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 America
339
68
407
9
328
70
398
331
87
418
Europe
98
55
153
6
99
48
147
90
49
139
Africa
91
46
137
14
87
36
123
90
38
128
Middle East
378
54
432
7
374
51
425
332
47
379
Asia Pacific
140
113
253
2
136
115
251
142
99
241
International
1,046
336
1,382
38
1,024
320
1,344
985
320
1,305
United States
1,819
57
1,876
15
1,803
58
1,861
1,708
58
1,766
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 CountsThe 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
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