December Rig Count Up 12

Baker Hughes Incorporated has announced today that the international rig count for December 2006 was 951, up 12 from the 939 counted in November 2006, and up 3 from the 948 counted in December 2005. The international offshore rig count for December 2006 was 271, up 11 from the 260 counted in November 2006 and up 7 from the 264 counted in December 2005.

The US rig count for December 2006 was 1,718, up 12 from the 1,706 counted in November 2006 and up 248 from the 1,470 counted in December 2005. The Canadian rig count for December 2006 was 456, up 24 from the 432 counted in November 2006 and down 119 from the 575 counted in December 2005.

Excluding Iran and Sudan, the international rig count for December 2006 was 951, up 12 from the 939 counted in November 2006, and up 60 from the 891 counted in December 2005. The international offshore rig count for December 2006 was 271, up 11 from the 260 counted in November 2006 and up 13 from the 258 counted in December 2005.

The worldwide rig count for December 2006 was 3,125, up 48 from the 3,077 counted in November 2006 and up 132 from the 2,993 counted in December 2005. (1) Excluding Iran and Sudan, the worldwide rig count for December 2006 was 3,125, up 48 from the 3,077 counted in November 2006 and up 189 from the 2,936 counted in December 2005.



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