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Wednesday, 01/09/2008 2:07:37 AM

Wednesday, January 09, 2008 2:07:37 AM

Post# of 1210
Oil drilling rigs needed worldwide. Open the link to see the numbers in a table form.


Baker Hughes Announces December 2007 Rig Counts
Tuesday January 8, 5:49 pm ET

HOUSTON, Jan. 8 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced today that the international rig count for December 2007 was 1,036, up 44 from the 992 counted in November 2007, and up 85 from the 951 counted in December 2006. The international offshore rig count for December 2007 was 291, up 19 from the 272 counted in November 2007 and up 1 from the 271 counted in December 2006.

The international rig count for December 2007 reflects a 30 rig increase in Latin America, primarily due to recovery from weather delays in Mexico, the end of strikes in Argentina, and the addition of four offshore rigs in Brazil.

The US rig count for December 2007 was 1811, up 13 from the 1798 counted in November 2007 and up 93 from the 1718 counted in December 2006. The Canadian rig count for December 2007 was 360, down 11 from the 371 counted in November 2007 and down 96 from the 456 counted in December 2006.

The worldwide rig count for December 2007 was 3207, up 46 from the 3161 counted in November 2007 and up 82 from the 3125 counted in December 2006.

http://biz.yahoo.com/prnews/080108/latu163.html?.v=21
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