Baker Hughes Announces July 2006 Rig Counts

Baker Hughes Incorporated announced that the international rig count for July 2006 was 921, up 15 from the 906 counted in June 2006, and up 10 from the 911 counted in July 2005. The international offshore rig count for July 2006 was 269, up for from the 265 counted in June 2006 and down nine from the 278 counted in July 2005. The US rig count for July 2006 was 1,681 up 16 from the 1,665 counted in June 2006 and up 283 from the 1,398 counted in July 2005. The Canadian rig count for July 2006 was 553, up 145 from the 408 counted in June 2006 and up 103 from the 450 counted in July 2005. The worldwide rig count for July 2006 was 3,155, up 176 from the 2,979 counted in June 2006 and up 396 from the 2,759 counted in July 2005.