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International Rig Count Down 4% from October

Maritime Activity Reports, Inc.

January 11, 2001

Baker Hughes Incorporated's international rig count for November 2000 was 700, down 27 from the 727 counted in October 2000 and up 125 from the 575 counted in November 1999. The international offshore rig count for November 2000 was 196, down 23 from the 219 counted in October 2000 and up 38 from the 158 counted in November 1999.

The U.S. rig count for November 2000 was 1,067, up 12 from the 1,055 counted in October 2000, and up 285 from the 782 counted in November 1999. The Canadian rig count for November 2000 was 362, up nine from the 353 counted in October 2000 and up 26 from the 336 counted in November 1999.

The worldwide rig count for November 2000 was 2,129, down 6 from the 2,135 counted in October 2000 and up 436 from the 1,693 counted in November 1999.

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