HOUSTON, Jan. 8 /PRNewswire-FirstCall/ -- 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. December 2009 Rotary Rig Counts December 2009 November 2009 December 2008 Land OS Total Var. Land OS Total Land OS Total -------------------------------------------------------------------------- Europe 38 46 84 (2) 40 46 86 48 53 101 Middle East 215 36 251 (2) 221 32 253 246 33 279 Africa 59 11 70 2 54 14 68 51 16 67 Latin America 280 73 353 (8) 284 77 361 312 77 389 Asia Pacific 151 115 266 9 142 115 257 130 112 242 --- --- --- --- --- --- --- --- --- International 743 281 1024 (1) 741 284 1025 787 291 1078 United States 1136 36 1172 65 1071 36 1107 1716 66 1782 Canada 310 3 313 36 277 0 277 359 2 361 --- --- --- --- --- --- --- --- --- North America 1446 39 1485 101 1348 36 1384 2075 68 2143 -------------------------------------------------------------------------- Worldwide 2189 320 2509 100 2089 320 2409 2862 359 3221 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 at http://www.bakerhughes.com/investor/rig. Baker Hughes provides reservoir consulting, drilling, formation evaluation, completion and production products and services to the worldwide oil and gas industry. Contacts: Baker Hughes Incorporated Gary R. Flaharty (713) 439-8039 P.O. Box 4740 H. Gene Shiels (713) 439-8822 Houston, Texas 77210-4740 DATASOURCE: Baker Hughes Incorporated CONTACT: Gary R. Flaharty, +1-713-439-8039, or H. Gene Shiels, +1-713-439-8822, both of Baker Hughes Incorporated Web Site: http://www.bakerhughes.com/

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