, May 6 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated(NYSE: BHI) announced today that the international rig count for April 2005was 898 up 7 from the 891 counted in March 2005, and up 66 from the 832counted in April 2004. The international offshore rig count for April 2005was 266, up 12 from the 254 counted in March 2005 and up 6 from the 260counted in April 2004.


The US rig count for April 2005 was 1,334, up 28 from the 1,306 counted inMarch 2005 and up 183 from the 1,151 counted in April 2004. The Canadian rigcount for April 2005 was 182, down 238 from the 420 counted in March 2005 andup 29 from the 153 counted in April 2004.


The worldwide rig count for April 2005 was 2,414, down 203 from the 2,617counted in March 2005 and up 278 from the 2,136 counted in April 2004.

April 2005 Rotary Rig Counts April 2005 March 2005 April 2004 --------------- -------------- --------------- Land OS Total Var. Land OS Total Land OS Total ------------------------------------------------------------------------ Europe 25 41 66 -5 25 46 71 30 50 80 Middle East 209 37 246 0 213 33 246 194 32 226 Africa 40 12 52 1 37 14 51 32 14 46 Latin America 254 66 320 6 256 58 314 213 72 285 Asia Pacific 104 110 214 5 106 103 209 103 92 195 International 632 266 898 7 637 254 891 572 260 832 United States 1,241 93 1,334 28 1,210 96 1,306 1,058 93 1,151 Canada 179 3 182 -238 418 2 420 149 4 153 North America 1,420 96 1,516 -210 1,628 98 1,726 1,207 97 1,304 ------------------------------------------------------------------------ Worldwide 2,052 362 2,414 -203 2,265 352 2,617 1,779 357 2,136 ======================================================================== April 2005 Workover Rig Counts April 2005 Var. March 2005 April 2004 ------------------------------------------------------------------------ United States 1,297 -2 1,259 1,228 Canada 348 -52 718 194 ------------------------------------------------------------------------ North America 1,645 -17 1,977 1,422 ======================================================================== About the Baker Hughes Rig Counts

The Baker Hughes Rotary Rig Counts are counts of the number of drillingrigs actively exploring for or developing oil or natural gas in the UnitedStates, Canada and international markets. Baker Hughes has issued the rotaryrig counts as a service to the petroleum industry since 1944, when Hughes ToolCompany began weekly counts of US and Canadian drilling activity. Hughesinitiated the monthly international rig count in 1975. In 1987, Baker OilTools began its monthly workover rig count.


North American rig count data is scheduled to be released at noon centraltime on the last working day of each week. The international rig count andNorth American workover rig counts are scheduled to be released on the 5thworking day of the month. Additional detailed information on the Baker Hughesrig counts is available from our website athttp://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 gasindustry.


NOT INTENDED FOR BENEFICIAL HOLDERS


Contacts:


Gary R. Flaharty (713) 439-8039
H. Gene Shiels (713) 439-8822


SOURCE Baker Hughes Incorporated


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