Baker Hughes Announces October 2013 Rig Counts

                Baker Hughes Announces October 2013 Rig Counts

PR Newswire

HOUSTON, Nov. 7, 2013

HOUSTON, Nov. 7, 2013 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI)
announced today that the international rig count for October 2013 was 1,315,
up 31 from the 1,284 counted in September 2013, and up 56 from the 1,259
counted in October 2012. The international offshore rig count for October 2013
was 316, up 3 from the 313 counted in September 2013, and up 10 from the 306
counted in October 2012.

The average U.S. rig count for October 2013 was 1,744, down 16 from the 1,760
counted in September 2013, and down 90 from the 1,834 counted in October 2012.
The average Canadian rig count for October 2013 was 378, down 9 from the 387
counted in September 2013, and up 13 from the 365 counted in October 2012.

The worldwide rig count for October 2013 was 3,437, up 6 from the 3,431
counted in September 2013, and down 21 from the 3,458 counted in October 2012.

October 2013 Rotary Rig Counts

              October 2013          Month     September 2013        October 2012
              Land  Offshore Total  Variance  Land  Offshore Total  Land  Offshore Total
   Latin      332   88       420    16        319   85       404    329   83       412
   America
   Europe     90    46       136    -3        88    51       139    76    48       124
   Africa     96    35       131    12        84    35       119    74    30       104
   Middle     342   41       383    4         337   42       379    334   43       377
   East*
   Asia       139   106      245    2         143   100      243    140   102      242
   Pacific
International 999   316      1,315  31        971   313      1,284  953   306      1,259
   United     1,683 61       1,744  -16       1,695 65       1,760  1,785 49       1,834
   States
   Canada     374   4        378    -9        382   5        387    364   1        365
North America 2,057 65       2,122  -25       2,077 70       2,147  2,149 50       2,199
Worldwide     3,056 381      3,437  6         3,048 383      3,431  3,102 356      3,458
* The Middle East rig count excludes rigs in Syria for September and October 2013.

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
60,000-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: Christine Mathers, + 1.713.439.8738,
                     christine.mathers@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
 
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