Baker Hughes Announces July 2014 Rig Counts

                 Baker Hughes Announces July 2014 Rig Counts

PR Newswire

HOUSTON, Aug. 7, 2014

HOUSTON, Aug. 7, 2014 /PRNewswire/ --Baker Hughes Incorporated (NYSE:BHI)
announced today that the international rig count for July 2014 was 1,382, up
38 from the 1,344 counted in June 2014, and up 77 from the 1,305 counted in
July 2013. The international offshore rig count for July 2014 was 336, up 16
from the 320 counted in June 2014, and up 16 from the 320 counted in July
2013.

The average U.S. rig count for July 2014 was 1,876, up 15 from the 1,861
counted in June 2014, and up 110 from the 1,766 counted in July 2013. The
average Canadian rig count for July 2014 was 350, up 110 from the 240 counted
in June 2014, and up 59 from the 291 counted in July 2013.

The worldwide rig count for July 2014 was 3,608, up 163 from the 3,445 counted
in June 2014, and up 246 from the 3,362 counted in July 2013. 

July 2014 Rotary Rig Counts

              July 2014             Month     June 2014             July 2013
              Land  Offshore Total  Variance  Land  Offshore Total  Land  Offshore Total
   Latin      339   68       407    9         328   70       398    331   87       418
   America
   Europe     98    55       153    6         99    48       147    90    49       139
   Africa     91    46       137    14        87    36       123    90    38       128
   Middle     378   54       432    7         374   51       425    332   47       379
   East
   Asia       140   113      253    2         136   115      251    142   99       241
   Pacific
International 1,046 336      1,382  38        1,024 320      1,344  985   320      1,305
   United     1,819 57       1,876  15        1,803 58       1,861  1,708 58       1,766
   States
   Canada     348   2        350    110       238   2        240    288   3        291
North America 2,167 59       2,226  125       2,041 60       2,101  1,996 61       2,057
Worldwide     3,213 395      3,608  163       3,065 380      3,445  2,981 381      3,362

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
59,000-plus employees today work in more than 80 countries helping customers
find, evaluate, drill, produce, transport and process hydrocarbon resources.
For more information about Baker Hughes, visit: www.bakerhughes.com.

CONTACTS:
Media Relations:  Melanie Kania, + 1.713.439.8303,
                       melanie.kania@bakerhughes.com
Investor Relations:  Trey Clark, +1.713.439.8039, trey.clark@bakerhughes.com
                       Alondra Oteyza, +1.713.439.8822,
                       alondra.oteyza@bakerhughes.com

SOURCE Baker Hughes Incorporated

Website: http://www.bakerhughes.com
 
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