Baker Hughes Announces January 2013 Rig Counts

                Baker Hughes Announces January 2013 Rig Counts

PR Newswire

HOUSTON, Feb. 7, 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. 

January 2013 Rotary Rig Counts

                  January 2013      Month     December 2012    January 2012
                  Land   OS  Total  Variance  Land  OS  Total  Land  OS  Total
    Europe        80     54  134    -2        77    59  136    71    37  108
    Middle East*  334    45  379    16        321   42  363    263   48  311
    Africa        81     34  115    13        71    31  102    44    34  78
    Latin America 337    77  414    0         341   73  414    334   86  420
    Asia Pacific  140    97  237    -1        144   94  238    152   102 254
International     972    307 1,279  26        954   299 1,253  864   307 1,171
    United States 1,705  52  1,757  -27       1,734 50  1,784  1,960 43  2,003
    Canada        502    1   503    150       352   1   353    577   0   577
North America     2,207  53  2,260  123       2,086 51  2,137  2,537 43  2,580
Worldwide         3,179  360 3,539  149       3,040 350 3,390  3,401 350 3,751
    Middle East rig count for
*   January 2012 doesnot include
    Iraq

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.

Baker Hughes is a leading supplier of oilfield services, products, technology
and systems to the worldwide oil and natural gas industry. The company's
58,000-plus employees today work in more than 80 countries helping customers
find, evaluate, drill, produce, transport and process hydrocarbon resources.
For more information on Baker Hughes' century-long history, visit
www.bakerhughes.com.

CONTACTS:
Media Relations:   Teresa Wong, +1.713.439.8110,
                            teresa.wong@bakerhughes.com
Investor Relations:   Trey Clark, +1.713.439.8039,
                            trey.clark@bakerhughes.com
                            Eric Holcomb, +1.713.439.8822,
                            eric.s.holcomb@bakerhughes.com

SOURCE Baker Hughes

Website: http://www.bakerhughes.com
 
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