Baker Hughes Announces November 2013 Rig Counts

               Baker Hughes Announces November 2013 Rig Counts

PR Newswire

HOUSTON, Dec. 6, 2013

HOUSTON, Dec. 6, 2013 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI)
announced today that the international rig count for November 2013 was 1,311,
down 4 from the 1,315 counted in October 2013, and up 44 from the 1,267
counted in November 2012. The international offshore rig count for November
2013 was 316, unchanged from October 2013, and up 16 from the 300 counted in
November 2012.

The average U.S. rig count for November 2013 was 1,756, up 12 from the 1,744
counted in October 2013, and down 53 from the 1,809 counted in November 2012.
The average Canadian rig count for November 2013 was 385, up 7 from the 378
counted in October 2013, and unchanged from November 2012.

The worldwide rig count for November 2013 was 3,452, up 15 from the 3,437
counted in October 2013, and down 9 from the 3,461 counted in November
2012.

November 2013 Rotary Rig Counts

              November 2013         Month     October 2013          November 2012
              Land  Offshore Total  Variance  Land  Offshore Total  Land  Offshore Total
   Latin      322   89       411    -9        332   88       420    328   70       398
   America
   Europe     89    48       137    1         90    46       136    76    51       127
   Africa     100   35       135    4         96    35       131    68    34       102
   Middle     346   42       388    5         342   41       383    354   40       394
   East*
   Asia       138   102      240    -5        139   106      245    141   105      246
   Pacific
International 995   316      1,311  -4        999   316      1,315  967   300      1,267
   United     1,698 58       1,756  12        1,683 61       1,744  1,758 51       1,809
   States
   Canada     384   1        385    7         374   4        378    385   0        385
North America 2,082 59       2,141  19        2,057 65       2,122  2,143 51       2,194
Worldwide     3,077 375      3,452  15        3,056 381      3,437  3,110 351      3,461
* The Middle East rig count excludes rigs in Syria for October and November 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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