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Baker Hughes Announces February 2013 Rig Counts

               Baker Hughes Announces February 2013 Rig Counts

PR Newswire

HOUSTON, March 7, 2013

HOUSTON, March 7, 2013 /PRNewswire/ --Baker Hughes Incorporated (NYSE:BHI)
announced today that the international rig count for February 2013 was 1,275,
down 4 from the 1,279 counted in January 2013, and up 71 from the 1,204
counted in February 2012. The international offshore rig count for February
2013 was 323, up 16 from the 307 counted in January 2013 and up 3 from the 320
counted in February 2012.

Beginning this month, the international rig count excludes rigs in Syria due
to difficulty obtaining data as a result of continued civil unrest. The Syria
rig count was 20 rigs in January 2013 and 27 rigs in February 2012.

The average U.S. rig count for February 2013 was 1,762, up 5 from the 1,757
counted in January 2013 and down 228 from the 1,990 counted in February 2012.
The average Canadian rig count for February 2013 was 642, up 139 from the 503
counted in January 2013 and down 64 from the 706 counted in February 2012.

The worldwide rig count for February 2013 was 3,679, up 140 from the 3,539
counted in January 2013 and down 221 from the 3,900 counted in February
2012. 

February 2013 Rotary Rig Counts

                   February 2013    Month     January 2013     February 2012
                   Land  OS  Total  Variance  Land  OS  Total  Land  OS  Total
    Europe         82    53  135    1         80    54  134    72    48  120
    Middle East*   308   42  350    -29       334   45  379    261   50  311
    Africa         77    36  113    -2        81    34  115    48    33  81
    Latin America  339   88  427    13        337   77  414    349   90  439
    Asia Pacific   146   104 250    13        140   97  237    154   99  253
International      952   323 1,275  -4        972   307 1,279  884   320 1,204
    United States  1,708 54  1,762  5         1,705 52  1,757  1,948 42  1,990
    Canada         641   1   642    139       502   1   503    706   0   706
North America      2,349 55  2,404  144       2,207 53  2,260  2,654 42  2,696
Worldwide          3,301 378 3,679  140       3,179 360 3,539  3,538 362 3,900
*   The Middle East rig count excludes rigs in Syria for February 2013 and
    Iraq for February 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.

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 Incorporated

Website: http://www.bakerhughes.com