Baker Hughes Reveals Global Rig Count Down 8%

Baker Hughes announced that the international rig count for January 2009 was 1,044, down 34 from the 1,078 counted in December 2008, and down 9 from the 1,053 counted in January 2008. The international offshore rig count for January 2009 was 279, down 12 from the 291 counted in December 2008 and down 12 from the 291 counted in January 2008.

The US rig count for January 2009 was 1,553, down 229 from the 1,782 counted in December 2008 and down 196 from the 1,749 counted in January 2008. The Canadian rig count for January 2009 was 377, up 16 from the 361 counted in December 2008 and down 117 from the 494 counted in January 2008.

The worldwide rig count for January 2009 was 2,974, down 247 from the 3,221 counted in December 2008 and down 322 from the 3,296 counted in January 2008.
 

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