US December Rig Count Down Four

Baker Hughes Incorporated announced today that the international rig count for January 2007 was 972, up 21 from the 951 counted in December 2006, and up 67 from the 905 counted in January 2006.

The international offshore rig count for January 2007 was 276, up 5 from the 271 counted in December 2006 and up 13 from the 263 counted in January 2006.

The US rig count for January 2007 was 1,714, down 4 from the 1,718 counted in December 2006 and up 241 from the 1,473 counted in January 2006. The Canadian rig count for January 2007 was 568, up 112 from the 456 counted in December 2006 and down 92 from the 660 counted in January 2006.

The worldwide rig count for January 2007 was 3,254, up 129 from the 3,125 counted in December 2006 and up 216 from the 3,038 counted in January 2006.



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