HOUSTON & LONDON–(BUSINESS WIRE)–Baker Hughes, a GE company (NYSE:BHGE) announced today that the Baker
Hughes international rig count for July 2017 was 959, down 1 from the
960 counted in June 2017, and up 21 from the 938 counted in July 2016.
The international offshore rig count for July 2017 was 204, up 7 from
the 197 counted in June 2017, and down 22 from the 226 counted in July
2016.

The average US rig count for July 2017 was 953, up 22 from the 931
counted in June 2017, and up 504 from the 449 counted in July 2016. The
average Canadian rig count for July 2017 was 198, up 48 from the 150
counted in June 2017, and up 104 from the 94 counted in July 2016.

The worldwide rig count for July 2017 was 2,110, up 69 from the 2,041
counted in June 2017, and up 629 from the 1,481 counted in July 2016.

July 2017 Rig Counts

		July 2017								June 2017						July 2016
								Month
		Land		Offshore		Total		Variance		Land		Offshore		Total		Land		Offshore		Total
Latin America		159		37		196		4		158		34		192		153		33		186
Europe		50		32		82		-9		59		32		91		52		42		94
Africa		75		14		89		3		72		14		86		70		12		82
Middle East		352		45		397		0		355		42		397		339		51		390
Asia Pacific		119		76		195		1		119		75		194		98		88		186
International		755		204		959		-1		763		197		960		712		226		938
United States		931		22		953		22		909		22		931		429		20		449
Canada		197		1		198		48		148		2		150		92		2		94
North America		1,128		23		1,151		70		1,057		24		1,081		521		22		543
Worldwide		1,883		227		2,110		69		1,820		221		2,041		1,233		248		1,481

About the Baker Hughes Rig Counts

The Baker Hughes rig counts are counts of the number of drilling rigs
actively exploring for or developing oil or natural gas in the U.S.,
Canada and international markets. The company has issued the rig counts
as a service to the petroleum industry since 1944, when Hughes Tool
Company began weekly counts of the U.S. and Canadian drilling activity.
The monthly international rig count was initiated in 1975.

The North American rig count 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 fifth working day of the month at
5:00 a.m. Central time. Additional detailed information on the Baker
Hughes rig counts is available from our website.

About Baker Hughes, a GE company

Baker Hughes, a GE company (NYSE: BHGE) is the world’s first and only
fullstream provider of integrated oilfield products, services and
digital solutions. We deploy minds and machines to enhance customer
productivity, safety and environmental stewardship, while minimizing
costs and risks at every step of the energy value chain. With operations
in over 120 countries, we infuse over a century of experience with the
spirit of a startup – inventing smarter ways to bring energy to the
world.

Contacts

Baker Hughes, a GE company (BHGE)
Media Relations:
Stephanie
Cathcart, +1 202-549-6462
[email protected]
or
Melanie
Kania, +1 713-439-8303
[email protected]
or
Investor
Relations:
Philipp Mueller, +1 281-809-9088
[email protected]