Baker Hughes Announces December 2009 Rig Counts

Houston, Texas – January 8, 2010. Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for December 2009 was 1,024, down 1 from the 1,025 counted in November 2009, and down 54 from the 1,078 counted in December 2008.
The international offshore rig count for December 2009 was 281, down 3 from the 284 counted in November 2009 and down 10 from the 291 counted in December 2008.

The US rig count for December 2009 was 1,172, up 65 from the 1,107 counted in November 2009 and down 610 from the 1,782 counted in December 2008. The Canadian rig count for December 2009 was 313, up 36 from the 277 counted in November 2009 and down 48 from the 361 counted in December 2008.

The worldwide rig count for December 2009 was 2,509, up 100 from the 2,409 counted in November 2009 and down 712 from the 3,221 counted in December 2008.
Additional detailed information on the Baker Hughes rig counts is available at http://www.bakerhughes.com/investor/rig.

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