713.439.8600

Baker Hughes Incorporated
17021 Aldine Westfield
Houston, Texas 77073

Alondra Oteyza

Director, Investor Relations

713.439.8822

News Release

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Baker Hughes Announces April 2017 Rig Counts

HOUSTON--(BUSINESS WIRE)--May 5, 2017-- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for April 2017 was 956, up 13 from the 943 counted in March 2017, and up 10 from the 946 counted in April 2016. The international offshore rig count for April 2017 was 201, up 4 from the 197 counted in March 2017, and down 19 from the 220 counted in April 2016.

The average U.S. rig count for April 2017 was 853, up 64 from the 789 counted in March 2017, and up 416 from the 437 counted in April 2016. The average Canadian rig count for April 2017 was 108, down 145 from the 253 counted in March 2017, and up 67 from the 41 counted in April 2016.

The worldwide rig count for April 2017 was 1,917, down 68 from the 1,985 counted in March 2017, and up 493 from the 1,424 counted in April 2016.

                                       

April 2017 Rotary Rig Counts

 
April 2017 March 2017 April 2016

 

 

 

Month

 

 

 

 

 

 

     

Land

   

Offshore

   

Total

    Variance    

Land

   

Offshore

   

Total

   

Land

   

Offshore

   

Total

 
Latin America 150 32 182 -3 150 35 185 167 36 203
Europe 60 31 91 -3 63 31 94 54 36 90
Africa 76 13 89 9 70 10 80 70 20 90
Middle East 344 45 389 3 341 45 386 330 54 384
Asia Pacific 125     80     205 7 122     76     198 105     74     179
International 755 201 956 13 746 197 943 726 220 946
 
United States 833 20 853 64 770 19 789 411 26 437
Canada 108     0     108 -145 252     1     253 40     1     41
North America 941 20 961 -81 1,022 20 1,042 451 27 478
                                           
Worldwide 1,696     221     1,917 -68 1,768     217     1,985 1,177     247     1,424
 
 

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 U.S., 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 the U.S. and Canadian drilling activity. Baker Hughes initiated the monthly international rig count in 1975.

The North American rig count 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 fifth working day of the month at 5:00 a.m. Central time. 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 32,000 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.

Source: Baker Hughes Incorporated

Baker Hughes Incorporated
Media Relations:
Melanie Kania, + 1-713-439-8303
melanie.kania@bakerhughes.com
or
Investor Relations:
Alondra Oteyza, +1-713-439-8822
alondra.oteyza@bakerhughes.com