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Category:  Press » Miscellaneous

 

Baker Hughes Announces June 2010 Rig Counts

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2010-07-08 05:19:25     
Baker Hughes Incorporated

Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for June 2010 was 1,099, up 9 from the 1,090 counted in May 2010, and up 132 from the 967 counted in June 2009. The international offshore rig count for June 2010 was 312, up 14 from the 298 counted in May 2010 and up 45 from the 267 counted in June 2009.

The Middle East rig count reflects a 14-rig increase in Syria solely attributable to an improvement in our counting methodology.

The US rig count for June 2010 was 1,531, up 18 from the 1,513 counted in May 2010 and up 636 from the 895 counted in June 2009. The Canadian rig count for June 2010 was 229, up 82 from the 147 counted in May 2010 and up 104 from the 125 counted in June 2009.

The worldwide rig count for June 2010 was 2,859, up 109 from the 2,750 counted in May 2010 and up 872 from the 1,987 counted in June 2009.

June 2010 Rotary Rig Counts

June 2010

May 2010

June 2009

Land
OS
Total

Var.

Land
OS
Total

Land
OS
Total

Europe
45
52
97

9

46
42
88

35*
42*
77

Middle East
223
36
259

5

220
34
254

213
34
247

Africa
61
23
84

(1)

61
24
85

51
13
64

Latin America
314
74
388

(7)

316
79
395

268
75
343

Asia Pacific
144
127
271

3

149
119
268

133
103
236

International
787
312
1099

9

792
298
1090

700
267
967

United States
1511
20
1531

18

1464
49
1513

848
47
895

Canada
227
2
229

82

146
1
147

124
1
125

North America
1738
22
1760

100

1610
50
1660

972
48
1020

Worldwide
2525
334
2859

109

2402
348
2750

1672
315
1987

* One rig was reclassified from offshore to land.

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. 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 provides reservoir consulting, drilling, pressure pumping, formation evaluation, completion and production products and services to the worldwide oil and gas industry.

Contact:

Gary R. Flaharty, +1.713.439.8039, gflaharty (at) bakerhughes.com

Specialized in: Rig Counts - Baker Hughes
URL: http://www.bakerhughes.com
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