Baker Hughes Announces March 2013 Rig Counts

                 Baker Hughes Announces March 2013 Rig Counts

PR Newswire

HOUSTON, April 5, 2013

HOUSTON, April 5, 2013 /PRNewswire/ --Baker Hughes Incorporated (NYSE:BHI)
announced today that the international rig count for March 2013 was 1,268,
down 7 from the 1,275 counted in February 2013, and up 76 from the 1,192
counted in March 2012. The international offshore rig count for March 2013 was
316, down 7 from the 323 counted in February 2013 and up 13 from the 303
counted in March 2012.

The average U.S. rig count for March 2013 was 1,756, down 6 from the 1,762
counted in February 2013 and down 223 from the 1,979 counted in March 2012.
The average Canadian rig count for March 2013 was 464, down 178 from the 642
counted in February 2013 and down 28 from the 492 counted in March 2012.

The worldwide rig count for March 2013 was 3,488, down 191 from the 3,679
counted in February 2013 and down 175 from the 3,663 counted in March 2012.


March 2013 Rotary Rig Counts

                   March 2013       Month     February 2013    March 2012
                   Land  OS  Total  Variance  Land  OS  Total  Land  OS  Total
    Europe         80    53  133    -2        82    53  135    67    42  109
    Middle East*   295   41  336    -14       308   42  350    266   46  312
    Africa         83    32  115    2         77    36  113    54    35  89
    Latin America  352   85  437    10        339   88  427    351   87  438
    Asia Pacific   142   105 247    -3        146   104 250    151   93  244
International      952   316 1,268  -7        952   323 1,275  889   303 1,192
    United States  1,705 51  1,756  -6        1,708 54  1,762  1,936 43  1,979
    Canada         462   2   464    -178      641   1   642    492   0   492
North America      2,167 53  2,220  -184      2,349 55  2,404  2,428 43  2,471
Worldwide          3,119 369 3,488  -191      3,301 378 3,679  3,317 346 3,663
*   The Middle East rig count excludes rigs in Syria for February and March
    2013 and Iraq for March 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
 
Press spacebar to pause and continue. Press esc to stop.