Baker Hughes Reports Rig Counts for November 2012

Baker Hughes BHI announced today that the international rig count for November 2012 was 1,267, up 8 from the 1,259 counted in October 2012, and up 82 from the 1,185 counted in November 2011. The international offshore rig count for November 2012 was 300, down 6 from the 306 counted in October 2012 and down 2 from the 302 counted in November 2011.  The average U.S. rig count for November 2012 was 1,809, down 25 from the 1,834 counted in October 2012 and down 202 from the 2,011 counted in November 2011. The average Canadian rig count for November 2012 was 384, up 19 from the 365 counted in October 2012 and down 103 from the 487 counted in November 2011. The worldwide rig count for November 2012 was 3,460, up 2 from the 3,458 counted in October 2012 and down 223 from the 3,683 counted in November 2011.       November 2012 Rotary Rig Counts November 2012 Month October 2012 November 2011 Land OS Total Variance Land OS Total Land OS Total Europe 76 51 127 3 76 48 124 74 48 122 Middle East* 354 40 394 17 334 43 377 269 39 308 Africa 68 34 102 -2 74 30 104 55 31 86 Latin America 328 70 398 -14 329 83 412 335 87 422 Asia Pacific 141 105 246 4 140 102 242 150 97 247 International 967 300 1,267 8 953 306 1,259 883 302 1,185 United States 1,758 51 1,809 -25 1,785 49 1,834 1,975 36 2,011 Canada 384 0 384 19 364 1 365 486 1 487 North America 2,142 51 2,193 -6 2,149 50 2,199 2,461 37 2,498 Worldwide 3,109 351 3,460 2 3,102 356 3,458 3,344 339 3,683 * Middle East rig count for November 2011 does not include Iraq About the Baker Hughes Rig Counts The Baker Hughes Rotary Rig Counts are counts of the number of drilling rigs actively exploring See full press release