September Rig Count Rises

Baker Hughes Incorporated announced today that the international rig count for September 2007 was 1,032, up 23 from the 1,009 counted in August 2007, and up 83 from the 949 counted in September 2006.

The international offshore rig count for September 2007 was 285, up 5 from the 280 counted in August 2007 and up 21 from the 264 counted in September 2006.

The US rig count for September 2007 was 1,783, down 21 from the 1,804 counted in August 2007 and up 44 from the 1,739 counted in September 2006. The Canadian rig count for September 2007 was 351, up 8 from the 343 counted in August 2007 and down 95 from the 446 counted in September 2006.

The worldwide rig count for September 2007 was 3,166, up 10 from the 3,156 counted in August 2007 and up 32 from the 3,134 counted in September 2006.

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.



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