Baker Hughes Announces December 2012 Rig Counts

Tue Jan 8, 2013 6:00am EST

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HOUSTON,  Jan. 8, 2013  /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI)
announced today that the international rig count for  December 2012  was 1,253,
down 14 from the 1,267 counted in  November 2012, and up 73 from the 1,180
counted in  December 2011. The international offshore rig count for  December
2012  was 299, down 1 from the 300 counted in  November 2012  and unchanged from
the 299 counted in December 2011.   

The average U.S. rig count for  December 2012  was 1,784, down 25 from the 1,809
counted in  November 2012  and down 219 from the 2,003 counted in  December
2011. The average Canadian rig count for  December 2012  was 353, down 31 from
the 384 counted in  November 2012  and down 76 from the 429 counted in  December
2011.

The worldwide rig count for  December 2012  was 3,390, down 70 from the 3,460
counted in  November 2012  and down 222 from the 3,612 counted in December 2011.
  

December 2012  Rotary Rig Counts

                         December 2012                     Month             November 2012                     December 2011           
                         Land    OS      Total           Variance          Land    OS      Total           Land    OS     Total  
                                                                                                                                 
          Europe         77      59      136             9                 76      51      127             70      42     112    
          Middle East*   321     42      363             -31               354     40      394             263     41     304    
          Africa         71      31      102             0                 68      34      102             48      31     79     
          Latin America  341     73      414             16                328     70      398             349     89     438    
          Asia Pacific   144     94      238             -8                141     105     246             151     96     247    
 International            954     299     1,253           -14               967     300     1,267           881     299    1,180  
                                                                                                                                 
          United States  1,734   50      1,784           -25               1,758   51      1,809           1,961   42     2,003  
          Canada         352     1       353             -31               384     0       384             428     1      429    
 North America            2,086   51      2,137           -56               2,142   51      2,193           2,389   43     2,432  
                                                                                                                                 
 Worldwide                3,040   350     3,390           -70               3,109   351     3,460           3,270   342    3,612  
                                                                                                                                 
 *        Middle East rig count for December 2011 does not include Iraq                                                                       


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
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