Baker Hughes Announces March 2013 Rig Counts
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, [email protected] |
| Investor Relations: |
Trey Clark, +1.713.439.8039, [email protected] |
| Eric Holcomb, +1.713.439.8822, [email protected] |
|
SOURCE Baker Hughes Incorporated
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