HOUSTON, Feb. 5 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for January 2010 was 1,047, up 23 from the 1,024 counted in December 2009, and up 3 from the 1,044 counted in January 2009. The international offshore rig count for January 2010 was 288, up 7 from the 281 counted in December 2009 and up 9 from the 279 counted in January 2009. The US rig count for January 2010 was 1,267, up 95 from the 1,172 counted in December 2009 and down 286 from the 1,553 counted in January 2009. The Canadian rig count for January 2010 was 459, up 146 from the 313 counted in December 2009 and up 82 from the 377 counted in January 2009. The worldwide rig count for January 2010 was 2,773, up 264 from the 2,509 counted in December 2009 and down 201 from the 2,974 counted in January 2009. January 2010 Rotary Rig Counts January 2010 December 2009 January 2009 Land OS Total Var. Land OS Total Land OS Total ---- --- ----- ---- ---- --- ----- ---- --- ----- Europe 40 46 86 2 38 46 84 39 54 93 Middle East 222 38 260 9 215 36 251 239 35 274 Africa 51 23 74 4 59 11 70 46 12 58 Latin America 298 76 374 21 280 73 353 305 76 381 Asia Pacific 148 105 253 (13) 151 115 266 136 102 238 --- --- --- --- --- --- --- --- --- International 759 288 1047 23 743 281 1024 765 279 1044 United States 1225 42 1267 95 1136 36 1172 1487 66 1553 Canada 456 3 459 146 310 3 313 375 2 377 --- --- --- --- --- --- --- --- --- North America 1681 45 1726 241 1446 39 1485 1862 68 1930 ------------- ---- --- ---- --- ---- --- ---- ---- --- ---- Worldwide 2440 333 2773 264 2189 320 2509 2627 347 2974 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: Gary R. Flaharty (713) 439-8039 H. Gene Shiels (713) 439-8822 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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